Scottsdale, AZ (PRWEB) May 22, 2013
Twenty student-led startup companies at Arizona State University will spend the next year participating in an intensive startup accelerator designed to help them execute their business models, deliver valuable products or services and create local jobs as part of ASU’s Edson Student Entrepreneur Initiative.
Each year the Edson initiative offers approximately 20 student teams up to $20,000 each in seed funding, office space, mentorship and training to launch their for-profit, more-than-profit or nonprofit ventures. The program, which is run by ASU Venture Catalyst in the Office of Knowledge Enterprise Development, is one of the largest privately funded business plan competitions at a U.S. university.
The companies were accepted into the 2013-2014 Edson cohort after participating in a highly competitive application process. This year nearly 350 teams applied, representing almost 650 ASU students from all university disciplines as well as nearly 250 non-student team members. Thirty teams were selected to pitch to an independent panel of judges comprising Valley investors, business leaders and entrepreneurs, and the top 20 companies were accepted into the Edson cohort.
The winning ventures include a housewares company that makes products for people with physical disabilities, a software platform that allows users to convert their content into downloadable eBooks, and a team developing a biosensor for on-site rapid screening of waterborne bacteria and viruses. In addition to funding, each venture will receive office space at ASU SkySong, intensive industry-specific mentorship and a number of educational opportunities designed to enable the students to advance their ventures.
The 20 student ventures in the 2012-2013 Edson cohort received numerous impressive accolades over the past year. An Edson company took home the top prize at the first-ever Arizona Student Startup Demo Day last month, competing against top student startups from all three state universities. Another Edson venture was named one of 12 finalists in Inc. Magazine’s 2013 Coolest College Startups competition as well as one of 12 finalists in Microsoft’s Imagine Cup Grant Program and one of only six finalists in the YUM Sustainability Business Plan Competition. Still another Edson company was selected as one of the 50 Most Promising Ventures in the Startup Open competition during Global Entrepreneurship Week.
In addition, the 2012-2013 Edson companies collectively raised approximately $800,000 in external funding from federal grants, U.S. and international competitions and angel investors.
The Edson Student Entrepreneur Initiative is a flagship program of ASU Venture Catalyst, the ASU unit that works with high-potential startup companies both inside and outside the university. ASU Venture Catalyst is a strategic unit of ASU’s Office of Knowledge Enterprise Development, the research arm of ASU.
A complete list of the 2013-2014 Edson-supported, student-led companies can be found below.
Marketing and Communications Manager, ASU SkySong
About the Edson Student Entrepreneur Initiative (http://edson.asu.edu)
The Edson Student Entrepreneur Initiative provides funding, office space and mentorship to teams of students from all university disciplines. This accelerator gives student entrepreneurs the opportunity to develop their innovative ideas and launch viable businesses. As an integral program of ASU Venture Catalyst in the Office of Knowledge Enterprise Development, the Edson accelerator gives students access to seasoned entrepreneurs, industry mentors and other Venture Catalyst programs that enable them to advance their enterprises.
About Venture Catalyst (http://www.asuventurecatalyst.org)
ASU Venture Catalyst equips high-potential startups for success. The Catalyst, a joint effort between the Office of Knowledge Enterprise Development and Arizona Technology Enterprises (AzTE), assists university students, faculty and staff, as well as local and global companies, with launching startups or accelerating existing ventures. Based at ASU SkySong, The Catalyst offers investor connections, technology road maps, go-to-market strategy consulting, mentoring opportunities and several other programs and services, all designed to identify and develop investment-grade companies.
Edson Student Entrepreneur Initiative’s 2013-2014 Cohort
AboutMyCare™ enables healthcare providers to improve the patient experience by providing them with an innovative mobile solution that captures and converts targeted, real-time patient information into valuable insights aimed at improving service design and delivery; thus allowing providers to recapture lost Value Based Purchasing revenues.
Contact: Joseph Christ; joseph.christ(at)asu(dot)edu
Duo Kitchenware is a housewares company that focuses on the needs of people with physical disabilities around the home and kitchen. We provide low cost and beautiful kitchen products to users of all levels of physical ability. Our mission is to empower individuals and improve their lives by providing them with the tools they need to perform activities of daily living.
Contact: Heman Au; hemanau(at)gmail(dot)com
Ebook Glue is a software platform that allows website owners, libraries, universities, and businesses to quickly convert their content into downloadable eBooks. Thousands of people rely on Ebook Glue to publish their content for a plethora of devices through a simple automated process that produces a beautiful reading experience.
Contact: Shantanu Bala; shantanu(at)ebookglue(dot)com
FlashFood is a website and smartphone app that connects leftover food from local restaurants, hotels, and caterers, directly with community members who are in need. FlashFood allows food business managers to post any short-term food donation to the FlashFood network, which sends a twitter-like notification to a team of volunteer drivers—ASU students in beta testing—who can pick up that food and take it into a neighborhood where those who are food insecure live.
Contact: Eric Lehnhardt; eric(at)flashfoodrecovery(dot)com
Grimhardt Brewing Company
Grimhardt Brewing Company is a microbrewery in the greater Phoenix, Arizona, area that brews superior beers, and engages the community through educational offerings, including tastings, classes in beer-food pairing, brewing science and brewing history, and hands-on instruction at a casual level and a homebrewer's introductory level.
Contact: Eric Lehnhardt; eric.lehnhardt(at)gmail(dot)com
Parahealth Solutions' mission is to change the way patients engage in their healthcare through mobile and web enabled technology applications. Parahealth’s featured product, CareMobile delivers meaningful clinical data to a patient’s mobile device at the point of care during their hospital or clinic visit. It displays medication lists, lab results, vital signs, care plans and discharge instructions.
Contact: Ryan Louis; ryan.m.louis(at)gmail(dot)com
HydroGene Biotechnologies is a synthetic biology venture aiming to minimize disease outbreaks in developing countries by developing a user-friendly, cost-effective biosensor for on-site rapid screening of waterborne bacteria and viruses.
Contact: Nisarg Patel; nisarg(at)hydrogenebio(dot)com
Infinibotics sells an edutainment toy to parents who seek a product that will mentally and physically engage their children, and give them an academic edge. Our product, which we call Cosmo, provides unbridled and intelligent movement combined with smart and appealing games. It can play games in which both the child and Cosmo move, such as hide-and-seek, making Cosmo a child’s best friend and teacher, all while allowing parents more freedom with their time.
Contact: Edward Andert; eddie(at)andert(dot)org
LateLiving has created the world’s first online directory of senior living video tours. As the Zillow of senior living, LateLiving’s unique sharing and decision making features help make life easier for everyone in search of senior care by transforming a three to four week search into a three to four hour decision. Now, elderly parents and their families can make better decisions and tour senior care communities from the comfort of their own home.
Contact: Christopher Wilson; chris(at)lateliving(dot)com
Link will provide AER, a revolutionary intermittent catheter system, for users in need of continence care and bladder management solutions. AER is a fully enclosed intermittent catheter system designed with discreetness and universal usage to properly promote and protect wheelchair users from developing future UTIs and empower the independence (ease of use) of urethral catheterization.
Contact: Jennifer Zielinski; jenzee24(at)comcast(dot)net
Loqui™ (pronounced lo-kee) is the solution for an often annoying and somehow far too frequently faced problem: lost or misplaced remotes. Loqui™ combines existing technologies and puts a new twist on them. Loqui™ combines voice recognition technology that most of us are already used to on our smart phones, and infrared data transmission to make watching TV or any other entertainment device simpler and easier than ever before.
Contact: Josh Heuser; Josh_Heuser(at)Yahoo(dot)com
Onvard is a website that helps beginning learners learn something new when they don't know where to start by recommending the best way to learn a topic. It aims to provide an easier online learning experience to Internet users by directing users toward the best educational resources in the best chronological order.
Contact: Keith Ryu; kibaekr(at)gmail(dot)com
Pollen-Tech will revolutionize agriculture by giving farmers the ability to mechanically spray pollen on to their crops, decreasing crop risk and improving pollination rates and overall yields. With crop failure facing many crops due to bee health issues, this technology will be crucial to the continued health and security of these crops.
Contact: Trevor Ray; trevor.ray(at)asu(dot)edu
Rarus Innovations is an education technology company delivering learning solutions through mobile and web platforms. Through partnerships with acclaimed researchers and educators, Rarus plans on developing a learning ecosystem that harnesses the power of crowdsourcing in providing a continuum of educational content. The learning content, which is common core equivalent, is aimed at helping students not only in reinforcement and retention, but also in advancement and in increasing achievement levels.
Contact: Vinay Voorakarnam; vinay(at)rarusinnovations(dot)com
Repair Report successfully solves the common headaches of auto repair seeking drivers that have existed for decades through a powerful online platform. We accomplish this by asking Repair Report shops to publish diagnosed vehicle details online where competing Repair Report shops can view the diagnosis and pay to place a custom offer on qualified leads. Through the unique solutions only offered by Repair Report, drivers sidestep the common headaches of the repair process by receiving multiple repair offers with a single interaction with a repair shop.
Contact: Jamison Hill; jamison(at)repairreport(dot)com
Revolt! is a small batch craft distillery with a unique and differentiated product line located in Olympia, Washington. We specialize in liquor products that encompass the unique culture of the Pacific Northwest and its regional expertise. Revolt! cuts to the heart of a problem that is appearing everywhere. People want products as unique as they are.
Contact: Andrew Johnson; andrew.scott.johnson.1(at)asu(dot)edu
Website: Coming Soon
We transfer our own patents via customized prototypes, and direct interaction with the customer in need of a "nanotech" solution. Our nanotech solutions include controlling fogging on vision wear and medical scopes, as well as controlling blood and biological debris accumulation on medical scopes and implants.
Contact: Clarizza Watson; cwatson(at)sio2nanotech(dot)com
Solar Stream Innovations
We are redefining what solar thermal has to offer as an increasingly cost effective way to provide heating, as well as offer a high performance component to a cost effective solar cooling system. We are developing a patent pending means to collect solar energy, without lenses, mirrors, or pumps, to a single point utilizing low cost evacuated tube technology that increases the cost effectiveness of heat driven cooling.
Contact: Jeffrey Lee; JeffLee5761(at)gmail(dot)com
T7 thrives on developing innovative new concepts for use in education and business. We provide a way for children’s book publishers to dramatically increase the value of their book by providing a patented technique where multiple reading levels are included in a single book. This provides additional learning stimulation thereby increasing the time of relevance for the book to the child.
Contact: Tom Hertig; thertig(at)cox(dot)net
UP: The Elevating Wheelchair
UP is an elevating manual wheelchair for paraplegic manual wheelchair users who desire extra height in order to reach high items and speak with others at eye level. Most wheelchair manufacturers do not offer height adjustable wheelchairs, and the ones that do are bulky and can cost upwards of $10,000. Compared to standing wheelchairs on the market, UP elevates users quicker, easier, and at a third of the price.
Contact: Peter Georgiou, peter.georgiou(at)asu(dot)edu