Duquesne University Student Named 2026 Recipient of Dr. Wade Newman Award for Entrepreneurs

The Dr. Wade Newman Award for Entrepreneurs has announced Laken W., a student at Duquesne University, as the recipient of the 2026 national award. The selection committee chose Laken from a competitive pool of undergraduate applicants from accredited colleges and universities across the United States, based on her exceptional essay detailing an innovative entrepreneurial venture designed to address key community challenges with purpose and practical feasibility.

The award, founded by Dr. Wade Newman, a respected dental professional, entrepreneur, and former Lieutenant Colonel in the Air National Guard, aims to recognize and empower undergraduate student leaders who demonstrate vision, ethical leadership, and a commitment to community impact. Dr. Newman emphasized the importance of blending innovation with purpose, stating, "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."

Applicants in the 2026 cycle were tasked with responding to an essay prompt asking them to describe an entrepreneurial idea or venture they are passionate about, explain how it could positively affect their community or industry, and discuss potential challenges and strategies for overcoming them. The judging panel evaluated entries on creativity, strategic foresight, community value, and practical viability. Laken's winning submission was distinguished by its 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, the program aims to cultivate a new generation of business leaders capable of creating lasting, positive change in their fields. This announcement underscores the growing emphasis on social entrepreneurship in higher education, where students are increasingly expected to apply business principles to solve pressing societal issues.

Dr. Newman's background as a dental professional and military veteran informs the award's focus on service and integrity. The initiative reflects a broader trend in scholarship programs that prioritize not only academic excellence but also real-world problem-solving and community engagement. As universities and employers increasingly value these skills, awards like this play a critical role in encouraging students to pursue ventures that combine profitability with social responsibility.

Laken's achievement serves as an inspiration to other undergraduate students, demonstrating that innovative ideas, when coupled with rigorous planning and a clear sense of purpose, can earn national recognition and support. The award also highlights the importance of mentorship and financial assistance in helping young entrepreneurs turn their visions into viable enterprises.