Global Student Entrepreneurship Challenge Grand Prize Winner Updates

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide. Annually VT KnowledgeWorks hosts a Global Partnership Event, which offers university students and faculty from all over the world a chance to collaborate, form partnerships, build their global networks, and congregate in Blacksburg and Roanoke, Virginia, USA. In conjunction with this event, a Global Student Entrepreneurship Challenge is offered where elite student teams present their business concepts before a live audience and judging panel for a $25,000 grand prize.

Read this update from our $25,000 Grand Prize Winners from the 2013, 2014, and 2015 Global Student Entrepreneurship Challenges!

$25,000 Grand Prize Winner in 2013
Auticiel, Télécom Ecole de Management, Evry, France
Sarah Cherruault, François Dupayrat

Auticiel is dedicated to help people with cognitive impairments be better included within society thanks to the use of well adapted digital solutions. Auticiel solutions are co-developed with a scientific committee of both medical and educational experts, as well as leading institutions and associations. The project has evolved from Autimo, a single-app meant to recognize emotions, to a company producing a whole suite of applications (AMIKEO Apps), which 80,000+ users have downloaded to date. Since 2015, Auticiel is transitioning from an app vendor to become a SaaS vendor, already providing to a hundred of specialized institutions and families a subscription-based solution packaged with a strong and secured tablet, AMIKEO, with access to all applications and many companion services. Auticiel is also experimenting its solutions on new segments, such as elderly people with cognitive deficiencies (like Alzheimer’s disease) in retirement homes. The Auticiel team has obtained many awards and press mention in Europe since 2014, and has been funded by Business Angels, grants and loans up to €500k. Auticiel is currently involved in a Series A round of €650k (2016 revenue over €300k). To learn more, contact [email protected].

$25,000 Grand Prize Winner in 2014
feelSpace, University of Trento, Trento, Italy
Leonardo Stenico, Galena Kostoska, Alberto Parrella, Julia Wache

In November 2015, the team formally founded feelSpace. To learn more about the company, you can visit their website at www.feelspace.de/navibelt. Julia Wache completed her Ph.D. in April 2016 and moved to Osnabrück, Germany to work full-time for feelSpace. They have a new prototype and are in the final stages of production before it goes to market and is available for sale by the end of summer 2016. In May, they launched a crowdfunding campaign through Indiegogo, which can be accessed at http://igg.me/at/feelspace-navibelt.

$25,000 Grand Prize Winner in 2015
Visionear, King Mongkut’s University of Technology Thonburi (KMUTT), Bangkok, Thailand
Nuntipat Narkthong, Budsapanee Pongsiriyaporn, Natthaphat Laoharawee, Gaywalee Laimloha

Two of the team members, Nuntipat and Budsapanee are continuing to work on Visionear, smart glasses for those who are visually impaired. Currently, Visionear is in the process of redesigning and preparing for mass production. The team expects product launch by fourth quarter of 2016. After the VTKW Global Partnership Week, Visionear received many awards and publicity in Thailand, Taiwan, and Singapore, and has fundraised $75,000 for product development and commercialization. They continue to expand their network with organizations for the visually impaired, as well as potential investors.

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VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles, access to timely, relevant information, and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

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