| UAH teams dominate state
in business plan competition
(4/23/2007)
The University of
Alabama in Huntsville placed four teams in the top eight in Alabama
Launchpad, a statewide business plan competition that is affiliated
with state universities.
These eight entries have been reduced from more than 60 entries in the
first round of competition. While UAH led the competition with four
teams, the University of Alabama at Birmingham had two entries, and
Auburn University also had two entries.
Below is a list of the teams with their affiliated institution, and a brief description of their business idea.
The Alabama Launchpad Finale will take place in May at the Dixon Conference Center on the campus of Auburn University.
Teams will present their business ideas to a panel of judges with
experience in venture capital and technology start-ups. The teams are
competing for a grand prize of $100,000 cash. Second place will receive
$50,000 and third place will receive $25,000.
• AT Biosciences, LLC. (UAH): Team is led by Dr. Jason Feng, a research
professor in the Department of Biological Science. AT Biosciences has
developed molecular biomarkers for academic research and clinical
diagnosis using a new patent-pending technology.
• Halo Research (UAH): Team is led by Mr. Chris Otto, a recent
Master of Science graduate from the Department of Electrical and
Computer Engineering. Halo Research has developed a wearable health
monitoring system that uses wireless technology to monitor health and
lifestyle of elderly.
• Intelligent Cellular Systems (UAH): Team is led by Mr. Aaron Hammons,
a recent graduate of UAH. The company has developed a compact,
precision cell-culture system that provides greater experimental
control, and reduces human error and costs.
• Q-Track (UAH): Team is led by Mr. Jerome Gabig. Mr. James
Fluhler, a current student at UAH, is also on the team. Q-Track uses
patented wireless technology to track people and physical assets
indoors on a real-time basis using near-field electromagnetic ranging.
• Distributed Carpet Nylon Recycling (Auburn): Team is led by
Dr. Paul Swamidass, a professor of Management at the Auburn University
College of Business. The company has developed a patented chemical
process for recovery and recycling of nylon from waste carpet.
• Facilitaire (UAB): Team is led by Mr. Ron Baldwin, a 2005 graduate of
the Master of Science in Electrical Engineering Program. Facilitaire
uses prototyped tools for improving communications between IT
professionals and business managers using a pay-for-use online
platform.
• Ocumedic (Auburn): Team is led by Dr. Mark Byrne, Assistant Professor
in the Department of Chemical Engineering. Ocumedic is a drug delivery
company with a proprietary, patent-pending technology that creates
therapeutic contact lenses for treatment of ocular diseases.
• Physician’s Innovations (UAB): Team is led by Mr. Marc Krawitz, a
graduate of the UAB Master of Business Administration Program. The
company is a systems integration firm specializing in Electronic
Medical Record (EMR) solutions for smaller medical facilities.
For more information: Ray Garner, (256)UAH-NEWS
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