The winners were announced during a luncheon at the Clark Student Center at Midwestern State University today.
There were six finalists competing for $75,000 in cash and inkind prizes.
This year's winners are BioPure, a company that makes a product that aims to reduce hospital acquired infections, and Kangawear, which makes a wearable product that provides skin-to-skin contact between parents and child.
Jeff Nolen, president of BioPure, says, "It means everything. To a small business trying to get started in today's economy, in today's society, it means everything to have support from an organization like I.D.E.A. WF."
Carol Osborne-Crow, co-owner of Kangawear, says, "We're getting this thing rolling. We get our first order in tomorrow and we're in the patent process, so we're going to be using it for that."
The judge's choice winner was AHS Franchise, which also got a share of prize money.
This is the fifth year for the competition.
Of 12 winning companies, nine are still in operation.
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