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Pioneer of China NewCo model sued in US over trade secret misuse, double-dealing
A legal feud unfolding in New York is putting a spotlight on the work of a business development veteran who is credited for pioneering one of biopharma’s hottest dealmaking mechanism: the China “NewCo” model. In a lawsuit originally filed in New York state court and recently moved to federal court, China’s Lepu Medical Technology has alleged that biopharma business development consultant Su Zhang, who was hired to help shop its GLP-1 weight-loss candidates to Western partners, engaged in corporate double-dealing and trade secret leaks. According to the complaint, while acting as Lepu’s primary dealmaking liaison for a group of obesity and metabolic disease drug candidates, Zhang was secretly double-dipping as the acting chief business officer for a direct competitor, BrightGene Pharmaceutical. “She never adequately disclosed the role, never sought Lepu’s consent, and never proposed any safeguard,” Lepu alleged in its complaint, which was filed in July after Zhang’s consulting firm, CoDevCo, sought certain transaction-based success fees from its angry customer through an arbitration process in Singapore. Lepu, the parent company of Lepu Biopharma, has asked Zhang to pay back its $500,000 retainer and disgorge all benefits she received during the alleged breaches of fiduciary duty, plus other damages and relief. The company has also requested the court grant injunctions to protect Lepu’s trade secrets. The ill-fated partnership officially kicked off in December 2024, when Lepu tapped CoDevCo as its “exclusive business development mechanism” to identify collaborators for the company’s drug candidates. According to Lepu’s complaint, Zhang personally negotiated and signed the agreement as managing director for CoDevCo, which used her home address. Before the Lepu deal, Zhang made a name following a short stint as the global head of business development for Hengrui Pharmaceuticals. It was during her tenure that Hengrui signed a landmark deal granting exclusive rights for a portfolio of GLP-1 assets to Hercules, which was at that time newly established by a group of private equity and venture capital firms. In addition to the regular upfront and milestone payments, Hengrui also gained an equity stake in Hercules, which later became Kailera Therapeutics. The Hengrui-Hercules deal opened a new paradigm, where a Chinese biopharma company spins off certain early-stage assets to investors for further development through the creation of a new company abroad. The “NewCo” model quickly came into vogue as it allows Western investors to access high-potential assets originating from China at an early stage while giving the Chinese licensors an opportunity to reap long-term benefits through equity stakes in the new firms. The NewCo model proved its value when Kailera staged a record-breaking $625 million IPO on Nasdaq this April, merely two years into the Hengrui deal. Related Kailera CEO 'knew we were in a good spot' before obesity biotech's record-breaking $625M IPO On her LinkedIn page, Zhang described her work at Hengrui as “[b]uilding team and capability from the ground up,” forming NewCo and major pharma partnerships worth billions of dollars. Lepu clearly wanted that kind of track record to help boost its own cardiometabolic portfolio, which includes a range of assets for obesity, Type 2 diabetes, fatty liver disease and muscle preservation during weight loss treatment. “Lepu’s pipeline is very valuable, but only if Lepu could secure the right international partner to expand into the overseas market during the available commercial window,” the company argued in its complaint. The Chinese biotech said it had little knowledge of U.S. laws, customs or business practices in the business development field, and therefore “needed to rely entirely” on the expertise of Zhang and her team as the firm’s first engagement of a U.S.-based BD consultant. “Zhang’s dominating influence on the business development strategy is further evidenced by the fact that she personally controlled the business-development communications on behalf of Lepu with potential partners,” Lepu said in its complaint. After entering the deal, Zhang introduced Lepu to her four associates. According to Lepu’s version of events, all of them were allegedly employed at different time points to perform similar jobs at other Chinese companies that Lepu described as its competitors, while having access to Lepu’s confidential information. As such, Lepu described Zhang’s team as “a roster of individuals whose primary professional loyalty, by virtue of their concurrent full-time employment, ran to Lepu’s competitors.” As well as the specific examples set out in the case, a look at Lepu’s deals over the period suggests Zhang may have been involved in at least one transaction. During their partnership, Lepu, through its subsidiary Shanghai Minwei Biotechnology, also out-licensed its GLP-1/GIP/FGF21 agonist MWN105 to a NewCo called Sidera Bio in the fall of 2025. The deal included an upfront and near-term payment of $35 million, up to $1.01 billion in milestones, and a 9.99% stake in the Danish startup. It seems likely that Zhang facilitated the Minwei deal given that Lepu is on record as having used CoDevCo as its “exclusive business development mechanism.” The big shock for Lepu came in the form of a news article on June 25, 2025. The article, reporting on phase 2 data for BrightGene’s GLP-1/GIP receptor agonist BGM0504, identified Zhang as acting chief business officer of the Lepu rival. Blindsided by her association with BrightGene, Lepu confronted Zhang in July 2025. “Lepu was given assurances that there was nothing to be concerned about and told that Zhang would explain the matter to Lepu,” Lepu alleged in its complaint. “Zhang never did.” Lepu claimed that Zhang had the motive and opportunity to steer potential prospective partners toward BrightGene or other competitors. Later, in February 2026, one of Zhang’s associates joined BrightGene as the vice president for global business development, according to the complaint. Around the same time, Lepu sent written demand letters asking Zhang to account for her BrightGene role, identify what confidential data were shared with the rival firm, and provide any conflict-of-interest or firewall policies during the engagement. According to Lepu, neither CoDevCo nor Zhang answered the questions in their responses. Related Novo vs. KBP: How a $1.3B deal turned into a fraud accusation and an international legal fight In a motion to dismiss filed with the U.S. District Court in the Eastern District of New York on Sept. 4, Zhang’s legal team argued that Lepu’s agreement was signed with CoDevCo, and that an employee of the contractor does not owe fiduciary duties to the client. In its complaint, Lepu said: “That CoDevCo was the contracting entity does not insulate Zhang from personal liability for duties she personally undertook and personally breached.” Taking the argument one step further, the defending party argued that the consulting agreement “does not create a fiduciary relationship even between CoDevCo and Lepu; instead, it identifies CoDevCo as an independent contractor retained to market Lepu’s business to potential western partners.” Although CoDevCo was Lepu’s exclusive business-development contractor, there were no terms stipulating that the consulting firm should serve only Lepu, Zhang’s lawyer noted. As to Lepu’s claims that Zhang misappropriated trade secrets, the defendant argued that Lepu authorized the use of the information so Zhang’s team could perform their service per the agreement. In a rebuttal filed on Sept. 11, Lepu’s lawyer set out why they believe the Chinese biotech satisfied New York law’s misappropriation definition by alleging that the defendant used a trade secret “in breach of a duty or through improper means.” As an alternative to dismissing the suit, the defendant suggested the action should be stayed pending outcomes from the arbitration of a separate case in Singapore. While NewCo pioneer Zhang is defending her business arrangements, momentum behind the NewCo trend has continued unabated into 2026. Through August, Chinese biotech assets have spurred 15 NewCo deals this year, according to local trade publication PharmaDJ.
UN Global Compact Network USA Annual Summit Convenes U.S. Business Leaders to Cultivate Innovation & Resiliency
/PRNewswire/ -- More than 140 leaders from U.S. companies and the United Nations gathered in New York City for the UN Global Compact Network USA Annual Summit,...
Dunlap calls for crackdown on price gougers
Dunlap said if he’s elected to Congress, he would support cracking down on companies that gouge consumers, push to add more food safety inspectors and vote to end the war in Iran to bring down oil prices.
CERN has begun disconnecting the Large Hadron Collider
CERN has started replacing some of the Large Hadron Collider’s most important magnets as part of its High-Luminosity upgrade. The new superconducting magnets will produce fields about 40% stronger, allowing particle beams to be squeezed more tightly before they collide. That should create far more collisions for the ATLAS and CMS experiments to analyze, giving physicists a much larger window into the fundamental workings of the universe.
This “rare” autism-linked genetic disorder may be far more common than scientists thought
A major analysis suggests Phelan-McDermid syndrome, a genetic disorder closely linked to autism, may affect about 1 in 7,300 people and more than 45,000 Americans. Researchers warn that thousands of cases may remain hidden because genetic testing is often not performed, even as targeted treatments move into clinical trials.
Why the U.S. Chamber Shows Up at UNGA: Connecting American Business to the World
Motorcades, boardrooms, and billion-dollar conversations: the U.S. Chamber of Commerce's Chief International Affairs Officer reflects on what the UN General Assembly really means for American business and global growth.
Earth is tearing apart beneath the Pacific Northwest
Scientists have captured a subduction zone off Vancouver Island in the process of tearing itself apart, revealing that these massive tectonic systems may die piece by piece rather than all at once. The discovery could help explain ancient plate fragments, volcanic activity, and how hidden breaks beneath Cascadia may influence future earthquakes.
Scouting the Enemy: Los Angeles Rams
The Denver Broncos host the Los Angeles Rams on Sunday Night Football. Here is a deeper look at their Week 3 opponent.
Brady unsatisfied with Bills' 2-0 start as Buffalo prepares to host Chargers
The Bills have hardly been perfect and their new-look defense has issues to sort after allowing 31 points and 24-plus first downs in each of its first two outings.
Bill Nye the Science Guy to speak at CU Boulder on Nov. 4
Tickets will go on sale on Oct. 6 and cost $5 for CU students, $10 for CU faculty and staff and $30 for the general public.
Bill Nye the Science Guy to speak at CU Boulder on Nov. 4
Tickets will go on sale on Oct. 6 and cost $5 for CU students, $10 for CU faculty and staff and $30 for the general public.
Hung parliament: who could form a coalition after the next general election?
A ‘mega poll’ from YouGov suggests parties could be scrambling to forge an alliance
Can the Left Make America Fun Again?
Hi friends, I’ve got a piece in The New York Times today about how collective joy — participatory, youthful, anti-corporate — can defeat Trumpism and transform our lives. The basic argument is that politics used to be embedded in communal life: dances, sports leagues, union halls. As that infrastructure disappeared — and more of everyday life was atomized and privatized — politics became something broadcast at people rather than something they did together. NYC-DSA and Zohran provide another model, where socials and face-to-face organizing are tied to a fight vs the corporations that fenced off so much of the good life. Rebuilding that kind of collective fun, I argue, could help bring young people back into politics and, by redistributing America’s wealth, make everyday life more joyful. I would super appreciate it if you’d read the piece, share it, or post comments on it. Thank you! p.s. FYI, Opinion writers don’t get any say over their headlines! More Take action to support the fight of licensed deck officers at Alaska Tanker Company and Overseas Shipholding Group to win a first union contract. This is one of the most important, and underreported, unionization campaigns in America: these workers have a huge amount of power over domestic energy distribution and maritime supply chains, and they’re still without a contract two years after having voted overwhelmingly to unionize. Please sign the public petition here, and if you’re an academic you can sign this support letter.
QB Bryce Young starting to flourish, put up big numbers in Panthers offense
His 648 passing yards are second only to New Orleans' Tyler Shough. The Panthers are finally looking like a formidable offense for the first time since the Cam Newton era.
No. 7 Ohio State faces Big Ten opener against Illinois
With three important October road tests on the horizon, Day is seeking more balance on offense
Rocket Lab downplays importance of NASA business as it pursues Mars mission protest
Even as Rocket Lab protests a NASA Mars contract, the company is downplaying the role the agency plays in its overall business.
Small Business Opportunity Week highlights help for DeKalb entrepreneurs
India’s ‘cockroach’ movement targets election chief in political pivot
The Gen Z group that forced out an education minister is demanding the election chief’s resignation over alleged voter roll irregularities.
Three Matchups That May Define Commanders Week Three vs. Seattle
The Washington Commanders will look to pull off the upset when they host the Seattle Seahawks for the 2026 home opener
How an entrepreneur followed what's trending to build an 8-figure business
Mike Burnett has had a nearly three-decade run an entrepreneur and small business owner. He unpacks the secrets to business longevity.
Flocco's began as a shoe repair shop in 1926. Here's how it's stayed in business in Conshohocken for 100 years.
From generation to generation, 'all of us learned at a very early age the proper way to run the store,' Vince Flocco Jr. says.
See how this Baton Rouge nonprofit connects area farmers with consumers
As Big River Economic & Agricultural Development Alliance celebrates its 30th anniversary, executive director Darlene Adams Rowland discusses the organization’s growth and work to support local farmers.
Third generation grows Perino's Home & Garden Center's 77-year-old business in Metairie
Perino's Home & Garden Center, a mainstay in Metairie for 70 years, is led by the third generation of the Perino family, a group of five daughters who continue to grow the business.
Why Germany Is Building an Ark for U.S. Climate Data
As researchers around the world begin work on the next U.N. climate assessment, fears are growing that the Trump administration could meddle with critical U.S. climate data.
Democrats weigh how to handle data center vote that could benefit a GOP foe
“They say they’re for more affordability,” embattled GOP Sen. Jon Husted said. “This is a chance for everybody to prove it.”
Leadership Is Measured by the Doors You Open
Leadership isn't measured by the title you hold or the deals you close. It's measured by the doors you open for others - especially for the next generation.
Visit Manchester, NH, names Jessica Martin as first executive director
Under Martin’s leadership, Visit Manchester will focus on building awareness of the city, encouraging people to discover what is already here, and creating opportunities for visitors to experience Manchester year-round
France XI vs Turkiye – Predicted lineup and team news
France and Turkey are set to face off in their first UEFA Nations League A match on Friday, with the game taking place at the Turca Arac Muayene Kocaeli Stadium.France begins this campaign under the l...
New Pokemon TCG Premium Binders to Release Featuring Numbered...
Starting October 16th, Japan's Pokemon Centers will release a collection of nine Pokemon TCG binders themed after each generation -- with numbered card
Palmetto Sports Team sets scene for Clemson at Cal Football
WATCH: Palmetto Sports’ Carmine Gemei and Ella Grogan set the scene from Pebble Beach Golf Links to preview Clemson at Cal Football for an Atlantic Coast Conference matchup on the Pacific Coast.
Red Wings Rubbing Opponents the Wrong Way
The Red Wings opened up their preseason home schedule with a bang, beating out the Buffalo Sabres 2-3 with an […]
How Healthy Are Persimmons?
Persimmons come in many varieties, all with several healthy nutrients. A dietitian explains their benefits and what you may expect when you eat one.
Explosive Intensification for Hurricane Polo
Several ingredients came together off the Pacific coast of Mexico to generate one of the strongest storms the eastern Pacific basin has ever seen.
Pandas and Eagles and A.I., Oh My! Trump Throws a State Dinner for Xi
Altman. Musk. Huang. Bezos. They all came to the White House Thursday night, though you might not have seen it on TV.
Instant analysis of Packers' home opener loss to the Falcons
Instant analysis of the Packers' primetime loss to the Falcons to open Week 3.
Thai court case risks election rerun and renewed political turmoil
An adverse ruling could force Thailand back to the polls within months, ending a period of unusual political stability.
Default Enablement of Copilot Features for Copilot Business and Enterprise
We’re introducing a new global default policy for generally available GitHub Copilot features and supported client capabilities in enterprise and organization Copilot settings. For the next 28 days, you can…
Rob Pelinka Confirms Luka Doncic Influenced Offseason Moves
The Los Angeles Lakers have put their full trust in Luka Doncic as the face of the franchise. General Manager Rob Pelinka confirmed that Doncic was strongly involved into the decisions he made to build a team around the All-NBA superstar. Moves like adding center Walker Kessler and extending Austin Reaves to a long-term contract […] The post Rob Pelinka Confirms Luka Doncic Influenced Offseason Moves appeared first on HEAVY.
Ballad Health hosts open house at Bristol Regional Medical Center
BRISTOL, Tenn. (WJHL) — Ballad Health held an open house Thursday at Bristol Regional Medical Center, and officials talked about the Boone McCrary scholarship two years after Hurricane Helene. McCr…
Dodgers on Deck: Friday, September 25 at Giants
The Dodgers have one more regular season series to go, battling the San Francisco Giants for three games beginning Friday night at Oracle Park up north. Tarik Skubal will make his final regular season start in the series opener, and his 10th since the Dodgers acquired him on August 2 from the Detroit Tigers. Skubal […]
Des Moines University Medicine and Health Sciences Launches Doctor of
WEST DES MOINES, IOWA (September 24, 2026) — Des Moines University Medicine and Health Sciences has opened applications for its new Doctor of Medical Science program — the first of its kind in
Political Connections Florida September 24 2026
Political Connections airs each weeknight at 7 p.m. on Spectrum News.
Campaign finance complaint against Let’s Go Washington dismissed
The conservative political committee is backing three initiatives that voters will consider in November’s general election.
Most Fundable Companies Competition at Pepperdine Graziadio Business School Celebrates Another Year of Innovation
Held at the University’s Malibu campus, entrepreneurs, investors, and educators from across all 50 states participated in the event, with winners selected by a distinguished panel of investors, venture advisors, and Pepperdine faculty.
Wisconsin joins multistate push for federal AI safety rules
MADISON (WKOW) — A bipartisan coalition of 28 state attorneys general, including Wisconsin AG Josh Kaul, is urging Congress to immediately establish federal regulation and safety protocols for artificial intelligence.
2nd Congressional District: Republican Kelley Dennison
The political newcomer, 27, said she wants more people from her generation, Gen Z, to join the political conversation.
Darrell Waltrip’s Former Colleague Sends Well Wishes After Sad Health Update
Larry McReynolds, who once stood alongside Darrell Waltrip in the NASCAR on FOX broadcast booth for nearly two decades, is sending his former colleague well wishes after an unfortunate health update.On Wednesday, it was revealed that Waltrip has been diagnosed with Frontotemporal Degeneration (FTD) complicated by possible Chronic Traumatic Encephalopathy (CTE). Waltrip’s family believes it […] The post Darrell Waltrip’s Former Colleague Sends Well Wishes After Sad Health Update appeared first on
Open AI attacked Australia’s health system – and then doubled down on its negligence. The time for ‘wait and see’ is over
Human hackers face serious consequences, and so must AI companies. There is no excuse for what happened
The Empire Forum to unite retina science, industry, and investment
First-ever Empire Retina Forum to convene for one day only in NYC this fall.
Mexico promotes a community tourism model strengthened by knowledge
UNESCO continues to support Mexican authorities and communities in transforming the tourism paradigm for sustainable development.
Lawmakers introduce bill to create federal film tax credit
A bipartisan group of lawmakers are proposing a 20% federal film tax credit
Lawmakers introduce bill to create federal film tax credit
A bipartisan group of lawmakers are proposing a 20% federal film tax credit
Lawmakers introduce bill to create federal film tax credit
A bipartisan group of lawmakers are proposing a 20% federal film tax credit
Community rallies for collective benefit agreement amid potential Allina, Sutter Health merger
CBA, Shen squaring off in midseason Class AA showdown
CBA (3-0) will travel to Shenendehowa (2-1) Friday night for a crucial Section 2 Class AA regular season meeting.
Packers' Javon Hargrave active for home opener
Hargrave had sat out the Packers’ 20-17 overtime victory over the New York Jets on Sunday while going through concussion protocol and dealing with a knee issue.
Ride Against Suicide raises awareness for mental health, suicide prevention
Volunteers are in the midst of a 4-day journey, biking across Wisconsin and Minnesota raising awareness for responders’ mental health.
Report: New York is number 1 in taxing, number 2 in spending
Report: New York collected just over $12,000 per person in “state and local taxes” for the 2024 fiscal year.
Report: New York is number 1 in taxing, number 2 in spending
Report: New York collected just over $12,000 per person in “state and local taxes” for the 2024 fiscal year.
At least 30 arrested, including actors, politicians during anti-Netanyahu protest outside UN
Police arrested at least 30 people, including actors and politicians, during a protest outside the United Nations headquarters on Thursday against Israeli Prime Minister Benjamin Netanyahu, hours before he addressed the UN General Assembly.
State and federal barriers complicate homeless outreach in New York
Providers and outreach organizations do much of the work on the ground, but government resources remain a key part of those efforts.
State and federal barriers complicate homeless outreach in New York
Providers and outreach organizations do much of the work on the ground, but government resources remain a key part of those efforts.
Montana State Employee Health Plan Costs Change Under New Union Agreement
The State of Montana Benefit Plan faces rising medical and prescription drug costs. The state says its self-funded plan is expected to see nearly double-digit h
Jewish community divided on Israeli PM Netanyahu's appearance at U.N.
People stood and sat in the street, linked arms and blocked traffic.
Warren County Health Department distributes free Narcan for National Save a Life Day
Warren County health department spreads Narcan awareness.
Governor Stein Announces $5 Million to Strengthen Small Businesses in Western North Carolina
(RALEIGH) Today in Lansing, Governor Stein announced $5 million in new infrastructure grants to support small business recovery in western North Carolina through the Small Business Infrastructure Grant Program. Two years since Hurricane Helene struck western North Carolina, Governor Stein continues to advocate for a $10 billion appropriation from Congress to support the next phase …
Police arrest actors, politicians protesting against Netanyahu outside UN
Police arrested at least 30 people including actors and politicians as they protested outside United Nations headquarters on Thursday against Israeli Prime Minister Benjamin Netanyahu ahead of his speech at the General Assembly.
Bill seeks to restrict development of artificial superintelligence
The bill would ban artificial superintelligence, which it defines as AI models with cognitive capabilities that surpass those of humans and have the ability to destroy humanity.
Oregon students edge up in math, science and English proficiency but still lag far behind scores of a decade ago
In dozens of school districts, parents have opted their children out of federally mandated tests at rates…
From advocacy to action: Creating a culture of mental health awareness
By Abigail Rodriguez Suicide is the second-leading cause of death among college students and one of the top 10 leading causes of death in the United States. Every semester,
Rangers finish home slate with 3-1 win over Mets
Texas (79-80) stopped a three-game losing streak and moved a half-game ahead of Houston, which played Thursday night at the Athletics.
Medicare Beneficiaries with Multiple and Complex Health Needs Face Challenges
New KFF polling focuses on the health care access and affordability challenges among adults with multiple or complex health conditions, including older Medicare beneficiaries. The results suggest important opportunities for policymakers to strengthen Medicare access and affordability. Medicare Beneficiaries Often Have High Health Needs Many Medicare enrollees have multiple or serious health conditions. More than […]
New York sues prediction market Polymarket
The lawsuit is the latest legal challenge to rein in betting apps.
OKC small-business owners share lessons from the front lines
Small business owners in Oklahoma City gathered at Commonplace Books to discuss challenges and community support in local entrepreneurship.
15 early October Prime Day tech deals, hand-picked by experts
These early deals erase some of the price hikes we've seen amid the RAM crisis. They're so good, we'd add them to our own carts.
MACo Members Can Access Free Amazon Business Prime
Through MACo’s partnership with Amazon Business, members can access complimentary Business Prime benefits designed to help streamline purchasing and save
Sophomore snags Vol Court business prize
Sophomore marketing major Kendra Mueller won this semester’s Vol Court competition on Sept. 16, scoring more points than 22 others in the friendly, fast-paced event. Vol Court is a competition sponsored by the Anderson Center for Entrepreneurship and Innovation in the Haslam College of Business. Executive director Breanna Hale said the purpose is to get...
Netanyahu says Mamdani endangers Jewish New Yorkers
The mayor has encouraged the federal government to arrest Netanyahu.
Iranian president claims Mojtaba Khamenei is in good health, able to govern
Iranian President Masoud Pezeshkian discusses Supreme Leader Mojtaba Khamenei’s health and his conversations with him on ‘Special Report.’
Science Museum will preserve 130 acres on the St. Croix River
Advocates say the move will permanently protect land surrounding a research station while inspiring future generations of scientists and artists.
Bills TE Kincaid is once again pulling his weight in production
The fourth-year player is leading the Bills (2-0) with 12 catches and is third in the NFL with 225 yards receiving.
Sabres defenseman Mattias Samuelsson is listed as week to week
Buffalo could be down another blue liner with Olen Zellweger placed in the concussion protocol
(LKL) ROCKET FUEL FOR STORMS: THE SCIENCE BEHIND EL NINO
Hurricane Polo weakened to a strong Category 4 off Mexico’s Pacific coast after undergoing extreme rapid intensification and hitting rare Category 5 status on Tuesday. Its rapid growth was due
(LKL) ROCKET FUEL FOR STORMS: THE SCIENCE BEHIND EL NINO
Hurricane Polo weakened to a strong Category 4 off Mexico’s Pacific coast after undergoing extreme rapid intensification and hitting rare Category 5 status on Tuesday. Its rapid growth was due
Intense Media Pressure an Emerging Challenge in CHO Business
Growing culture media requirements are becoming a major logistical and storage challenge for biopharmaceutical manufacturers.
First in entrepreneurial excellence: FSU celebrates local businesses at inaugural Impact Awards Gala
The Entrepreneurial Impact Awards Gala provided a formal night out for Fayetteville’s business community. The event took place at the Rudolph Jones Student Center on Thursday, Sept. 10. Photo by GFBJ. Fayetteville State University (FSU) and the Fayetteville-Cumberland Regional Entrepreneur and Business HUB (FSU HUB) came together to celebrate Fayetteville’s business community. The two organizations rolled out the blue carpet at the Rudolph Jones Student Center for their inaugural Entrepreneurial Impact Awards Gala held on Thursday, Sept. 10.The gala honored outstanding entrepreneurs and business leaders who demonstrate excellence, foster growth and inspire the next generation of innovators within the FSU and broader business community.FSU HUB Director Dr. Tamara Colvin was able to highlight that this new milestone was a great way to show local success stories, not just tell.“That one-stop shop that’s across the street, we never promised that everyone would be successful, but what we did promise was access. Four years ago, we opened up an entire ecosystem: counseling, capital, contracts, connections, certifications,” shared Colvin. “I want to thank the judges who took up hard work for choosing tonight’s honorees. That’s never an easy task when the whole region is full of people worth recognizing at the HUB. We practice what we preach: Res Non Verba: Deeds, not words.” A few of the inaugural recipients of the awards shared their statements with the Greater Fayetteville Business Journal.STUDENT ENTREPRENEUR Boolean Wiring LLC, Esean Rose, owner “I am truly honored and grateful to receive the Student Entrepreneur of the Year Award. I want to thank Fayetteville State University, the judges and everyone who has supported me throughout this journey. This award represents more than recognition for where Boolean Wiring is today. To me, it represents the potential of where we are going. I am excited about growing the company, creating jobs, serving our community and building something that can have an impact far beyond Fayetteville.”VETERAN-OWNED BUSINESS SpeediPrint Inc., Dazrell Fleming, owner “I’m honored to accept the Veteran-Owned Business Award on behalf of the entire SpeediPrint team. A special thank you to Dr. Tamara Colvin for creating this opportunity through the Entrepreneurial Impact Awards, and to my mentor, Mr. Julius Cook, whose guidance during the Boots to Business program truly paid off. This recognition reflects the hard work of my staff and the trust our customers place in us every day — I’m grateful to serve this community and excited for what’s ahead.”MULTI-GENERATIONAL EXCELLENCE BJL Construction, Cleopatrice Robinson, president“This award is especially meaningful because we are more than a business — we are the continuation of a family legacy built through faith, hard work, craftsmanship, integrity and service. I gratefully acknowledge my grandfather, Deacon Benjamin “BJ” Lacy, Jr., whose example helped establish the foundation upon which our family’s entrepreneurial legacy was built. I also honor my father, the late Dr. Wilson Lacy, former president of BJL Construction. Working alongside him was both an opportunity and an education. He taught me that a business’s reputation had to be earned on every project through honesty, excellence, quality and service. As the current president, I recognize that I did not arrive at this moment alone. I stand on the shoulders of those who came before me, and I am sustained by those who continue to walk beside me.”MICRO BUSINESS Maybridge Development, LLC, Latisha Perkins, owner “I accept this award with so much pride and a whole lot of gratitude. First and foremost, I want to thank my higher power for continuing to guide me and give me the strength to keep going.When I first started this business and moved here to Fayetteville, I had no clue what I was getting myself into. This business has turned me every which way but loose, and I definitely had some moments where I was ready to just pack it up and head back to Georgia. I want to thank my Maybridge team, my village, The Hub, the FCEDC team and all the people and organizations here in Fayetteville who have believed in me and Maybridge and helped us get here.”COMMUNITY IMPACT Greater Life of Fayetteville, Georgeanna Pinckney, CEO & executive director “We are deeply honored to be recognized by FSU and the FSU HUB with the Community Impact Award presented to Greater Life of Fayetteville. I am especially grateful for this recognition because it tells us that you see what we do – and, more importantly, why we do what we do. Our commitment is to serve, empower and create meaningful opportunities for youth and families in our community. Most importantly, we give God first and foremost all the glory. We thank Him for giving us the wisdom, strength, vision and unity to continue doing this great work in our community.” SMALL BUSINESS OF THE YEAR Crowder Trucking LLC, Carlos & Valerie Morrison Crowder, owners “I want to thank God for always keeping his hands on Crowder Trucking. I’m truly honored and grateful to receive the Small Business Award from the FSU HUB. Running a small business is not always easy. There are long days, difficult decisions, unexpected challenges and plenty of moments when you have to remind yourself why you started. But there are also incredible moments like this one that remind you that the hard work is worth it,” shared Valerie Morrison Crowder.OTHER WINNERS INCLUDE: Alumni Entrepreneur - The Two-Six Project, Grant Bennett, founder and president Fayetteville State University Faculty Award - Dr. Christy Swinson Emerging Business Award - Genuine Luxury Beauty Salon Legacy Award - Gillis Farms Inc. Industry Titan of the Year - Eaton Corporation Entrepreneur of the Year- Let Me Cater to You, Chef Judith Cage, owner
Googlebook laptops are already selling out just days after pre-orders opened
Google's online store has already sold out of Googlebook pre-order stock in the US, but you can still order through Best Buy.
ICYMI: Highlights from Farm Science Review
It was a wet week for the 2026 Farm Science Review, but that didn't stop farmers and agriculture enthusiasts to make their way to the Molly Caren Ag Center to check out all of the new technologies and ideas that lie ahead for agriculture. We visited with several of the exhibitors throughout the week
TDI Launches Transparency Tool to Track Home Insurance Decisions
The Texas Department of Insurance (TDI) launched a new webpage that gives Texans insight into why home insurance companies decline, cancel, or don’t renew certain policies by ZIP code.
Attorney General Marshall Urges Congress to Add Women's Sports Protections to College Sports Bill
For Immediate Release:September 24, 2026
Lucas Bergvall Addresses Tottenham Exit Speculation After Signing New Contract
Lucas Bergvall has explained his decision to renew with Tottenham, addressing summer transfer speculation and his talks with the club over his future.
‘I didn’t notice any tangible benefits from the union’
Opinion, comment and editorials of the day
ROCKET FUEL FOR STORMS: THE SCIENCE BEHIND EL NINO
Hurricane Polo weakened to a strong Category 4 off Mexico’s Pacific coast after undergoing extreme rapid intensification and hitting rare Category 5 status on Tuesday. Its rapid growth was due
ROCKET FUEL FOR STORMS: THE SCIENCE BEHIND EL NINO
Hurricane Polo weakened to a strong Category 4 off Mexico’s Pacific coast after undergoing extreme rapid intensification and hitting rare Category 5 status on Tuesday. Its rapid growth was due
ROCKET FUEL FOR STORMS: THE SCIENCE BEHIND EL NINO
Hurricane Polo weakened to a strong Category 4 off Mexico’s Pacific coast after undergoing extreme rapid intensification and hitting rare Category 5 status on Tuesday. Its rapid growth was due
Arc Raiders is Finally Testing a PvE Mode
It's been a long time coming. But don't get too excited, as it may not be here to stay.
Netanyahu says attacking Iran was ‘one of the easiest decisions’ he’s ever made
He denounced as “moral cowards” a mass of delegates who walked out of the U.N. General Assembly when he took the podium to speak
Mercy Health to host breast cancer awareness Lunch & Learn Oct. 1
Mercy Health — Paducah will host a free community education event focused on breast cancer prevention, early detection and the latest advances in treatment in recognition of Breast Cancer Awareness
Netanyahu says attacking Iran was ‘one of the easiest decisions’ he’s ever made
He denounced as “moral cowards” a mass of delegates who walked out of the U.N. General Assembly when he took the podium to speak
Netanyahu says attacking Iran was ‘one of the easiest decisions’ he’s ever made
He denounced as “moral cowards” a mass of delegates who walked out of the U.N. General Assembly when he took the podium to speak