Engineering Announces 2010 Storer Entrepreneurial Award Winner

Thursday, May 27, 2010

University of Iowa News Release

The University of Iowa College of Engineering has announced that the business plan for Responsible Transport LLC, written by Keaton Walker of Washington, Iowa, a May graduate in industrial engineering, is the winner of the 2010 Hubert E. Storer Engineering Student Entrepreneurial Start-up Award.

The annual award, established in 2002 and funded by an endowed gift from College of Engineering alumnus Hubert E. Storer, provides $10,000 of initial financial support for a College of Engineering student technological business plan.

In addition to receiving the Storer Award, Responsible Transport LLC recently won the Bedell Lab End-of-year Competition $5,000 grand prize, awarded by the Bedell Entrepreneurship Learning Laboratory in the UI's John Pappajohn Entrepreneurial Center, and the Volding Business Plan Competition $3,000 grand prize, awarded by the John Pappajohn Entrepreneurial Center. The business would collect and process unwanted resources, identify a potential market, and efficiently transport the resources.

Walker also received a Technological Entrepreneurship Certificate upon graduation.  The certificate program, now in its 14th year, enables students to study the entrepreneurial process as it relates to technology. It not only serves students who intend to start and operate their own business - it also helps any student interested in gaining a better understanding of managing innovation in an existing business environment.