The Dr. Wade Newman Award for Entrepreneurs has announced Laken W., a student at Duquesne University, as the recipient of its 2026 national award. The selection followed an extensive review of undergraduate applicants from accredited colleges and universities across the United States.
Laken W. distinguished herself in a competitive pool of candidates by submitting an essay that detailed an innovative entrepreneurial venture designed to address key community challenges with purpose and practical feasibility. The award's selection committee evaluated entries based on creativity, strategic foresight, community value, and practical viability.
The national award was founded by Dr. Wade Newman, a respected dental professional, entrepreneur, and former Lieutenant Colonel in the Air National Guard. It aims to recognize and empower undergraduate student leaders who demonstrate vision, ethical leadership, and a commitment to community impact.
"True entrepreneurship blends innovation with a distinct purpose to improve the lives of others," said Dr. Wade Newman. "Laken W.'s submission perfectly embodies the drive, resilience, and problem-solving mindset we aimed to champion through this initiative. We are thrilled to award this recognition to a student whose vision reflects the highest standards of purposeful leadership."
Applicants in the 2026 cycle were required to respond to the prompt: "Describe an entrepreneurial idea or venture you are passionate about. Explain how this idea can make a positive difference in your community or industry, and discuss the challenges you may face and how you plan to overcome them." Laken W.'s winning submission stood out for its compelling combination of clear operational planning and meaningful social impact.
The Dr. Wade Newman Award for Entrepreneurs provides a one-time financial grant to assist the winner with academic and venture-related expenses. By highlighting outstanding young innovators like Laken W., the program aims to cultivate a new generation of business leaders capable of creating lasting, positive change in their fields.
This recognition underscores the growing importance of entrepreneurial education and community-focused innovation in higher education. For business leaders and industry observers, the award highlights the potential of young entrepreneurs to address pressing social challenges while building sustainable ventures. The emphasis on ethical leadership and practical feasibility in the selection criteria reflects a broader trend in entrepreneurship that values purpose-driven business models.
The award also serves as a reminder of the role that mentorship and financial support play in nurturing early-stage entrepreneurial talent. As the program continues to spotlight emerging leaders, it contributes to a pipeline of innovators who may shape the future of business and technology.
