Klymit Wins 2008 BYU Business Plan Competition

Klymit http://www.klymit.com/ was named winner of Brigham Young University’s 2008 Business Plan Competition, taking home the grand prize of $50,000 in cash and in-kind services.

Since the beginning of the competition in October, Klymit distinguished itself from 45 other business plans. As one of the three finalists, the team presented its plan to a panel of venture capitalists and entrepreneurs during the competition’s final event earlier this month.

"Participating in the Business Plan Competition gave us the opportunity to define our company and solidify the necessary steps to be successful," says Ben Maughan, Klymit chief financial officer. "We were connected with great mentors who helped us identify the strengths and opportunities for this technology."

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