2017 Winners of the VT KnowledgeWorks Global Student Entrepreneurship Challenge

 

VT Knowledgeworks Global Entrepreneurship Challenge 2017The Eighth Annual VT KnowledgeWorks Global Partnership Event held on August 17-26, 2017, provided a unique opportunity for student teams and faculty from all over the world a chance to collaborate and initiate their personal global networks through learning, socialization, and friendly competition in Blacksburg and Roanoke, Virginia, and Washington, D.C.  During this celebration of entrepreneurship, student teams from Australia, Austria, Belgium, Canada, Chile, Ecuador, Egypt, England, Italy, Mexico, Switzerland, Thailand, and the USA competed in the Global Student Entrepreneurship Challenge for a $25,000 grand prize and the VT KnowledgeWorks Global Challenge Trophy.

The grand prize of $25,000 was awarded to team Cohex of Adolfo Ibáñez University, Santiago, Chile, which included Maurizio Canessa, Luckas Fonck, and Josefa Villanueva.  Their prize package included the $10,000 Plastics One Advanced Manufacturing Award for the most outstanding tangible product. In addition to that, they were awarded another $15,000; and as a permanent tribute to their success, their name and university will be etched into the base of the Global Challenge Trophy.  Their winning concept was Cohex. Cohex is a system designed to keep the perfect humidity level during fruit exportation, helping to reduce loss and improve fruit quality. Cohex was also the 2017 VT KnowledgeWorks Global Challenge Virtual Preliminary winner, granting their team a spot in the Global Challenge August finals.

The $10,000 VT KnowledgeWorks Information Technology Award for the most outstanding intangible product went to Curos Labs of the University of British Columbia, Vancouver, Canada. Tristan Burgoyne and Alexander Toews represented their university. Curos Labs is on a mission to empower people with chronic pain. Their first product, CheckPoint, is a mobile wellness application offering a hassle-free alternative to traditional pain journals. In addition to streamlining the pain tracking process, CheckPoint leverages each user’s personal history of activities and behaviors to identify actionable changes for an improved quality of life.

The People’s Choice award of $5,000, sponsored by Virginia Tech’s Outreach and International Affairs, was selected by vote of the event attendees at the Global Student Entrepreneurship Challenge.  Nexenic of ZHAW Zurich University of Applied Sciences, Zurich, Switzerland, was the recipient of the People’s Choice. Nexenic strives to develop advanced and innovative solutions for daily life. Nexenic, represented by Astrid Besmer, Reto Muhl, and Claudio Ruiz Da Silva, is currently developing a smart lunchbox that will revolutionize the way people enjoy their meals.

The competition finals at The Inn at Virginia Tech and Skelton Conference Center on August 24, 2017, were part of a celebration of student entrepreneurship and their important contributions to the global economy. The day concluded with an awards banquet and flag presentation ceremony at The Inn at Virginia Tech and Skelton Conference Center where all teams were recognized for their important contributions to the global economy.

During the rest of their visit to the USA, global teams enjoyed a two-day trip to Washington, D.C., including sightseeing at museums and monuments, and a United States Capitol tour. Teams attended a breakfast panel about “Globalizing Your Business” at the Virginia Tech Research Center — Arlington, as they were welcomed by embassy representatives from their home region.  Attendees also enjoyed a visit and lunch at 1776, a global incubator, seed fund, and supportive innovation network, as they heard from 1776 members about “Insights on Starting Up.”  While in Blacksburg, teams were housed by local families, spent interactive time with successful technology companies, and enjoyed fellowship with Virginia Tech students. Some of the activities included tours of the Virginia Tech campus, Lane Stadium, and the Moss Arts Center; souvenir shopping experiences in Roanoke and Blacksburg; and festive meals throughout the entire event. The event concluded with a closing reception at The Hotel Roanoke on August 25, 2017, to celebrate all participants of the Global Student Entrepreneurship Challenge.

To learn more about the VT KnowledgeWorks Global Student Entrepreneurship Challenge, visit our website at www.vtkwglobal.com.  To view a list of all participating University Partners from around the world, go to http://www.vtkwglobal.com/2017/partners. We are pleased to announce that the Global Partnership Event for 2018 will be an official university program, led by the Apex Systems Center for Innovation and Entrepreneurship at Virginia Tech.

These generous sponsors make this very special week of education, competition, relaxation, and relationship-building possible: Allegheny Logistics Group, Apex Systems Center for Innovation and Entrepreneurship, Automation Creations, Inc., BAE SystemsBB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, Carilion ClinicCelaneseCity of Roanoke, Click & Pledge, Commonwealth Group, EDCG.J. Hopkins, Inc., Meridium from GE DigitalNational Bank, Plastics One Inc., Rackspace, Roanoke-Blacksburg Technology CouncilShentel, SMBWSunTrust Bank , TechLab, Third Security, Town of BlacksburgUnion Bank & Trust, Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc., and Wordsprint.

For a complete list of other contributors of the VT KnowledgeWorks Global Partnership Event, please visit our website at http://www.vtkwglobal.com/2017/contributors.

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 is in Blacksburg, Virginia, USA.

  

 

Agenda for the 2017 Global Student Entrepreneurship Challenge

VT KnowledgeWorks Global Student Challenge Event 2016

VT Knowledgeworks Global Entrepreneurship Challenge 2017

The VT KnowledgeWorks Global Student Entrepreneurship Challenge is open to the public to observe elite university teams compete on a world stage and deliver 10-minute presentations for a $25,000 grand prize and the VT KnowledgeWorks Global Challenge Trophy. The Challenge is in conjunction with the VT KnowledgeWorks Global Partnership EventAugust 17-26, which offers a unique opportunity for global student teams and faculty to collaborate and initiate their personal global networks through learning, socialization, and friendly competition in Blacksburg and Roanoke, Virginia, and Washington, D.C., USA.  Learn more about this year’s global partners and competing finalist teams.

 

August 24, 2017 | 8:00 AM-4:00 PM

Alumni Assembly Hall at the Holtzman Alumni Center

The Inn at Virginia Tech and Skelton Conference Center
901 Prices Fork Road, Blacksburg, VA 24061

Register for free at http://vtkwglobal.com/2017/registration
Otherwise, check back here on August 24 to watch the live stream

 

AUGUST 24 AGENDA

8:00 a.m. – Registration
8:15 a.m.  – Welcome

Global Student Challenge Presentations
10-minute presentation; 10 minutes for panelist feedback

8:30 a.m.    Chitomics
8:55 a.m.    Cohex
9:20 a.m.    PAL’AGUA
9:45 a.m.    Nexenic

10:10 a.m. – 20-minute break

10:30 a.m.    Silent Hero
10:55 a.m.    FlyingScarecrows
11:20 a.m.    SkyCam
11:45 a.m.    Tekuma

12:10 p.m. – Audience members break for lunch on your own
1:10 p.m. –   Global Student Challenge Presentations Continued

1:10 p.m.    Curos Labs
1:35 p.m.    Prognitive
2:00 p.m.    Plann3r

2:25 p.m. – 20-minute break

2:45 p.m.    College Dough
3:10 p.m.    Recomendado.ec
3:35 p.m.    Todo

4:00 p.m. – Conclude Global Student Challenge Presentations

Teams with a tangible product competing for the Plastics One Advanced Manufacturing Award: Chitomics, Cohex, FlyingScarecrows, Nexenic, PAL’AGUA, Silent Hero, SkyCam, Tekuma.

 Teams with an intangible product or service competing for the VT KnowledgeWorks Information Technology Award: College Dough, Curos Labs, Plann3r, Prognitive, Recomendado.ec, Todo.

 An additional $15,000 grand prize will be awarded to one of the two teams that receive the $10,000 Advanced Manufacturing Award or the $10,000 Information Technology Award, by selection of the judging panel.

 

Global Partnership Alumni Updates

Updates on Some of the Past Global Student Challenge Finalists

 

US flag$25,000 Grand Prize Winner in 2016

Park & Diamond, Virginia Tech, USA

Jordan Klein and David Hall

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Park & Diamond is dedicated to improving cycling safety and is excited to say that their ultraportable helmet is progressing towards production. The success and momentum from the VT KnowledgeWorks Global Entrepreneurship Challenge has led the team to continue product development, draft utility patents, participate in additional competitions, and approach marketing firms and manufacturers. In April 2017, Park & Diamond took first place and $7,500 at the Union Innovation Challenge at Virginia Tech, as well as the $100,000 grand prize at the EIX E-Fest in Minneapolis, Minnesota. They recently won the Red Bull Launchpad competition held in New York City and were accepted to the 2020 Startups NYC (www.2020startups.nyc). The company is headquartered in the Virginia Tech Corporate Research Center, as they work towards a product launch of Q1 2018 to have their helmets available at the start of the cycling season. With the encouragement and guidance of VT KnowledgeWorks, they continue to progress toward their goal of making every bike ride a safe ride.

Australia flag$10,000 VT KnowledgeWorks Information Technology Award in 2016

Construction Cloud, University of Technology, Sydney, Australia

Hartley Pike, Samuel McDonnell, Tommaso Armstrong, and Jan Schroeder

Construction Cloud offers a photo library stored in the cloud for construction teams, allowing them to create a visual timeline of their project from start to finish. Construction Cloud saves the construction industry time, improves team communication, and protects companies in disputes. Since the Challenge, Construction Cloud has secured 10 paid projects, closed a $500,000 angel round, and continues to grow their team. As a result of the Challenge, they received positive media coverage, used their prize money to continue to grow their company, and completed their site visit and customer discovery with Branch Constructions, a US construction firm. They are preparing their product for global scalability and completed an accelerator program at Startmate, which is ranked one of the top five accelerators in the world.

$5,000 People’s Choice Winner in 2016

eLog, University of Kent, England

Cesare Dunker and Rayyan Sorefan

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eLog continues to advance and turn their humanitarian enterprise into a reality. eLog has created a revolutionary application to help displaced people across the world fleeing political persecution and war by assisting refugees as they map their migration and provide evidence of their journey when applying for asylum. Cesare and Rayyan continue to work on the project and their team has doubled in size. Their prototype is being developed summer of 2017 within the University of Kent and the technology will be ready for testing at the end of the year. While development is underway, the entrepreneurs continue to expand their network and focus on showcasing the product to the right audience. If you wish to follow the progress of eLog, go to www.eLog.guide. Team eLog is looking forward to delivering this service to the people who need it the most and thanks VT KnowledgeWorks for their support of projects around the world.

Other Finalist Mentions from the 2016 Challenge

CoatChecker, ZHAW Zurich University of Applied Sciences, Switzerland: CoatChecker won two stages of Venture Kick, amounting in $30,000. CoatChecker will advance to Venture Kick’s final stage and compete for the $100,000 grand prize. Their company is founded, and they continue to work on their business model. CoatChecker is a new and innovative measuring device that can measure the thickness of sealing layers used widely in the construction sector. The device uses a new method which significantly improves measuring time and does not destroy the measured layer. It will help construction companies around the world save time and money.

Ledsreact, Ghent University, Belgium: Ledsreact released their first indoor product version around March 2017. “Direction Indoor” is a smart, interactive sports cone that will train the reaction speed and agility of athletes. It will be used in rehabilitation and sports all over the world, for example in Greece and Singapore. To learn more, go to their website at www.ledsreact.be.

weview, Technical University of Munich, Germany: weview, winner of the 2016 Global Challenge Virtual Preliminary, launched their website and new platform – https://weview.tv. With weview, customers can find the exact products they were looking for online by using their platform that combines user videos with personal reviews, as well as interactive elements to revolutionize the shopping experience. The company has expanded to include seven employees and raised a seed round of 300K € with two experienced business angels. The money will be spent to achieve a proof of market, validate the business model, and collect key performance indicators for a larger round of fundraising.

Thailand flag$25,000 Grand Prize Winner in 2015

Visionear, King Mongkuts University of Technology Thonburi (KMUTT), 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. Visionear will incorporate this July under the name of InGarage Assistive, Co., Ltd. Currently, the new company is preparing to launch the first Visionear in its product line, which will be the mobile app for the blind. In addition to the $75,000 raised previously, the new company received an additional $55,000 in 2017 from a Thai government agency. This amount will be used to fund the effort in research and development of extra features and launching of a mobile app. They continue to expand their network with organizations for the visually impaired, as well as potential investors.

Colombia$15,000 VT KnowledgeWorks Information Technology Award in 2015

Animus, Universidad del Norte, Colombia

Alfonso Quijano Jesurum, Jose Gómez Castro

Animus Ingeniería is a technology-based company with expertise in video analytics and telemetry that combines face recognition, automatic vehicle location, and inventory control technology that helps companies in Latin America affected by highway banditry or merchandise theft in vehicles transporting goods over land. Animus recently joined forces with a company, DCT (Digital Com Tech), utilizing some of their hardware and software services, while tapping into their clientele network to grow. They are in the process of seeking outside funding, and they have hired two new engineers to assist with their continued growth.

Italy$25,000 Grand Prize Winner in 2014

feelSpace, University of Trento, Italy

Leonardo Stenico, Galena Kostoska, Alberto Parrella, Julia Wache

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The feelSpace company, based on the business model of the tactile compass belt, has been founded since November 2015. Julia Wache continues to work for feelSpace. During 2016, the navigation belt hardware was further developed and financed through eXIST seed financing from Germany. In February 2017, a local investor invested 600K € into the company to secure final stages of development. feelSpace launched their first beta series in March and they are currently delivering navigation belts to their first customers. In April 2017, they participated in a major design exhibition where they presented the belt from a different angle: as an inclusive fun game for everyone. To learn more, go to their website at www.feelSpace.de or contact them at [email protected].

Chile$5,000 People’s Choice Winner in 2014

DD-MOff, Pontificia Universidad Católica de Chile, Chile

Andrea Carolina Mohr Beckdorf, Trinidad Schlotterbeck Suárez, Alison Kareen Scheuch González

DD-MOff is a natural product designed to be applied on any object that is in contact with the algae Didymo to reduce the chance of dissemination to new environments, while not affecting other ecosystems. Recent external studies validated the technical components of their business idea, by validating the effectiveness of the product. They are currently evaluating economical options to register the product and go to market.


France$25,000 Grand Prize Winner in 2013

Auticiel, Télécom Ecole de Management, France

Sarah Cherruault, François Dupayrat

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Auticiel develops innovative digital solutions to help people with cognitive and mental disabilities lead independent lives. Auticiel apps and tablets are assistive learning tools that can be adapted to the needs and abilities of each individual, such as communication, spatial-temporal references, or social skills. An experienced team of engineers design and test its solutions in collaboration with the final users and their caregivers (parents, professionals, etc.), as well as medical and educational institutions (UNAPEI, French Federation Sesame Autism, John Bost Foundation, Léopold Bellan Foundation). Development is overseen by a scientific committee composed of neuroscientists, psychologists, and speech therapists. The company delivers AMIKEO apps, the broadest range of tablet apps dedicated to children and adults with cognitive and mental disabilities, which 120,000+ users worldwide have downloaded to date. With the conclusion of a Series A round of 1M€ in early 2017, Auticiel is now expanding into the field of empowering the caregivers, whether they are professionals or not. A new set of smart tools ranging from data analytics to remote coaching enables them to better understand and leverage these digital solutions throughout their caregiving process. Auticiel has been awarded with several acknowledgements in Europe where it operates, including “Handicap and Innovation, autonomy to all ages of life and universal design,” from a national competition organized by the French Ministry of Health in February 2017. To learn more, please email [email protected] or visit http://auticiel.com.


Australia$5,000 Second Place Winner in 2013

Roka, University of Technology, Sydney, Australia

Conchita De Souza, Janek Gonsalkorale, Paridhi Jain, and Natalia Krslovic

The founder of Roka, Kimberley Abbott, handed Roka back to the 40K Group, a leader in social entrepreneurship space, in order to progress the business further. Roka was a social microenterprise project established to improve the status of women and to increase education and economic empowerment for the women of Maranahali Bande quarry in Bangalore, India, by employing them to make jewelry. One of the original team members, Conchita, continued her passion for international development and social enterprise and has been working in India for the last few years on social entrepreneurship in underprivileged communities, while the other team members went on to work at consulting and marketing companies.

Italy$5,000 People’s Choice Winner in 2013

GraphInsight, University of Trento, Italy

Michele Dallachiesa, Gintare Simkute, Alice Porrà

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GraphInsight is now an open-source project. Former team member Michele Dallachiesa has launched a new business. Skysense builds commercial-grade Drone Charging Stations and Turn-Key Solutions, based on proprietary technology, enabling businesses to deploy drones at scale, without human intervention. Skysense partners with enterprises at the forefront of the security, inspection, logistics, and defense markets. After spending six months at Start-Up Chile, Skysense joined the first class of the Qualcomm Robotics Accelerator, powered by Techstars. They were the first place winners of the 2016 NASA Europe Challenge. Recently, Michele moved on to Minodes.com in Berlin as Senior Data Engineer.

     

Canada$5,000 Runner-up Team in 2011

OOHLALA Mobile, University of Toronto, Canada

Peter Cen, James Dang

OOHLALA is a mobile platform running in over 200 colleges in eight countries, enabling students to interface with every aspect of their campus. The company is already profitable, tripling in size in 2016 and two thirds of its customers sign on for three years up front. They recently participated in the Y-Combinator accelerator and raised $4 million for a Series A Round. OOHLALA is located in Montreal with a team of over 20 people and was selected for Top 30 Under 30 in Education for Forbes Magazine in 2015.

     

UK$25,000 Grand Prize Winner in 2010

Ecosy, Queen’s University, Northern Ireland

Colm Connolly, Vincent Murray

Although Team Ecosy’s original concept, a renewable energy heating system, is not being pursued, Colm Connolly has launched a new business. Connolly founded and successfully launched Rucksnacks in July 2016. Rucksnacks signature product is a high protein 100% Irish beef jerky snack. It has proved popular in Ireland with demand regularly outstripping supply! Since launching, Rucksnacks has started to supply local gyms and a major retailer. In 2016, Rucksnacks won the Ireland Most Innovative Packaging Award for its cracked black pepper packaging. Continuing to build on early success, Rucksnacks continues to develop and innovate continuously while working on new flavors. They only use 100% Irish beef and natural ingredients, nothing artificial! They are in the process of establishing their own production facility in Co. Monaghan, Ireland, allowing them to expand into more markets and grow, with the hopes of exporting into the USA in the future. Learn more at https://rucksnacks.com.

Israel

$5,000 Runner-up Team in 2010

EasyCheck, Ruppin Academic Center, Israel

Shahar Peled, Hadas Geva, Inbal Gutman

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Although EasyCheck is no longer being pursued as a business, one of the team members, Shahar Peled, started his own company called ArTack Medical. ArTack Medical is developing the “eTack,” which is a novel, motorized, articulated hernia mesh fixation device. It is designed for laparoscopic repair, as well as open surgery, and can be adapted into robotic surgery platforms and used with any current available mesh. ArTack Medical is a privately held medical device company, and is currently pursuing strategic partners in the USA and China.

Save the Date: VT KnowledgeWorks Global Student Entrepreneurship Challenge

 

The VT KnowledgeWorks Global Student Entrepreneurship Challenge celebrates the energy and creativity of university students and their important contributions to the global economy, while encouraging them to develop their entrepreneurial ideas. Please join us as we observe elite university teams compete on a world stage and deliver 10-minute presentations for a $25,000 grand prize and the VT KnowledgeWorks Global Challenge Trophy.

The Challenge is in conjunction with the VT KnowledgeWorks Global Partnership Event, August 17-26, which offers a unique opportunity for global student teams and faculty to collaborate and initiate their personal global networks through learning, socialization, and friendly competition in Blacksburg and Roanoke, Virginia, and Washington, D.C., USA.  Stay tuned to learn more about this year’s 14 finalist teams  and what universities they will be representing.

 

Register for the VT Knowledgeworks Global Student Entrepreneurship ChallengeAugust 24, 2017 | 8:00 AM-4:00 PM

Alumni Assembly Hall at the Holtzman Alumni Center

The Inn at Virginia Tech and Skelton Conference Center
901 Prices Fork Road, Blacksburg, VA 24061

Tickets are FREE

PRIZES

  • $10,000 – Plastics One Advanced Manufacturing Award for the outstanding tangible product
  • $10,000 – VT KnowledgeWorks Information Technology Award for the outstanding intangible product or service
  • $15,000 – An additional grand prize for one of the two teams that receive the Advanced Manufacturing Award or the Information Technology Award
  • $5,000 – People’s Choice Award sponsored by Virginia Tech’s Outreach and International Affairs.

SPONSORS

Allegheny Logistics Group, Apex Systems Center for Innovation and Entrepreneurship,Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, Carilion Clinic, Celanese, City of Roanoke, Click & Pledge,Common Wealth Growth Group, EDC, G.J. Hopkins, Inc., Meridium from GE Digital,National Bank, Plastics One Inc., Rackspace, Roanoke – Blacksburg Technology Council, Shentel, SMBW, SunTrust Bank, TechLab, Third Security, Town of Blacksburg,Town of Christiansburg, Union Bank & Trust, Virginia Tech Corporate Research Center,Virginia Tech’s Outreach and International Affairs, VPT, Inc., and Wordsprint.

Announcing the 2017 Global Challenge Virtual Preliminary Winner

VT KnowledgeWorks is pleased to announce the winner of the 2017 Global Challenge Virtual Preliminary, Team Cohex, who will advance to this year’s Global Student Entrepreneurship Challenge on Thursday, August 24, 2017, at 8:00 a.m. at The Inn at Virginia Tech and Skelton Conference Center, Blacksburg, Virginia.VT Knowledgeworks virtual preliminary winner Team Cohex

Cohex is a system made to keep the perfect humidity level during fruit and vegetable exportation. Team members Luckas Fonck, Maurizio Canessa, and Josefa Villanueva represent Adolfo Ibáñez University in Santiago, Chile.

As part of their prize, Team Cohex will receive up to $5,000 in travel expenses to Washington, D.C., Blacksburg, and Roanoke, Virginia, to participate in the Global Partnership Event, August 17-26, 2017. The event begins with a two-day trip in Washington, D.C., to enjoy sightseeing trips to museums and monuments, and participate in private tours.  The winning team will enjoy the rest of the event in Roanoke and Blacksburg, Virginia, for a week-long celebration of entrepreneurship, as they compete against other global finalist teams for the $25,000 grand prize in the Global Student Entrepreneurship Challenge.

There will be 13 student teams competing in the Eighth Annual Global Student Entrepreneurship Challenge for the $25,000 grand prize and VT KnowledgeWorks Global Challenge trophy from Alexandria University, Egypt; Ghent University, Belgium; King Mongkut’s University of Technology Thonburi (KMUTT), Thailand; Pontificia Universidad Católica de Chile, Chile; Tecnológico de Monterrey, Mexico; University of British Columbia, Canada; University of Kent, England; University of Technology, Sydney, Australia; University of Trento, Italy; Vienna University of Technology, Austria; Virginia Tech, USA; ZHAW Zurich University of Applied Sciences, Switzerland; and Adolfo Ibáñez University, Chile.

The Global Challenge Virtual Preliminary encourages students to develop their entrepreneurial ideas and showcase their creativity, as well as enhance their understanding of the requirements for a successful business venture. University teams tested their business concept by confirming that their idea meets a customer need, occupies a differentiated position in the marketplace, and has a viable business model and value proposition.

Learn more about Team Cohex and the four other finalists who competed in this year’s Virtual Preliminary by viewing their team profiles at bit.ly/VirtualPreliminary2017.

Admission to the Global Student Challenge finals on August 24, 2017, is free and available on a first-come, first-served basis. Register at www.vtkwglobal.com.

For more details about this event, visit our website at www.vtkwglobal.com or contact Lindsey Eversole at 540-443-9100 ext. 2 or via email at [email protected]

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 is in Blacksburg, Virginia, USA.

VT KnowledgeWorks sponsors include Allegheny Logistics Group, Apex Systems Center for Innovation and Entrepreneurship, Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, Carilion Clinic, Celanese, City of Roanoke, Click & Pledge, Common Wealth Growth Group, EDC, G.J. Hopkins, Inc., Meridium from GE Digital, National Bank, Plastics One Inc., Rackspace, Roanoke – Blacksburg Technology Council, Shentel, SMBW, SunTrust Bank, TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union Bank & Trust, Virginia Tech Corporate Research Center, Virginia Techs Outreach and International Affairs, VPT, Inc., and Wordsprint.

VT KnowledgeWorks Announces Winners of Global Entrepreneurship Challenge Semifinals

VT KnowledgeWorks hosted its ninth annual Global Entrepreneurship Challenge Semifinals at The Inn at Virginia Tech and Skelton Conference Center on April 12. The Challenge provided a unique opportunity for student teams from Virginia Tech to present their business concepts before a panel of local business leaders.

College Dough

The grand prize of $15,000 in scholarships was awarded to College Dough, which included team member Danielle Jeffers. Her prize package included the $5,000 VT KnowledgeWorks Information Technology Award for the most outstanding intangible product or service. In addition, she was awarded another $10,000 in scholarship assistance. College Dough is an all-in-one resource for students who are applying for scholarships to attend the college of their choice. Students can meet all deadlines with its project management system, find new scholarships in its database, and improve the quality of their submissions with its how-to library. College Dough is the perfect resource for students who want to earn scholarships, eliminate loans, and explore life! Danielle will also advance to the VT KnowledgeWorks Global Student Entrepreneurship Challenge on August 24, 2017, where she will compete on a world stage as teams pitch their business ideas for a $25,000 grand prize.

Bar None Insulated ApparelThe $5,000 Plastics One Advanced Manufacturing Award for the most outstanding tangible product went to Bar None Insulated Apparel, represented by Chad Nexon and John Hearney. Bar None Insulated Apparel is a revolutionary clothing insulation start up, utilizing bio-mimicry to keep extremities up to three times as warm as today’s best insulation.

Audience members selected their favorite student team to win the People’s Choice award of $5,000 in scholarships, generously sponsored by the Virginia Tech Pamplin College of Business. The winning team of the People’s Choice Tech Wound Solutionsaward was Tech Wound Solutions, which included team members Juliana Downey, Tucker King, Elisabeth Rebholz, and Kimberly Wyluda. Tech Wound Solutions has created Kare Powder: a topical, advanced wound care dressing that enables faster and more effective healing for chronic wound care patients.

Other teams that competed in the Global Entrepreneurship Challenge Semifinals included BioactiVT and RheoPrinter.

“Congratulations to our winners. They have exciting prospects, both personally and professionally. But, just as important, the overall competition was outstanding. According to our judges, and based on follow-up inquiries by local investors and entrepreneurs, we have possibly identified several viable startups for our region.” – Jim Flowers, Executive Director, VT KnowledgeWorks

For more information contact Jim Flowers, Executive Director of VT KnowledgeWorks, at 540-443-9100, extension 1 or at [email protected]. Read about it on our blog at insidevtknowledgeworks.com.

VT KnowledgeWorks wants to thank our generous sponsors of the Global Entrepreneurship Challenge Semifinals including Plastics One Inc., Virginia Tech Corporate Research Center, and Virginia Tech Pamplin College of Business.

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 VT Knowledgeworkscontributors 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 is in Blacksburg, Virginia, USA.

VT KnowledgeWorks sponsors include Allegheny Logistics Group, Apex Systems Center for Innovation and Entrepreneurship, Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, Carilion Clinic, Celanese, City of Roanoke, Click & Pledge, Common Wealth Growth Group, EDC, G.J. Hopkins, Inc., Meridium from GE Digital, National Bank, Plastics One Inc., Rackspace, Roanoke – Blacksburg Technology Council, Shentel, SMBW, SunTrust Bank, TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union Bank & Trust, Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc., and Wordsprint.

Announcing Finalists for the 2017 VTKW Global Entrepreneurship Challenge Semifinals

Challenge_logo201500221

VT KnowledgeWorks is pleased to announce the finalist teams chosen to present their business concepts at this year’s Global Entrepreneurship Challenge Semifinals taking place on Wednesday, April 12, 2017, at 1:00 p.m. at The Inn at Virginia Tech and Skelton Conference Center, Blacksburg, Virginia. The Challenge provides a unique opportunity for student teams from Virginia Tech to present their business concepts before a panel of local business leaders.

innovation

 

The five Virginia Tech student teams competing for the grand prize include:

  • Bar None Insulated Apparel (Chad Nexon and John Hearney): A revolutionary clothing insulation start up, utilizing bio-mimicry to keep extremities up to three times as warm as today’s best insulation.
  • BioactiVT (Andy Cohen, Angad Verma, Ariana Spalter, Brittany Horton, Danny Murray, David Barto, Eddie Krutyanskiy, Eryney Marrogi, Ethan Hodges, Gavin Vess, Gina Muan, Harrison Lavery, Jay Pennington, Lan Le, Lucy Epshteyn, Max McGrath, Nam Ngo, Qiao-Qiao Wang, Rachel Kitchen, Ranger Turner, Riley Allison, Samuel Washburn, Sarah Sandquist, and Skyler Grunberg): Tempo is BioactiVT’s answer to the “pulse oximeter gap” in the developing world. Operating rooms in developing nations are performing surgeries without these life-saving medical devices because no current solution meets their specific needs. Tempo is solar-powered, which means it can be used in even the most remote locations without a reliable power grid. All contact surfaces on Tempo can be boiled, a more accessible sanitation method in these areas. These design features create a robust, self-powered device with a lower lifetime cost than any oximeter currently on the market.
  • College Dough (Danielle Jeffers): College Dough is an all-in-one resource for students who are applying for scholarships to attend the college of their choice. Students can meet all deadlines with our project management system, find new scholarships in our database, and improve the quality of their submissions with our how-to library. College Dough is the perfect resource for students who want to earn scholarships, eliminate loans, and explore life!
  • RheoPrinters (Mubashir Q. Ansari, Craig D. Mansfield, and Maxwell Propp): We will manufacture Contoured Hot Ends for 3D-Printing, enabling processing of pure high performance thermoplastics as well as composite filaments reinforced with either short fibers or the continuous fibers.
  • Tech Wound Solutions (Juliana Downey, Tucker King, Elisabeth Rebholz, and Kimberly Wyluda): Tech Wound Solutions has created Kare Powder: a topical, advanced wound care dressing that enables faster and more effective healing for chronic wound care patients.
  • This year’s prizes include:
    $5,000 – Plastics One Advanced Manufacturing Award for the most outstanding tangible product
  • $5,000 – VT KnowledgeWorks Information Technology Award for the most outstanding intangible product or service
  • $10,000 – An additional grand prize for one of the two teams that receive the Advanced Manufacturing Award or the Information Technology Award
  • $5,000 – People’s Choice Award sponsored by Virginia Tech Pamplin College of Business

Tickets to attend are free and include access to the competition, networking reception, and awards presentation. Register at www.vtknowledgeworks.com.

For more information contact Jim Flowers, Executive Director of VT KnowledgeWorks, at 540-443-9100, extension 1 or at [email protected].

VT KnowledgeWorks wants to thank our generous sponsors of the Global Entrepreneurship Challenge Semifinals including Plastics One Inc., Virginia Tech Corporate Research Center, and Virginia Tech Pamplin College of Business.

vtkw squareVT 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 is in Blacksburg, Virginia, USA.

VT KnowledgeWorks sponsors include: Allegheny Logistics Group, Apex Systems Center for Innovation and Entrepreneurship, Automation Creations, Inc., BAE SystemsBB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, Carilion ClinicCelaneseCity of Roanoke, Click & Pledge, Commonwealth Group, EDCG.J. Hopkins, Inc., Meridium from GE DigitalNational Bank, Plastics One Inc., Rackspace, Roanoke-Blacksburg Technology CouncilShentelSunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union Bank & Trust, Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc., and Wordsprint.

2017 Global Entrepreneurship Challenge Semifinals Sponsor Showcase: Virginia Tech Pamplin College of Business

Virginia Tech Pamplin College of Business at New York Stock Exchange, ring the bell

Few settings are more symbolic than the New York Stock Exchange — the world’s top spot for raising capital — to celebrate and promote Virginia Tech’s initiatives in innovation and entrepreneurship.

And on April 26, 2016, Virginia Tech — President Tim Sands, Pamplin College of Business Dean Robert Sumichrast, and a group of alumni, including advisory board members of the Apex Systems Center for Innovation and Entrepreneurship — did just that by ringing the closing bell at 4 p.m.

At the forefront of the university’s initiatives in innovation and entrepreneurship is the Apex Systems Center for Innovation and Entrepreneurship in the Pamplin College of Business. Established in 2014 to educate students about entrepreneurship and involve them in entrepreneurship activities, the center offers a variety of opportunities for students to be involved with a dynamic network, including interactions with entrepreneurs-in-residence, “treks” to entrepreneurial hot spots around the nation, and the Innovate living-learning community on campus. The center, also known as Apex CIE, also serves as a resource for outreach to the business community and supports faculty research related to entrepreneurship, technology commercialization, and new venture formation and growth.

Thank you, Virginia Tech Pamplin College of Business, for sponsoring the 2017 Global Entrepreneurship Challenge Semifinals!

Virginia Tech student teams will compete at the VT KnowledgeWorks Global Entrepreneurship Challenge Semifinals for the chance to win one of three scholarship prizes, including the $5,000 Plastics One Advanced Manufacturing Award for the most outstanding tangible product, the $5,000 VT KnowledgeWorks Information Technology Award for the most outstanding intangible product or service, and the $5,000 People’s Choice Award, sponsored by the Virginia Tech Pamplin College of Business. One of the two teams that receive the Advanced Manufacturing or the Information Technology award will earn the grand prize and receive an additional $10,000 in scholarship assistance, as well as the opportunity to compete on a world stage in the $25,000 VT KnowledgeWorks Global Student Entrepreneurship Challenge this August.

Register to attend the Global Entrepreneurship Challenge Semifinals on Wednesday, April 12, from 1-6 p.m. Registration is free.

vtkw squareVT 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 is in Blacksburg, Virginia, USA.

VT KnowledgeWorks sponsors include Allegheny Logistics Group, Automation Creations, Inc., BAE Systems, BB&TThe Branch Group, Inc., Brown, Edwards & Company, LLP, Carilion Clinic, Celanese, City of Roanoke, Common Wealth Growth Group, EDC, G.J. Hopkins, Inc., National Bank, Plastics One Inc., Rackspace, Roanoke – Blacksburg Technology Council, Shentel, SMBW, SunTrust Bank, TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union Bank & Trust, Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc., and Wordsprint.

2017 Global Entrepreneurship Challenge Semifinals Sponsor Showcase: Virginia Tech Corporate Research Center

 

VTCRC - Virginia Tech Corporate Research Center

Established in 1985, the 230-acre Virginia Tech Corporate Research Center (VTCRC) boasts more than 33 buildings with nearly 3,000 employees and is home to more than 180 research, technology and support companies. The VTCRC is a for-profit wholly-owned, private subsidiary of the Virginia Tech Foundation. The VTCRC strives to develop a growing, prestigious research park for high-technology companies and in collaboration with the university, advance the research, educational and technology transfer missions of Virginia Tech. www.vtcrc.com

Thank you, Virginia Tech Corporate Research Center, for sponsoring the 2017 Global Entrepreneurship Challenge Semifinals!

Virginia Tech student teams will compete at the VT KnowledgeWorks Global Entrepreneurship Challenge Semifinals for the chance to win one of three scholarship prizes, including the $5,000 Plastics One Advanced Manufacturing Award for the most outstanding tangible product, the $5,000 VT KnowledgeWorks Information Technology Award for the most outstanding intangible product or service, and the $5,000 People’s Choice Award, sponsored by the Virginia Tech Pamplin College of Business. One of the two teams that receive the Advanced Manufacturing or the Information Technology award will earn the grand prize and receive an additional $10,000 in scholarship assistance, as well as the opportunity to compete on a world stage in the $25,000 VT KnowledgeWorks Global Student Entrepreneurship Challenge this August.

Register to attend the Global Entrepreneurship Challenge Semifinals on Wednesday, April 12, from 1-6 p.m. Registration is free.

vtkw squareVT 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 is in Blacksburg, Virginia, USA.

VT KnowledgeWorks sponsors include Allegheny Logistics Group, Automation Creations, Inc., BAE Systems, BB&TThe Branch Group, Inc., Brown, Edwards & Company, LLP, Carilion Clinic, Celanese, City of Roanoke, Common Wealth Growth Group, EDC, G.J. Hopkins, Inc., National Bank, Plastics One Inc., Rackspace, Roanoke – Blacksburg Technology Council, Shentel, SMBW, SunTrust Bank, TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union Bank & Trust, Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc., and Wordsprint.

Global Partnership Alumni News

2017 Mentions:

weview_Feb 2017v2February Alumni Spotlight – Team weview, winner of the 2016 Global Challenge Virtual Preliminary and finalist of the Global Student Entrepreneurship Challenge, officially launched their website and new platform – https://weview.tv. With weview, customers can find the exact products they were looking for online by using their platform that combines user videos with personal reviews, as well as interactive elements to revolutionize the shopping experience. The company has expanded to four employees and they are currently raising their first financial round.

January Alumni SpotlightPark & Diamond, the $25,000 grand prize winner of the 2016 VT KnowledgeWorks Global Student Entrepreneurship Challenge, is making progress with their product’s intellectual property and final design. David Hall and Jordan Klein, the founders of Park & Diamond, desire to improve cycling safety by creating an ultra portable helmet that eliminates bulkiness and the stigma of current bicycle helmets. They are working with the Virginia Tech Investor Network (VTIN) to begin a round of seed funding in the near future.

Latest 2016 Mentions:

Ledsreact_Dec 2016December Alumni SpotlightTeam Ledsreact, a 2016 finalist of the Global Student Entrepreneurship Challenge, will release their first indoor product version around March 2017. “Direction Indoor” is a smart, interactive sports cone that will train the reaction speed and agility of athletes. You can support them on Kickstarter by the end of February. To learn more, contact them at [email protected], or go to their website at www.ledsreact.be.

November Alumni SpotlightTeam CoatChecker from the 2016 Global Student Entrepreneurship Challenge won stage one of Venture Kick in the amount of $10,000! CoatChecker will advance to Venture Kick’s second stage and compete in March 2017 for the $20,000 prize. Their company will be founded this month, as they continue to work on their business model. CoatChecker is a new and innovative measuring device that can measure the thickness of sealing layers used widely in the construction sector. The device uses a new method which significantly improves measuring time and does not destroy the measured layer. It will help construction companies around the world to save time and money.

VT KnowledgeWorks sponsors include Allegheny Logistics Group, Automation Creations, Inc., BAE Systems, BB&TThe Branch Group, Inc., Brown, Edwards & Company, LLP, Carilion Clinic, Celanese, City of Roanoke, Common Wealth Growth Group, EDC, G.J. Hopkins, Inc., National Bank, Plastics One Inc., Rackspace, Roanoke – Blacksburg Technology Council, Shentel, SMBW, SunTrust Bank, TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union Bank & Trust, Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc., and Wordsprint.