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Weldy In Entrepreneurship Competition

Kirk Weldy, a 2005 Archbold High School graduate and a senior at Ashland University, participated in Ohio’s first statewide college entrepreneurship competition Oct. 24-25 at Xavier University.

An accounting and finance major, Weldy joined more than 200 undergraduate students in two competitions.

In the first, students participated in a business exposition where they were required to create a display demonstrating their business idea and plan.

The team of Weldy, Justin Johnson, Kris Kennedy, and Al Yambor, showed its electronic locating system for use in large retail stores to improve shopper efficiency and to increase store sales revenues and customer service.

The team won one of three $500 prizes awarded for creativity and marketability out of 65 entries.

In the second competition, three AU student teams competed with other school teams for customer satisfaction and profits in a fast-paced business start-up computer simulation.

The team of Weldy and Johnson won the Philip Busch award, a $500 prize, along with the right to be called the “Make it Your Business Entrepreneurs of the Year.”

“I have an accounting and finance side; now I have an entrepreneurial side. I really enjoyed the business simulation competition,” said Weldy.

Weldy, the son of Kim and Karin, Archbold, is also the president of the Institute of Management Accountants (IMA) at AU.

The IMA provides participants with personal development opportunities through education and association with accounting professionals. Membership is open to all interested students.

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