Middle Bit: Kinosol closes in on $35,000; Drake students name their top social media sites

The largest statewide startup competition in the United States has an Iowa-based company in the finals.

Kinosol—an Ames based company working to decrease global food waste—will be competing in the finals in the student division of the Minnesota Cup, according to a news release.

According to the release, Kinosol will have 12 minutes to give a presentation over their business followed by 12 minutes of questions from the review board. First place is awarded $35,000 and second place wins $5,000.

Kinosol will present on Sept. 19.

Over 1,300 ideas were submitted for this year’s competition. The Minnesota Cup has been held for 13 years.

Drake University students name top social media sites

First-year students at the School of Journalism and Mass Communication at Drake University said their top three social media networks are Youtbe, Snapchat and Instagram, according to a survey done by Drake University Professor Chris Snider.

According to a post on ChrisSniderdesign.com, those three platforms finished 1-2-3 in his annual survey; 71 students took the survey ranging from ages 17 to 19.

The survey asks students to rate social networking sites. This is the fifth year Snider has conducted the survey.

Youtube, Snpachat and Instagram have finished as the top three networks all five years.

1 Million Cups expands

The entrepreneurial events series 1 Million Cups has set a goal to expand to 500 communities by the end of 2018, according to a story in StartlandNews.com.

The Ewing Marion Kauffman Foundation started 1 Million Cups in Kansas City in 2012 and has spread to 140 communities across the nation since the endn of 2016, according to the story.

Des Moines was the first community 1 Million Cups expanded to.

What else happened…


FareHarbor quintuples Denver HQ while turning away venture funding – Denver Post


$50 million gift will name the Iowa State College of Business – IAstate.edu

Could Iowa land Amazon’s $5 billion HQ2 project? – The Des Moines Register

Iowa State names Eyles as Director of Pappajohn Center – Business Record


Target looks to hire 100,000 for holiday season – Star Tribune


Tips for overcoming experience gap, building a diverse workforce – startlandnews.com