At just 14 years old, Rafaela Frota founded Wawwe, Inc. (We Are What We Eat) to achieve her dream of making people more easily aware of their nutritional needs and how they relate to their diet. Eight years later, armed with a business proposal and partnerships with three major health care networks, the UCF senior and her teammates Jarod Smith and Isaac Vaughn led Wawwe to the top prize at the Joust New Venture Competition, UCF’s version of Shark Tank. Wawwe beat out three other student businesses Thursday to take home a $12,000 check and more than $50,000 in essential business services.
“When it comes to nutrition, what to eat and what not to eat, many people are very lacking in awareness.” – Rafaela Frota, UCF student
In a similar fashion to NBC’s hit show Shark Tank, Frota pitched Wawwe, Inc., to a panel of judges representing companies such as Viatek Consumer Products Group, Darden Restaurants and Deloitte. In front of a crowd at the FAIRWINDS Alumni Center, Frota won over the judges with her company’s mobile app that provides meal, recipe and grocery recommendations tailored to each user’s dietary needs.
“When it comes to nutrition, what to eat and what not to eat, many people are very lacking in awareness,” says Frota, a photonic science and engineering major in her senior year. “The hope is that Wawwe can be a tool to help navigate that. Whether it’s a recent diagnosis or a dietary choice, people can use Wawwe as a tool to help find something to eat without having to do extensive research.”
Frota and her teammates plan to use the competition winnings to begin pilot studies and to expand on her company’s partnerships with health care providers and hospital networks. Wawwe has already secured a contract to begin testing the app with 500 hospital patients.
“I’m looking forward to taking advantage of the tremendous resources and network we have been given,” Frota says. “Having the traction and outreach that we’ve been able to build so far has been incredibly beneficial, and I’m excited to keep growing.”
The Joust is UCF’s premier startup showcase event presented by Viatek Consumer Products Group and featuring students of all majors. Competitors present their models for a viable business venture and compete to win money and other resources to pursue their venture. Lou Lentine ’93, president of Viatek Consumer Products Group and a UCF College of Business graduate, decided to partner with his alma mater to support the next generation of UCF entrepreneurs.
“I’m looking forward to taking advantage of the tremendous resources and network we have been given.” – Rafaela Frota, UCF student
“At Viatek, we’re always looking for exciting investments to make in entrepreneurship,” Lentine says. “Supporting UCF and events like the Joust opens the door for us to invest in student ventures and to connect students with a network of opportunities to facilitate their success.”
All four finalists in this year’s competition included elements of a social venture—a business idea that aims to incorporate business skills and techniques to solve societal problems. Cameron Ford, director of the UCF Center for Entrepreneurial Leadership, called this year’s Joust an incredibly close competition.
“I’m very excited by the strength of each of our competitors’ presentations, but also that two female-led venture proposals took home top honors,” Ford says. “It’s actually the first time a female-led technology venture has won the Joust.”
“[This year is] actually the first time a female-led technology venture has won the Joust.” – Cameron Ford, director of the UCF Center for Entrepreneurial Leadership
The Joust runners-up were Briana “Breezy” Baldwin and Eliecer Vera with Ridesurf, a company that aims to connect long-distance riders by allowing drivers to sell extra seats in their car to available riders. They took home $7,000.
David Thomas Moran ’14MFA and Nathan Selikoff ’04 earned third place and $4,000 for their company, Omnimodal. Omnimodal’s Mobilize navigation app captures real-time commuter data to help passengers better utilize public transportation. Brite and the team of Jake Hartigan, Alexandra Kalyuzhnaya and Alex Petukhov earned $2,500 for their fourth-place finish and their idea to help small investors crowdfund stock, equity and real estate projects.
The students’ venture proposals were assessed by a panel of business executives representing a wide range of corporate partners, local businesses and alumni. This year’s judges were Jessica Blume ’80, retired vice chairman and board member at Deloitte; Rick Cardenas ’92, CFO for Darden Restaurants; Lou Lentine ’93, president and founder of Viatek Consumer Products Group; Kevin Miller, president and CEO for Addition Financial, formerly known as CFE Federal Credit Union, and Rick Walsh ’77, ’83, ’14, president of Knob Hill Group.
The 2019 Joust New Venture Competition was presented by Viatek Consumer Products Group. Supporting sponsors included 321 The Agency, BDO, Blezoo, Burr & Forman, Microsoft, Nperspective LLC and South Street & Co.