{"id":119431,"date":"2021-04-13T12:20:49","date_gmt":"2021-04-13T16:20:49","guid":{"rendered":"https:\/\/www.ucf.edu\/news\/?p=119431"},"modified":"2021-04-13T18:32:53","modified_gmt":"2021-04-13T22:32:53","slug":"eco-friendly-activewear-wins-2021-ucf-joust-new-venture-competition","status":"publish","type":"post","link":"https:\/\/www.ucf.edu\/news\/eco-friendly-activewear-wins-2021-ucf-joust-new-venture-competition\/","title":{"rendered":"Eco-Friendly Activewear Wins 2021 UCF Joust New Venture Competition"},"content":{"rendered":"<p>When UCF <a href=\"https:\/\/www.ucf.edu\/degree\/materials-science-and-engineering-bs\/\">materials science and engineering<\/a> students Mason Mincey and Derek Saltzman became fed up with plastics and synthetic fibers in athletic wear, they developed an entirely new fabric to solve the issue. The two students\u2019 environmentally friendly clothing material and their company, Soarce, earned the top prize at the Joust New Venture Competition, UCF\u2019s version of <em>Shark Tank<\/em>.<\/p>\n<p>Soarce bested three other student ventures on April 8 to take home a $12,000 check and more than $25,000 in essential business services.<\/p>\n<p>Mincey and Saltzman pitched Soarce to a panel of judges representing companies including Addition Financial, BBIF and Echelon Fitness Multimedia. The pair won the judges\u2019 favor with a business model that leverages the existing competitive landscape of the athletic apparel industry. Instead of manufacturing clothing themselves, Soarce envisions a \u201cfabric innovation platform\u201d that allows retailers to weave their new fiber into a variety of products made by other companies.<\/p>\n<p>\u201cSoarce is separating itself as an eco-friendly, high performance brand that is attacking a niche consumer base willing to pay a premium to be early adopters,\u201d says Saltzman, CEO of Soarce. \u201cWe envision other companies integrating our fabric into their clothing as an innovative way to manage body heat and moisture.\u201d<\/p>\n<figure id=\"attachment_119433\" style=\"max-width: 300px;\" class=\"figure float-left\"><noscript><img decoding=\"async\" width=\"300\" height=\"225\" class=\"figure-img  img-fluid w-100 wp-image-119433 size-medium\" src=\"https:\/\/www.ucf.edu\/news\/wp-content\/blogs.dir\/20\/files\/2021\/04\/Derek-Saltzman-and-Mason-Mincey-300x225.jpg\" alt=\"Derek Saltzman and Mason Mincey\" srcset=\"https:\/\/www.ucf.edu\/wp-content\/blogs.dir\/20\/files\/2021\/04\/Derek-Saltzman-and-Mason-Mincey-300x225.jpg 300w, https:\/\/www.ucf.edu\/wp-content\/blogs.dir\/20\/files\/2021\/04\/Derek-Saltzman-and-Mason-Mincey-360x270.jpg 360w, https:\/\/www.ucf.edu\/wp-content\/blogs.dir\/20\/files\/2021\/04\/Derek-Saltzman-and-Mason-Mincey.jpg 500w\" sizes=\"(max-width: 300px) 100vw, 300px\"><\/noscript><img decoding=\"async\" width=\"300\" height=\"225\" class=\"figure-img  img-fluid w-100 wp-image-119433 size-medium lazyload\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20viewBox%3D%220%200%20300%20225%22%3E%3C%2Fsvg%3E\" alt=\"Derek Saltzman and Mason Mincey\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20viewBox%3D%220%200%20300%20225%22%3E%3C%2Fsvg%3E 300w\" sizes=\"(max-width: 300px) 100vw, 300px\" data-srcset=\"https:\/\/www.ucf.edu\/wp-content\/blogs.dir\/20\/files\/2021\/04\/Derek-Saltzman-and-Mason-Mincey-300x225.jpg 300w, https:\/\/www.ucf.edu\/wp-content\/blogs.dir\/20\/files\/2021\/04\/Derek-Saltzman-and-Mason-Mincey-360x270.jpg 360w, https:\/\/www.ucf.edu\/wp-content\/blogs.dir\/20\/files\/2021\/04\/Derek-Saltzman-and-Mason-Mincey.jpg 500w\" data-src=\"https:\/\/www.ucf.edu\/news\/wp-content\/blogs.dir\/20\/files\/2021\/04\/Derek-Saltzman-and-Mason-Mincey-300x225.jpg\"><figcaption class=\"figure-caption\">Derek Saltzman and Mason Mincey took first prize at this year&#8217;s virtual Joust competition.<\/figcaption><\/figure>\n<p>Soarce aims to retrieve leftover plant matter from local suppliers and collaborate with a weaving partner to ship its proprietary fabric to athletic and industrial clothing manufacturers across the country. In addition to being eco-friendly, Mincey says Soarce\u2019s fabric regulates body heat in an entirely new way.<\/p>\n<p>\u201cMost garments rely on complex weave patterns or coatings that eventually wash away. Our new fabric regulates body heat on its own,&#8221; says Mincey, COO of Soarce. \u201cThis keeps you cool longer and makes our fabric perform better than cotton or synthetic blends used by most manufacturers.\u201d<\/p>\n<p>The Joust is UCF\u2019s premier startup showcase event presented by Echelon and features 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. This year\u2019s event marked the first time the Joust was held in a virtual setting, but the online format did not deter students from delivering some of the most impressive venture proposals in the history of the competition.<\/p>\n<p>\u201cIt has been a tough 12 months and I have never been as proud of a group of students as I am for this year\u2019s Joust competitors,\u201d says Associate Professor Cameron Ford, director of the UCF Center for Entrepreneurial Leadership. \u201cI\u2019m pleased that so many students have remained engaged at the Blackstone LaunchPad and in UCF\u2019s entrepreneurship community, particularly during such a trying time in the middle of a pandemic. The high-quality ideas and substance behind these ventures are simply off the charts.\u201d<\/p>\n<p><a href=\"https:\/\/www.ucf.edu\/degree\/management-msm\/\">Management<\/a> graduate student <strong>Marcos Crespo \u201919<\/strong> earned $7,000 as runner-up with his company Wallagio, which provides high-impact, removable interior wall decorations.<\/p>\n<p>Management graduate student Davis Helsby of Connecthedocks earned third place and $4,000 for his idea to build a multi-sided, online platform designed to serve as the Airbnb of dock rentals. Criminal justice major Kelly Shea earned $2,500 for her company Leaklock, which produces a small gadget to prevent pump-type bottles from spilling while in storage.<\/p>\n<p>The students\u2019 venture proposals were assessed by a panel of business executives representing a wide range of corporate partners, local businesses and alumni. This year\u2019s judges were <strong>Sean Hayes \u201995<\/strong>, chief marketing officer at Voloridge Investment; <strong>Laurette T. Koellner \u201977<\/strong>, corporate board member for Celestica Inc., Nucor Corporation, Papa John\u2019s International, Inc. and The Goodyear Tire &amp; Rubber Company; <strong>Lou Lentine \u201993<\/strong>, CEO for Echelon Fitness Multimedia LLC; <strong>Inez Long \u201998<\/strong>, president and CEO for BBIF, and Kevin Miller, president and CEO for Addition Financial.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The winning startup proposal in UCF\u2019s annual version of <em>Shark Tank<\/em> aims to eliminate plastics and synthetic fibers in athletic wear.<\/p>\n","protected":false},"author":98,"featured_media":119434,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"lazy_load_responsive_images_disabled":false,"footnotes":"","_links_to":"","_links_to_target":"","_wp_rev_ctl_limit":""},"categories":[4,5],"tags":[7309,13662,202],"tu_author":[],"class_list":["post-119431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-colleges","tag-college-of-business","tag-joust-new-venture-competition","tag-alumni"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Eco-Friendly Activewear Wins 2021 UCF Joust New Venture Competition | University of Central Florida News<\/title>\n<meta name=\"description\" content=\"The winning startup proposal in UCF\u2019s annual version of Shark Tank 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