Student Team from Chile Wins VT KnowledgeWorks Global Student Business Concept Challenge

Excerpt from Chilean team wins business concept contest by Jeff Sturgeon of The Roanoke Times:

Students from South America won $25,000 Thursday in Roanoke [Virginia] at a student business-concept contest, impressing a panel of judges with a concept for education software.

The students from Pontifical Catholic University in Santiago, Chile, pitched their concept for a company called Kimeltu, whose product enables educators to measure student performance.

They won the Global Student Business Concept Challenge, part of a weeklong celebration of student entrepreneurship put together by VT KnowledgeWorks, a business incubator at the Virginia Tech Corporate Research Center, and other private sponsors.

Two groups each won a $5,000 runner-up prize: Bio-Sense Diagnostics, from Kent, England, and OOHLALA Mobile, of Toronto.

While in Blacksburg, [Virginia], the teams were housed with local families, spent time at technology companies, met with Virginia Tech students and attended celebrations including the Tastes and Sounds of the Valleys Reception. The contest was held at the Dumas Center for Artistic & Cultural Development in Roanoke.

Last year's winner was an Irish company that wants to market an outdoor heater that burns wood pellets. Vincent Murray, an official at Ecosy, said he intends to launch the company in spring 2012.


Citizens of the New River and Roanoke Valleys of Virginia attended the second annual VT KnowledgeWorks Global Student Business Concept Challenge on Thursday, August 25, 2011 at the Dumas Center in Roanoke, Virginia. Julie Newman was Master of Ceremonies. The finalist teams presented their business concept presentations to a panel of business leaders and competed for the $25,000 cash prize and VT KnowledgeWorks Global Challenge Trophy.

Please read more about the VT KnowledgeWorks Global Student Business Concept Challenge on Inside VT KnowledgeWorks.

Sponsors of the VT KnowledgeWorks Global Partnership Week include: Allegheny Brokerage Company, Inc., CCS-Inc., Economic Development Authority of Montgomery County, VA, G.J. Hopkins Inc., Interactive Achievement, Inc., LeClairRyan, LewisGale Hospital – Montgomery, Newport News Shipbuilding, a Division of Huntington Ingalls Industries, Novozymes, Rackspace, Science Applications International Corporation (SAIC), StellarOne, TechLab, Third Security, The Branch Group Inc., VPT, Inc.

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