Business Plan Competition Finalists Announced
For some the dream is now a well-crafted plan. For others, years of research are culminating in a commercial idea. Others are vetting ideas for future products.
They’re solving problems: how to reduce medical errors, how to dispose of aging satellites.
They’re offering cures: a smallpox treatment; rapid, nanotechnology-based wound healing; nanoparticles for better vaccine delivery; and small, wireless, wearable devices to monitor hospital patients’ vital signs.
They’re teaching: with an educational kit for Microelectromechanical Systems (MEMS) instruction, and a Web 2.0-like online learning community.
The nine finalists for the University of Maryland $50K Business Plan Competition will present their business plans to a distinguished judging panel comprised of the region’s entrepreneurial and technology leaders on April 27, at the University of Maryland.
The finalists are:
Faculty and Graduate Student Division
Young Alumni Division
Undergraduate Student Division
The University of Maryland $50K Business Plan Competition, now in its seventh year, promotes the commercialization of innovative ideas and University-created technologies by offering faculty, students, and alumni prizes for the best new venture plans. The Competition emphasizes learning by offering one-to-one coaching for finalists, as well as the experience of presenting ideas to an experienced panel of judges.
The Competition has historically awarded a total of $335,000 in prizes to faculty, students, and alumni to launch innovative new ventures. Companies active in the Competition have generated millions in revenues, grants and awards. Past winners include Chesapeake PERL Inc., AnthroTronix Inc., Affiliate Classroom, and Squarespace Inc.
For a complete listing of persons comprising each finalist team, please visit http://www.bpc.umd.edu.
MTECH Ventures provides entrepreneurship education to technology creators and delivers a portfolio of services and resources to bridge the gap between technical ideas and viable ventures.
March 28, 2007