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Put More “Cha-Ching” into Retail Sales

Participant: Henry Tang and Saman Raza, Carleton University
Business name: Invotrax
Concept: a leader in Radio Frequency Identification (RFID) solutions. Invotrax will focus on bringing new applications of RFID to the market as well as new creative marketing tools. The first product, Digtial Clothing Assistant (DCA) will serve as a personal clothing assistant to help customers make purchase decisions while boosting retail sales. DCA will enable customers to create a complete outfit - without having to leave the change room. More Finalists >

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Acadia University students win first national Nicol Award in Ottawa

(Wolfville, NS) April 1, 2005 – Two Acadia University students won the first national Nicol Entrepreneurial Awards held yesterday in Ottawa. Benedict Agbonkhese and Sophie Decker were up against competitors from the University of Ottawa, Carleton University, Queen's University, Brock University and the University of Manitoba.

“We are extremely proud of Benedict and Sophie’s success at the Nicol Entrepreneurial Awardss,” says Dr. Gail Dinter-Gottlieb, President and Vice-Chancellor of Acadia University, who attended the Awards. “They are an excellent example of the entrepreneurial spirit of our students and the strength of Acadia’s learning environment.”

Agbonkhese and Decker impressed the Award judges with their “passion” and an unswerving belief in their proposed business, Rhythm, a hip hop clothing and music store.

The Nicol Entrepreneurial Awards is a national non-profit program designed to promote entrepreneurship with Canadian University students. The program, in its eighth year, launched its first National Nicol Award this week on March 30 & 31.

The Award was founded in 1997 by Wes Nicol - a successful Ottawa-based business leader and lawyer who is currently the Chairman of the Tartan Group of Companies - with the aim of helping young Canadians develop the entrepreneurial spirit needed to drive the Canadian economy. Nicol made a $220,000 endowment to his alma mater, Carleton University, to fund this successful annual event.

In 2003, Acadia University joined the Wes Nicol Award program by holding its own Local Competition and later traveling to Ottawa to take part in a competition against Carleton.

For more information on the Wes Nicol Award visit http://www.nicol-award.com/

Acadia University, in Wolfville, Nova Scotia, has long been recognized as one of Canada’s premier undergraduate institutions. With its nationally and internationally recognized research initiatives, small class sizes and technology-rich teaching and learning environment, Acadia offers students an experience that includes academic achievement combined with personal growth and development. For more information about Acadia, visit our website at www.acadiau.ca

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Shawna Peverill
Public Affairs Officer
Office of Public Affairs, Acadia University
Phone: (902) 585-1701
Fax: (902) 585-1072
Email: Shawna.Peverill@acadiau.ca