Mtech Press Releases
FOR IMMEDIATE RELEASE
April 6, 2010
Mtech Announces Finalists for the University of Maryland $75K Business Plan Competition
COLLEGE PARK, Md.—Mtech today announces nine finalists for the 2010 University of Maryland $75K Business Plan Competition.
The finalists, who competed among 18 semifinalists, were selected (three each) in the categories of high technology, biotechnology, and undergraduate students. Finalist entries, submitted as business plans, were reviewed by 14 independent judges based upon their value proposition, competitive advantage, target market, profit model, intellectual property, and clarity.
Finals will be held May 7, from 11 a.m. – 1 p.m., at the Kim Engineering Building as part of the University of Maryland Business Competitions Day. Finalists will present their technologies and ideas to the public and a panel of expert judges. An awards ceremony will immediately follow presentations.
Finalists for the 2010 University of Maryland $75K Business Plan Competition include:
High Technology Category
Judges who selected finalists include: Henry Ahn, Program Manager, Technology Funding Programs, Maryland Technology Development Corporation; Bill Bellows, serial entrepreneur and entrepreneurship instructor; Warren Citrin, Co-founder and Board Member, Gloto Corporation and Co-founder, Solipsys Corporation; Rob Cohen, formerly from Immersion Corporation; Christine Copple, President and CEO, Starise Ventures; Robb Doub, General Partner, New Markets Venture Partners; Craig Dye, Director of Venture Investments, Dingman Center for Entrepreneurship; Michael Gutch, Member, Life Sciences Team, H.I.G. Ventures; Joe Hernandez, CEO, Principio and Chairman, Prolias; Kiran Hebbar, Partner, Valhalla Partners; David Kirsch, Associate Professor of Management and Entrepreneurship in the Management & Organization Department at the University of Maryland Robert H. Smith School of Business; Brian Lipford, Partner, Key Technologies, Inc. and VP Strategic Development, Key Technologies; Karen Miller, Manager, BioEntrepreneur Resources Program, Maryland Biotechnology Center; and Charles Montague, Manager, Biotechnology Development Programs, Maryland Biotechnology Center.
Now in its tenth year, the competition is administered by the Maryland Technology Enterprise Institute (Mtech), an initiative of the A. James Clark School of Engineering. Previous winners include five multi-million dollar ventures; Inc. Magazine named two to the Inc. 500 list of the fastest growing companies in the U.S. in 2009.
The University of Maryland $75K Business Plan Competition promotes the commercialization of innovative ideas and university-created technologies by offering faculty and students prizes for the best new venture plans. The competition emphasizes learning through coaching and the experience of presenting ideas to an expert panel of judges.
For more information about the University of Maryland $75K Business Plan Competition, visit www.bpc.umd.edu.
About the Maryland Technology Enterprise Institute (Mtech) (www.mtech.umd.edu)
The mission of the Maryland Technology Enterprise Institute (Mtech) is tri-fold: educate the next generation of technology entrepreneurs; help entrepreneurs create successful technology-based ventures; and connect Maryland companies with university resources to help them succeed. Founded in 1983, Mtech has had a $19.6 billion cumulative impact on the Maryland economy through its programs. Mtech is a unit of the A. James Clark School of Engineering at the University of Maryland.
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