DeGraw Custom, a high-quality livestock feeder manufacturing business started by Snow College students Kyle DeGraw and Cody Ruby, won $10,000 at the Utah Entrepreneur Challenge held at the University of Utah on March 30. They competed against more than 150 collegiate teams from around the state to take home the $5,000 3rd place prize. Additionally, DeGraw Custom won $3,000 for the Stoel Rives Best Technology Award and $2,000 for the Actium Partners Bootstrap Award.
“I feel like what’s brought us so far is we have a legit business that we’re starting. I think that’s what’s helped us more than anything,” co-founder Cody Ruby said after the team’s win. “You can’t just come up with ideas, it’s got to be doable.”
DeGraw Custom previously won the $1,000 grand prize at the Snow College Opportunity Quest competition held in November 2018 after competing against more than 30 teams. That competition was managed by the Snow College Entrepreneurship Center and the Business Department.
We offer our congratulations to Kyle and Cody and can’t wait to see where they go from here!
The Snow College Entrepreneurship Center is a hub for student entrepreneurship and innovation created in 2018 and housed in the Business Building. Programs include mentoring, networking lunches, business-plan competitions, startup support, entrepreneurship education, conferences and more. All programs are open to students from any major or background. For more information, contact Russ Tanner, or (435) 283-7564.
The Utah Entrepreneur Challenge is a statewide business-model competition open to all university students in the state. It is managed by the Lassonde Entrepreneur Institute at the U of U and sponsored by Zions Bank. The event features the best collegiate entrepreneurs in Utah competing for $100,000 in cash and prizes.