Spring Break
Business competition held for start-ups
Joshua Kurtz
Issue date: 7/3/09 Section: News
All three start-up businesses that placed in the competition receive space in the Baiada Center as part of their prize.
Previous businesses to receive prize money from the Incubator competition include Ompay, which developed the parking meter Smart Card, and Renaissance Scientific, which is hoping to produce a gel made from an ingredient in toothpastes and other consumer products that can kill HIV and other sexually transmitted diseases.
Other businesses include Lymphedivas, which has designed fashionable medical garments for cancer survivors, particularly female breast cancer survivors with lymphodora, a condition that can cause swelling in the arm or other body parts; Connexus, which developed a Web portal where people can pray for and support others online; and Crossrate Technology, which created an enhanced GPS system that is more reliable for use on boats.
The Baiada Incubator Competition featured presentations from the start-up businesses, a panel discussion, and other activities, as well as had the theme "from blues to prosperity," in reference to the current economy. Blues music was played during the event to highlight the theme.
The Incubator competition entrants were determined in the previously held Baiada Business Plan Competition. The Baiada Center also holds a Business Concept Paper and Pitch Competition, which includes teams that do not plan to start a company.
The vast majority of the prize money in the competitions comes from the Baiada Center, according to Loschiavo, while some money also comes from sponsors and other donors.
The Baiada Center has no immediate plans to institute new competitions, though they are open to new events.
"We're always looking at the possibility of new competitions and new twists," Loschiavo said.
The award ceremony was held at World Cafe Live.
Previous businesses to receive prize money from the Incubator competition include Ompay, which developed the parking meter Smart Card, and Renaissance Scientific, which is hoping to produce a gel made from an ingredient in toothpastes and other consumer products that can kill HIV and other sexually transmitted diseases.
Other businesses include Lymphedivas, which has designed fashionable medical garments for cancer survivors, particularly female breast cancer survivors with lymphodora, a condition that can cause swelling in the arm or other body parts; Connexus, which developed a Web portal where people can pray for and support others online; and Crossrate Technology, which created an enhanced GPS system that is more reliable for use on boats.
The Baiada Incubator Competition featured presentations from the start-up businesses, a panel discussion, and other activities, as well as had the theme "from blues to prosperity," in reference to the current economy. Blues music was played during the event to highlight the theme.
The Incubator competition entrants were determined in the previously held Baiada Business Plan Competition. The Baiada Center also holds a Business Concept Paper and Pitch Competition, which includes teams that do not plan to start a company.
The vast majority of the prize money in the competitions comes from the Baiada Center, according to Loschiavo, while some money also comes from sponsors and other donors.
The Baiada Center has no immediate plans to institute new competitions, though they are open to new events.
"We're always looking at the possibility of new competitions and new twists," Loschiavo said.
The award ceremony was held at World Cafe Live.
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