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FRANKFORT, Ky. (April 15, 2014) – The Kentucky Cabinet for Economic Development awarded nearly $100,000 in prize money this past weekend to some of Kentucky’s most-promising college entrepreneurs.

The awards were announced during the seventh-annual Idea State U event, a two-day student competition that identifies and supports the next generation of Kentucky innovators and entrepreneurs. The event was conducted at the Lexington Center, in Lexington, April 11-12.

Image: http://www.lanereport.com/ - The Idea State U top award of $21,619 was presented to Trifecta Cooking Equipment, a graduate student team from the University of Louisville. Trifecta unveiled plans for its patented “FutureFry,” an energy-efficient deep fryer for restaurants. The FutureFry also uses less cooking oil and is easier to clean than a traditional deep fryer.