OCR Text |
Show i usiness A8 • WEDNESDAY, APRIL 30, 2008 SF native part of winning team Marilyn Nielson STAFF WRITER Spanish Fork resident Brady Woolford is part of the winning team in B YU's 2008 Business Plan Competition. The team, named Klymit, was awarded the grand prize for their initial product: a ski jacket that uses gases inside the fabric to keep the wearer warm. "For the competition, we made a prototype of our product and presented a business plan for it," Woolford said. "Basically, it works by using noble gases—such as argon, krypton, and xenon—to trap warm air inside the jacket." Because of their composition, these gases reduce the amount of heat that can pass through them, with the result that all the heat is kept inside next to the wearer's body. And the insulation in the lining can be adjusted by turning a dial which releases the gases, thus increasing or decreasing the warmth of the jacket. Although their prototype was a ski jacket, Klymit has plans to expand their product line to include other coldweather gear such as ski pants, etc. Woolford became involved with Klymit last year when he saw a flier requesting the services of an engineer. "The president of our team had this idea, and he entered the B YU competition last year, too," said Woolford. "He made it into the semifinals, so he decided Courtesy photo NEW BUSINESS: The Klymit team took first place in BYU's 2008 Business Plan Competition. Pictured, left to right, Nick Sorensen, Ben Maughan, Nate Alder and Brady Woolford. to develop it further and en- Lake City, as well as Wool- moving their offices to Ogden ford, who is a Ph.D. engi- this week, to be close to other ter again." businesses in the outdoor inThat was when Woolford neering candidate. In addition to their win dustry. became involved. When, he Woolford thinks the saw what was needed, he at the BYU competition, Klymit's product won the Klymit technology will be was interested, and began to work on developing a proto- business plan competition at available to consumers soon. type and refining the tech- the University of Oregon, as "We will have a contract well as the 2007 Invented in signed probably within the nology further. In addition to Woolford's Utah competition, which in- next ninety days," he said. work as the team's engineer, cludes non-student inventors The group will use a licensing Klymit has a president, a as well. Next week the team agreement to grant permisCFO, and a marketing spe- will compete in a nationwide sion to use their technology, cialist. Members of the team business plan competition, which has a patent pending, are Michael Albright, a sec- which is a Grand Champi- and then other companies will ond-year MBA candidate onship for business plans do the actual manufacturing from Monument, Colo.; Nate throughout the whole nation. and distribution of goods. Alder, a business manageAs for Woolford, he exFor their win at BYU, ment major from San Diego; Woolford and his team re- pects to continue to be busy Ben Maughan, a second-year ceived $25,000 cash as well with work on Klymit, but he MBA student from Oak Hill, as $25,000 worth of services also has lots of other things Va.; Nick Sorensen, an entre- to help them get their product going on, including another preneurship major from Salt into distribution. The team is job and his studies at BYU. • N E W S Fork Covering what matters most SOR honors student Daniel Bolz, President and CEO of the Statue of Responsibility Foundation, presented Tara Westover with the Responsibility in Freedom Award, the Foundation's highest honor. "This award was created as a means of recognizing individuals and/or organizations who exemplify the core message of the Statue of Responsibility," said Bolz. Central to the core message of the Statue of Responsibility is this paraphrased statement by Dr. Viktor E. Frankl, "In order for freedom to endure generation after generation, our liberties (or rights) must be lived in terms of responsibleness." "Our award is more about recognizing individuals and organizations that display socially responsible behaviors in their work and studies," Bolz said. "Through her undergradu- ate studies, Tara understands the historical significance that the principles of liberty and responsibility play in preserving freedom," said Bolz. "We feel that Tara's course of postgraduate research at Cambridge will undoubtedly lead to issues of personal and corporate responsibility which are at the core message of why the Statue of Responsibility is being built." Tara Westover recently received the 'Gates Cambridge Scholarship', valued at $37,000. While attending the University of Cambridge in England, Tara will pursue graduate level research that will identify the political and historical factors that prevent individuals from becoming successful and economically independent. Tara is from rural Idaho and studied history and political science at Brigham Young University. Kelsey Hall / Spanish Fork News TOP HONOR: Tara Westover receives the Responsibility in Freedom award from Daniel Bolz. wants to know who or what is the best in Spanish Fork and Salem. PEOPLE: Orthodontist. Realtor Past mayor of SF or Salem Pharmacy Photography studio. Current local government official. Barber Plumber High school coach Hair salon Home builder/Contractor_ High school teacher_, Tanning salon Insurance agent Lawn care Jr high teacher Middle school teacher. AUTO: Mortgage services Elementary teacher Gas station/convenience store Legal services Police Officer Tire store Accountant Postal Worker Auto repair Tax services Autbody FOOD: Car dealership. FUN & ENTERTAINMENT: Pizza Oil change Video rental Burger Trailers High school event/activity. Community event/activity. Fries Fry sauce RETAIL: Camping spot Sandwiches. Clothing_ Bargain date Grocery store Western outlet Hiking place Restaurant Flower Vacation destination (out-of-area ok) Mexican Book store, Dance studio Fast food (general) Furniture Local band Ice cream Sporting goods. Park Carpet store Playground equipment. Dessert __ " Customer service HEALTH & BEAUTY: MISC Doctor SERVICE: Public restroom Dentist Glass/Windows Drinking fountain Chiropractor. Bank/Credit Union, Best-looking architecture. Optometrist . Heating and A/C _ Landscaping PRIZE DRAWING Each survey returned by deadline will be entered in a prize drawing. Your Name: Bring the survey or mail it to J-Mart by May 23, 2008. Phone Number: 280 North Main Street • Spanish Fork Spanish Fork News employees and their family members are Ineligible for prize drawing. Results will be printed in a special section in June. •i |