Utah Valley University business student entrepreneurs Dallas Robinson and Mike Buonomo, who started their growing lip-balm company Kisstixx with a small business loan, shared their story in a video for the National Small Business Week Video Contest and were one of the four winners selected by the U.S. Small Business Administration.
As featured in their contest video, it all started with a $50,000 small business loan and support from the University, including mentoring from Woodbury School of Business faculty, the Entrepreneurship Institute, the Small Business Development Center and fellow UVU students, who helped create Kisstixxâ€™s logo, packaging and initial website.
After securing a $200,000 investment from media mogul and Dallas Mavericks owner Mark Cuban on the popular TV show â€œShark Tankâ€ in March, the company has been concentrating on developing international markets for its innovative lip balm, which includes two sticks of complementary flavors that mix and react when two people kiss.
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