Kailua business owner Kate Reimann won the Female Founder Veteran Small Business Award at the virtual Women Veterans Summit presented by the Virginia Department of Veterans Services on Friday, June 19. She takes home the grand prize, a $15,000 grant for her business, Rogue Wave.
A military spouse and mom of two, Reimann is the founder and CEO of Rogue Wave, making compostable beach toys using plastic made from plants, not petroleum. The idea struck while she and her family lived in Alexandria, Virginia, and became fully formed after they moved to Kailua, Hawaii, where she registered her business and began 3D printing prototypes. Her husband, a colonel in the US Air Force, is stationed at Hickam AFB.
Reimann's five-minute pitch was viewed and voted on by over 150 virtual attendees and judges nation-wide. The pitch competition was part of a two-month endeavor, which began with a 60 second video submission in April. Over 100 female veteran and military spouse entrepreneurs submitted, and Reimann was chosen as one of 12 semi-finalists. Those semi-finalists had 2 weeks to secure the top 3 finalist position based on popular votes.
Reimann moved from the bottom three to the top three within the two-week voting period for a shot at the grand prize $15,000 grant, sponsored by StreetShares Foundation and the Sam Adams Boston Brewing Company. Reimann gave her pitch at 5 am Hawaii time (11 am EST) in her living room, lit by lamplight, before the sun came up.
"It was such an honor to make it to the final three and truly humbling to know that people really believe in the Rogue Wave mission. I'm humbled and so, so excited for the future of this business," Reimann said.
The pitch centered on the destructive nature of conventional oil-based plastics and the need to re-envision our materials economy. Reimann intends to use the funds to promote the compostable beach toys and raise awareness on plant-based alternatives.
"The other two founders have really strong – and really important – businesses. But I think the results show that people are ready for alternatives and recognize the urgency of our situation – we need an alternative materials economy now."
Rogue Wave has started manufacturing and is taking pre-orders.
Rogue Wave makes certified compostable beach toys using plastic made from plants, not petroleum. Founder, Kate Reimann, military spouse and mom of two, was inspired to make better products using better materials after a day at the beach with her family – and she's not stopping at the beach.