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Business Plan Competition Winners Secure $400,000 on ABC's 'Shark Tank'

Lou Childs and her daughter Katy Mallory were 2nd place winners of the 2017 Business Plan Competition at Turner College for the invention of SlumberPod, a portable sleeping area for young children. The duo recently mastered of a business competition of a different kind, appearing on a Jan. 5 episode of ABC's "Shark Tank." On the show that features investors, or "sharks," listening to pitches from entrepreneurs, Childs and Mallory made a deal with investor Barbara Corcoran for a 20 percent stake in their business for $400,000.

Turner College is no stranger to the SlumberPod story; in addition to being a Business Plan Competition winner, Childs was a presenter during the spring 2019 Executive Speaker Series. She talked about co-founding SlumberPod, which has reportedly reached over $2 million in sales since 2016. You can watch her presentation and other executive speakers on the T urner College Youtube Channel.

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