The Dr. Wade Newman Award for Entrepreneurs has announced Laken W., a student at Duquesne University, as the recipient of its 2026 national award. The selection followed an extensive review of undergraduate applicants from accredited colleges and universities across the United States.
Laken W. was chosen from a competitive pool for her exceptional essay detailing an innovative entrepreneurial venture designed to address key community challenges with purpose and practical feasibility. The award was founded by Dr. Wade Newman, a respected dental professional, entrepreneur, and former Lieutenant Colonel in the Air National Guard, to recognize and empower 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 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." The panel judged entries based on creativity, strategic foresight, community value, and practical viability. Laken W.'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 W., the program aims to cultivate a new generation of business leaders capable of creating lasting, positive change in their fields.
The award's focus on ethical leadership and community impact reflects Dr. Newman's own career, which spans dentistry, entrepreneurship, and military service. His background includes serving as a Lieutenant Colonel in the Air National Guard, and he has long been an advocate for integrating purpose-driven approaches into business education.
This year's selection process attracted applicants from across the nation, underscoring the growing interest among undergraduate students in ventures that combine innovation with social responsibility. The recognition of Laken W. highlights the importance of fostering entrepreneurial thinking that addresses real-world problems, a priority for many academic institutions and business leaders.
As the 2026 recipient, Laken W. will receive the financial grant to support her academic pursuits and the development of her proposed venture. The award also serves to inspire other students to consider how their own ideas can contribute to positive change in their communities and industries.
For more information about the Dr. Wade Newman Award for Entrepreneurs and its mission, interested parties can visit the official website at drwadenewmanaward.com.
