On Friday, May 6, 2016, the Beall Center for Entrepreneurship at The Paul Merage School of Business in partnership with UCI Applied Innovation hosted the 2016 Business Plan Competition at The Cove, home to UCI Applied Innovation and the epicenter of a growing innovation district in Orange County.
Community business leaders serving as judges awarded winners in numerous categories after a full day of pitches by 39 finalists out of an initial pool of more than 80 applicants. The top teams shared more than $100,000 in cash and in-kind prizes. The cash and in-kind prizes, which included such things as legal services and access to collaborative workspace, will help the teams continue to advance their business ideas.
The main track categories were Life Science, Consumer Products and IT/Web. Special prizes were also given for teams working in certain areas, including Tech Surge, for those working with UCI intellectual property; the Blum Center Award for Poverty Alleviation; and the School of Medicine Award, for those teams working with specific School of Medicine intellectual property.
Additionally, a track award was given to the overall most outstanding undergraduate business plan, and another track award was designated for the best business plan in the Pivot Program bracket, which consisted of all plans that did not advance to the finals. UCI Blackstone LaunchPad provided valuable one-one-one mentorship to teams who participated in the Pivot Program.
It is with great pleasure that we present to you the names of the teams and award recipients:
Award Track: Life Sciences/Clean Tech 1st Place, $10,000
Award Track: Tech Surge 1st Place, $5,000
Concept: EmbryLux proposed a device that screens the embryo before implantation to predict its chances of resulting in successful birth.
Team Members: Tiffany Chien, Yingkai Su, Thai Nguyen, Shin Fukazawa and Daniel Tran
Award Track: Tech Surge 2nd Place, $5,000
Concept: CARBO is a novel therapeutic robot designed to supplement autism spectrum disorder and attention deficit–hyperactivity disorder therapy at homes, classrooms and clinics.
Team Members: Pooja Raja, Rickesh Patel, Xuemei Zhang, Ahmed Khorshid and Ting-Shuo Chou
Negocios & Etc.
Award Track: Blum Center, $10,000
Concept: Negocios & Etc. is an online platform to connect business owners or decision-making employees and the right high-quality affordable consultancies, as well as a unique social network.
Team Members: Caroline Cypriano, Chamandeep Singh, Pravin Surana and Fabio Sato
Award Track: School of Medicine, $10,000
Concept: Sher Biomedical is a medical device company developing an implantable and replenishable cell reservoir system for the treatment of insulin-dependent diabetes.
Team Members: Rachel Gurlin, Avid Najdahmadi, Bhupinder Shergill, Jonathan Lakey and Elliot Botvinick
Award Track: Outstanding Undergrad, $1,000
Concept: BottleRocket is a clean-tech mobile app and service that provides household consumers with an easy way to earn money simply for recycling at home.
Team Members: Arthur Avetisov, Brian Leung, Eric Tam, Lisa Tran and Tina Mai
Maslow Construction Robots
Award Track: Pivot Program, $1,500
Concept: Maslow Construction Robots brings the cost of emergency housing down to revolutionary minimums by supplying automated 3D printing construction tools to developers. Maslow’s 3D printing equipment also grants architectural freedom and accuracy unseen by man-made construction.
Team Member: Andy Truong
Award Track: IT/Web 2nd Place, $5,000
Concept: Jam is an app that gives musicians an easy way to connect, jam together and form groups remotely.
Team Members: Emilio Miranda, Miguel Cabral and Jakob Jansson
Award Track: IT/Web 1st Place, $10,000
Concept: Dental Insights is a software designed to increase the accuracy and authenticity of submitted dental claims, reduce the workload of the dental insurance companies, improve the efficiency of the auditing team, and reduce fraud and abuse.
Team Members: Michael Bennett, Andy Fields and Vang Kou Khang
Award Track: Life Sciences/Clean Tech 2nd Place, $5,000
Concept: CeleriBio is a novel diagnostic device that can identify extremely low concentrations of pathogens at early stages of an infection with great accuracy and deliver results within a few hours rather than days as current standards do.
Team Members: Sean Freeman, Nikki Koe, Louai Labanieh, Binh Le and Sadaf Mirnia
Award Track: Consumer Track 2nd Place, $5,000
Concept: Curaflow is a mask designed to eliminate the problems associated obstructive sleep apnea in a more effective manner than traditional treatments.
Team Members: Jeffrey Chum, Josh Drum, Michael Shenk, Matthew Vasquez and Sam Pasin
Award Track: Consumer Track 1st Place, $10,000
Concept: FunBand is a secure wristband that uses LoRaTM technology to help parents keep track of their children.
Team Members: Rehema Feleke, Simon Loo and Cliff Wang
The 2016 Business Plan Competition was sponsored by the Beall Family Foundation, the UCI Blum Center for Poverty Alleviation, Microsemi, Stradling Attorneys at Law, Fish & Tsang Intellectual Property Law, Nguyen & Tarbet Patent Trademark Copyright Law, Iris Technology, Calit2 and the UCI School of Medicine.