IUP Business Students Win New Venture Competition

Posted on 11/10/2017 8:40:41 AM

On November 3, 2017, IUP students Dillon Hagy and Tony Juhasz won the first prize of $5,000 at the inaugural Business of Humanity New Venture Competition held at the University of Pittsburgh. Dillon and Tony were among five final teams who competed in the championship round, vying with both undergraduate and MBA teams.  

University of Pittsburgh's Business of Humanity New Venture Competition Winners, IUP Students Tony Juhasz and Dillon Hagy November 3, 2017Their business is the American Philanthropic Apparel company. APA produces American-made apparel that promotes patriotism, unity, and pride. The proceeds from their sales benefit veterans in need. They are active in the Indiana region and planning to expand. Dillon and Tony’s goal is to expand to college campuses nationwide. They already have three campuses targeted for expansion this spring.

An Eberly College of Business and Information Technology entrepreneurship major, Dillon founded APA in fall 2016 with the intention of creating a business to give back to veterans. He serves as the organization’s president. When Dillon was setting up APA, he met Tony, who had just transferred to IUP and was looking for an organization to join. When Tony heard about APA, he reached out to Dillon immediately to join. He has been an eager partner from day one. Tony’s attitude earned him the position of vice president, and the two partners have worked together daily.

Dillon and Tony would like to thank the directors of the ExCeL Center, John Lipinski and Joette Wisnieski; the chair of the Journalism and Public Relations Department, Michele Papakie; and the director of the IUP Small Business Development Center, Tony Palamone, for their insight and support. Each helped to develop the presentation and support APA. Dillon also credits Wisnieski’s Social Entrepreneurship class and Lipinski’s Small Business Management class as invaluable resources for developing their business model. Dillon also noted that Michael Kosicek’s leadership class has been invaluable in helping him structure and establish APA.

The new venture competition was sponsored by the Business of Humanity Project, which seeks to improve decision-making in organizations. The principles of the Project posit that decisions made considering “humanity” and its two dimensions, “humaneness” and “human kind,” lead to superior economic performance. The Business of Humanity Project was conceived and established a decade ago at the University of Pittsburgh and has been active in Western Pennsylvania, Europe, and India.