April 3, 2009
Tyler Childress, a senior at Morningside College, was recently one of six college students to be named a winner in the 2009 Pappajohn New Venture Business Plan Competition.
This competition is for Iowa college students interested in starting their own businesses. Business plans are judged based on content and viability.
After regional competitions and then a finals competition in Cedar Falls, Iowa, Childress was awarded a $1,000 seed grant to help him implement his business plan, which is to create Ty’s Wireless Warehouse.
Among other things, Ty’s Wireless Warehouse would purchase for a low-cost cell phones that people are no longer using. Then it would offer to replace or repair cell phones that have been damaged or lost.
In its ninth year of existence, the Pappajohn New Venture Business Plan Competition was created and is sponsored by venture capitalist John Pappajohn and his firm, Equity Dynamics Inc. Pappajohn and his wife, Mary, live in Des Moines, and they have donated millions of dollars to various philanthropic causes.
Childress is majoring in business administration and marketing at Morningside College. He is the son of Dave and Carol Childress of Alvord, Iowa. His faculty sponsor for this project was Pam Mickelson, professor of business administration and director for the Center of Entrepreneurship Education at Morningside College.