UM $50K Business Plan Competition Winners Announced
Winners were chosen among nine finalist teams in three categories during an event on April 27. Each team gave investor presentations to a team of distinguished judges. Every team won prize money.
Faculty and Graduate Student Division
Young Alumni Division
Finalists were selected from 18 semifinalists, and nearly 60 initial entries.
Judges for the event were: Jonathan Aberman, Founder and Managing Director, Amplifier Venture Partners; Henry Ahn, Program Manager, Technology Funding Programs, Maryland Technology Development Corporation (TEDCO); Warren Citrin, CEO, Gloto; Ray Dizon, Managing Director, Maryland Venture Fund; Mark Kass, Member, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo; Karl Renner, Principal, Fish & Richardson P.C.
Sponsors for the competition included Fish & Richardson P.C.; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo; Maryland Department of Business and Economic Development; Maryland Technology Development Corporation.
The competition, now in its seventh year, has historically awarded a total of $385,000 in prizes to faculty, students and alumni with the best plans for innovative ventures. Previous winners include Chesapeake Perl, AnthroTronix, Squarespace, Affiliate Classroom, and RioRey (previously known as Macrophage).
For a complete list of winners, and more photos, please visit the UM $50K Business Plan Competition Web site, at http://www.bpc.umd.edu.
About MTECH Ventures (www.mtechventures.umd.edu)
April 30, 2007