Creative Minds Solutions, a company that designs and manufactures hydroelectric turbines to generate electricity from water sources, won the 2016 Fort Worth Business Plan Competition Thursday at the TCU Dee J. Kelly Alumni & Visitors Center. The sixth annual competition was a Fort Worth Business Assistance Center program and presented by Capital One.
The competition began in June, and was open to all Tarrant County businesses and startups. Of 53 entries, 29 businesses were chosen for five educational sessions and a minimum of two business counseling sessions. From there, ten semifinalists were selected, based on their submitted plans.
Three finalists were chosen from ten semifinalists, who competed at a Pitch Night presentation October 6th at the Moncrief Cancer Institute. After Creative Minds Solutions took first place, second place was awarded to Doc’s Street Grill, a mobile food concessionaire that offers Caribbean street food, owned by Steve Alade. Third place went to Benefit Acupuncture, founded by Dr. Hilary Lai. The company treats illnesses ranging from pain, allergies, chronic illness, stroke rehabilitation, and infertility.
Creative Minds Solutions is a start up company with a mission to develop non-polluting and inexpensive forms of alternative renewable energy solutions. The company is committed to improving the global environment for all living creatures.
Dr. Richard Navarro serves as the President and Chief Information Officer and specializes in creating practical solutions to common problems. He assembled a team of innovative and dedicated professionals to develop and implement ways to reduce global warming, and provide electrical power for people worldwide.
By competing in the Business Plan Competition, Dr. Navarro said that it coerced him into putting all his ideas down on paper. He added, “I knew I had to be better with financials. With the excellent training offered during the competition, I was able to do a better job on that.”
Robert Sturns serves as the Director of the City of Fort Worth’s Economic Development Department, which oversees the Business Assistance Center. He was very impressed with the presentations and plans, saying, “This has been a long and satisfying journey for the three finalists. Training, coaching and mentoring during four months. We are grateful to our judges, our partners and sponsors who make this competition possible.”