The April 2012 Final Business Plan Competition grand prize of $30,000 was won by FACTbase, a team developing technology that will improve microfossil identification to save the oil industry time and money. Three other teams also received cash awards at the event: Plate Technologies won $14,000, Sneakers for Success won three prizes totaling $8,250 and Sweet Seat received $8,000.
The prior round Executive Summary & Elevator Pitch Competition, held in December of 2011 resulted in numerous prizes. Four teams won $1,750 each KinVi, Plate Technologies, RDS, and SMASH. Six teams each won $500: Cozy Solar Solutions, FactBase, ReNano, Skiandridecheap.com; Sneakers for Success; and Sweet Seat.
We also launched a new event – the MinutePitch – which was held in both the fall and spring semesters. Here are the results: Fall 2011 winners were FactBase $1,000; Soda Solar $750; Sneakers for Success $500; MinuteTix $250; SocialPlanIt $100. Spring 2012 winners were Joya Bride $1,000; Campus Convenience $750; Carbon Scrubbers $750.
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