The Dr. Wade Newman Award for Entrepreneurs has announced Laken W., a student at Duquesne University, as the recipient of its 2026 national award. Selected from a competitive pool of undergraduate applicants across the United States, Laken W. was recognized for an essay outlining an entrepreneurial venture that combines practical feasibility with a clear purpose to address community challenges.
Founded by Dr. Wade Newman, a dental professional, entrepreneur, and former Lieutenant Colonel in the Air National Guard, the award aims to support undergraduate student leaders who demonstrate vision, ethical leadership, and a commitment to community impact. In a statement, Dr. Newman said, "True entrepreneurship blends innovation with a distinct purpose to improve the lives of others. Laken W.'s submission perfectly embodies the drive, resilience, and problem-solving mindset we aimed to champion through this initiative."
The selection process involved a nationwide review of applicants from accredited colleges and universities. Each applicant submitted an essay responding 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." Entries were evaluated on creativity, strategic foresight, community value, and practical viability. Laken W.'s winning submission stood out for its detailed operational planning and potential for meaningful social impact.
The award provides a one-time financial grant to assist the winner with academic and venture-related expenses. By highlighting outstanding young innovators, the program seeks to cultivate a new generation of business leaders capable of creating lasting, positive change. The Dr. Wade Newman Award for Entrepreneurs is a national scholarship initiative inspired by Dr. Newman's values of service, integrity, and entrepreneurial excellence, supporting undergraduates who turn innovative concepts into impactful realities.
