As reported by the Toy Industry Association (TIA), speakers at this year’s Fall Toy Preview include Mark Cuban, the Dallas Mavericks owner and billionaire investor from the hit TV show, Shark Tank. He will deliver his address at the Women in Toys Empowerment Day, a mentoring and networking event for female business owners taking place on October 5, the day before Fall Toy Preview officially opens its doors.
Alice Brooks, co-founder of Roominate, was named to the list of Forbes’ 30 Under 30 list in the manufacturing category. Brooks represents the only toy company in this category and was selected by a panel of judges, including Ted Duclos, Jenny Lawton, and John Nottingham.
While the 26-year-old got her masters in engineering at Stanford University, she started Roominate, which makes building toys for girls. Parts of the toy can be wired together to make windmills, merry-go-rounds, and elevators. The company hopes to inspire women to go into engineering and science. Mark Cuban and Lori Greiner invested $500,000 to share a 5 percent stake in the business when it appeared on the ABC show, Shark Tank.
Roominate is a line of wired building systems designed for young girls to promote creativity while designing their own structures with circuits, modular pieces, and universal joints.
As part of the Chicago Toy & Game Week, industry leaders from 18 countries gathered at the Chicago Field Museum of Natural History for the 5th Annual Toy and Game Inventors Awards, known as “The TAGIEs,” to honor the creators of some of the world’s best known playthings.
Nearly 400 industry movers-and-shakers gathered for the event, at which famed inventor Bruce Lund gave a keynote address after being introduced by a full-sized marching band. Kevin Harrington, chairman of As Seen On TV, Inc., and “Shark Investor” on the show Shark Tank was also in attendance to present the Young Inventor of the Year Award. [Read more...]