Bellingham, Washington, USA (PRWEB) January 10, 2014
Two dozen aspiring entrepreneurs who are out to change the world through photonics and build careers in the process have been named as semi-finalists in the 2014 SPIE Startup Challenge.
The semi-finalists will compete in a pitch contest before a panel of business development experts and venture capitalists at SPIE Photonics West in San Francisco in February. Winners will be announced at the event.
Top prize is $10,000 plus $5,000 in credit toward equipment from Edmund Optics. The second-place finisher will win $5,000, and the third $2,500. Cash prizes are funded by Founding Sponsor Jenoptik with additional support from Trumpf, Open Photonics, and Knobbe Martens.
SPIE will provide support for winners to attend a week-long entrepreneur “boot camp” for further help in refining their ideas.
This year’s semi-finalists include:
Live finals will be held at 3:30 p.m. on Wednesday 5 February in the Moscone Center. Registration to attend is free of charge.
Also at Photonics West, Arun Chhabra, co-founder of 2013 SPIE Startup Challenge winner 8tree, will introduce a panel discussion on “What Startups Need to be Successful.” The panel, moderated by Andrea Belz of Belz Consulting, will be held on Monday 3 February at 2:30 p.m., and is accessible with free registration.
The Startup Challenge and other industry events focused on photonics commercialization complement a new virtual technical symposium on Translational Research chaired by Bruce Tromberg, director of the Beckman Laser Institute and Medical Center. The Translational Research program highlights papers from the BiOS symposium that address the latest photonics technologies, tools, and devices that have high potential for clinical use.
SPIE is the international society for optics and photonics, a not-for-profit organization founded in 1955 to advance light-based technologies. The Society serves more than 235,000 constituents from approximately 155 countries, offering conferences, continuing education, books, journals, and a digital library in support of interdisciplinary information exchange, professional networking, and patent precedent. SPIE provided $3.2 million in support of education and outreach programs in 2013.