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.
Founded by Dr. Wade Newman, a respected dental professional, entrepreneur, and former Lieutenant Colonel in the Air National Guard, the award recognizes 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 evaluated on an original essay responding to a prompt asking them to describe an entrepreneurial idea or venture they are passionate about, explain how it can make a positive difference in their community or industry, and discuss the challenges they may face and how they plan to overcome them. The panel judged entries based on creativity, strategic foresight, community value, and practical viability. Laken’s winning submission distinguished itself through a 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, 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 importance of entrepreneurship education that emphasizes social responsibility. As communities face complex challenges, initiatives like this award encourage students to develop solutions that are both innovative and grounded in ethical leadership. The recognition of Laken’s work not only celebrates her individual achievement but also serves as a model for other aspiring entrepreneurs who seek to align business success with community betterment.
For more information about the award and its mission, visit the official page at Dr. Wade Newman Award for Entrepreneurs.
