11th Annual Cupid's Cup Awarded To Javazen

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Entrepreneurship Competition Founded by Under Armour Founder and CEO Kevin Plank Recognizes Javazen for Leading the World of Coffee to a Healthier Place

Under Armour Founder and CEO Kevin Plank, in collaboration with his alma mater and Founding University Partner the University of Maryland, announced Javazen as the winner of the 2016 Cupid’s Cup Competition. The annual event, now in its 11th year, was held on campus at the University of Maryland in College Park. Javazen founders Eric Golman, Aaron Wallach, and Ryan Schueler took home the grand prize, which includes a cash prize of $75,000, in-kind services and guidance from top business leaders, and the prestigious Cupid’s Cup title. Javazen also received an additional $5,000 for winning the Audience Choice Award, which was selected by text voting from audience members.

The annual competition is inspired by Plank’s first entrepreneurial venture, selling roses on campus while a student at the University of Maryland. Cupid’s Cup strives to encourage interest in student entrepreneurship, open to undergraduate and graduate-level students at accredited colleges and universities as well as recent graduates of these institutions.

Joining Plank on the judge’s panel were Dan Gilbert, Founder & Chairman of Quicken Loans, Owner of the Cleveland Cavaliers, and Founder & Chairman of Rock Ventures; Wes Moore, Author of The Other Wes Moore, Founder & CEO of BridgeEdU, and host of Beyond Belief on the Oprah Winfrey Network; and Arianna Huffington, Editor-in-Chief of The Huffington Post and author of The Sleep Revolution.

The $20,000 second place prize was awarded to Laura D’Asaro and her company Six Foods, a startup that aims to normalize insect foods. The original $10,000 Best Entrepreneur Award was split into two $5,000 awards to recognize both Plova and MyBestBox for their passion and entrepreneurial spirit.

Rounding out the field of finalists were: Headbands of Hope of North Carolina State University, a company selling fashionable headbands and giving one additional headband for every purchase to a girl undergoing chemotherapy; and Wolf & Shepherd of University of Notre Dame, designing dress shoes to perform like running shoes by integrating foam technology into the heart of each sole.

For more information about the competition, please visit http://www.cupidscup.com

About Under Armour
Under Armour (NYSE: UA), the originator of performance footwear, apparel and equipment, revolutionized how athletes across the world dress. Designed to make all athletes better, the brand's innovative products are sold worldwide to athletes at all levels. The Under Armour Connected Fitness™ platform powers the world’s largest digital health and fitness community through a suite of applications: UA Record, MapMyFitness, Endomondo and MyFitnessPal. The Under Armour global headquarters is in Baltimore, Maryland. For further information, please visit the Company's website at http://www.uabiz.com.

About Plank Industries
Plank Industries is a privately-held company with diversified holdings in commercial real estate, hospitality, food and beverage, venture capital and thoroughbred horseracing, all under the Sagamore group of brands. The company is based in Baltimore, MD, USA. Under the leadership of Tom Geddes, CEO, Plank Industries serves as the family office and investment arm of Kevin A. Plank, founder, Chairman and CEO of Under Armour, Inc. (NYSE:UA).

About Plank Foundation for Entrepreneurship
The Plank Foundation for Entrepreneurship (PFE) is a non-profit subsidiary of Plank Industries dedicated to fostering the American spirit of entrepreneurship in a new generation. The signature platform of PFE is Cupid’s Cup, a nationwide competition with a ten-year history of identifying and supporting extraordinary young entrepreneurs. PFE also supports entrepreneurship through nonprofit programs and events in Baltimore, particularly at City Garage (http://www.citygarage.vc).

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Erin Wendell
Under Armour
+1 (704) 359-7088
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Danielle Bennings
Plank Industries
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