Ohio College alumnus Steve Snyder has been awarded the 2021 Konneker Medal for Commercialization and Entrepreneurship.
The CEO of twenty first Century HealthCare, Snyder is a 1981 graduate of the Ohio College Faculty of Enterprise.
The Ohio College Basis established the Konneker Medal for Commercialization and Entrepreneurship to acknowledge present and former college members or college students who’ve demonstrated excellence in innovation, invention, commercialization and entrepreneurship. The award is known as in honor of Wilfred Konneker, an OHIO alumnus with a distinguished file in analysis and entrepreneurship.
“I’m extraordinarily honored and humbled to be acknowledged by Ohio College with this award,” Snyder stated.
After incomes his accounting diploma from OHIO, Snyder first went to work for Deloitte (previously Touche Ross in Columbus). In 1991, he used his data, expertise and entrepreneurship in founding a startup within the healthcare world. He additionally served as the one worker and sole proprietor.
“I began twenty first Century HealthCare with as a lot power and enthusiasm one has as a freshman on a Friday night on Court docket Avenue! I’ve such fond reminiscences from my 4 years at Ohio College, as I do over my 30 years of development and success at twenty first Century,” Snyder stated. “As one ages and displays, I really feel very blessed to share my story with others from OU and maybe give some encouragement to the subsequent technology of entrepreneurs.”
Right now, twenty first Century HealthCare has 500 staff and manufactures 5 billion doses of well being dietary supplements every year. In recognition of its excellent efforts, twenty first Century HealthCare earned a prime model designation by U.S. Information and World Report in 2020.
The corporate additionally publishes The Connection 21, a e-newsletter that’s stuffed with necessary info on manufacturing, occasions, non-profit and worker updates, and wellness ideas. As well as, twenty first Century HealthCare helps non-profit organizations such because the American Coronary heart Affiliation and Rady’s Kids’s Hospital.
Snyder is grateful for his experiences at Ohio College and stated the time administration abilities he discovered in school had been key to his skill to efficiently launch his enterprise.
“I used to be alone from day one at OU and actually imagine my lack of maturity beginning as a freshman and maturing by way of the years throughout my tenure at OU is a significant a part of my success,” he defined. “From my monetary accounting courses with James Cox to Enterprise Legislation courses with Arthur Marinelli, they challenged me to take it to the subsequent degree. I didn’t understand on the time, nevertheless it was the formation of a future entrepreneur.”
Right now in his work, he enjoys seeing youthful staff study new abilities and develop inside his firm.
“I imagine you make most of your luck. Luck is a product of onerous work and preparation assembly alternative,” Snyder stated. “OU supplied the chance, however you will need to put together and work onerous to get pleasure from success. And failure can also be part of development. I get to see the complete cycle with our new and youthful staff. In reality, twenty first Century has a really prolific internship program, the place we now have had over a dozen school children from the state of Ohio be a part of us throughout the summer season break over time.”
Snyder will obtain the Konneker Medal on the annual Inventors Dinner, which shall be held in April.
“Because the recipient of this 12 months’s Konneker Medal for Commercialization and Entrepreneurship, Steve Snyder is an impressive instance of Ohio College’s ambitions to place data to work for the advantage of humanity,” stated Joseph Shields, vp for analysis and inventive exercise and dean of the Graduate Faculty. “Following within the footsteps of distinguished alumni like Wilfred Konneker, Steve Snyder has achieved notable success as an entrepreneur and serves as an necessary position mannequin for our present college students and college.”
For extra info on the Konneker Medal and previous recipients, please go to the Konneker Medal web site.