Car restoration company wins New Venture Competition
By Alex Brown | Inside INdiana Business
Ivy Tech Community College Northeast has announced Kendall Riecken as the winner of its 2017 New Venture Competition. Riecken, founder of KR Designs, has been awarded $35,000 in startup capital.
Riecken's company specializes in car detailing, restoration, custom paint and collision repair and is currently operated out of his parents' garage. He says he plans to use a portion of his winnings to build a new space, which will be located between Fort Wayne and Auburn. He also plans to use the money for a paint booth and new equipment.
Riecken is a 2016 graduate of Ivy Tech's Fort Wayne campus. Riecken was one of three finalists who pitched their business plans to a panel of about 30 judges, who followed up with question-and-answer sessions.