UNM BUSINESS PLAN COMPETITION STUDENT TEAMS WIN $75K IN PRIZE FUNDS
April 22, 2014
(Albuquerque, NM) The UNM Business Plan Competition took place at the Anderson School of Management on April 11. The thirteen teams in the university-wide competition presented their plans to over forty experienced venture capitalists and angel investors who selected three prize-winning business proposals for both the Technology Ventures and Entrepreneurial Ventures tracks. The winning teams were announced at the Awards Reception and Banquet at the Embassy Suites Hotel. $75,000 in total prize funds was awarded to the aspiring entrepreneurs for start-up funding.
The competition encourages student teams from all UNM schools to utilize the wealth of technological innovations developed in New Mexico federal laboratories and universities. Technology Ventures teams utilize technology from Sandia and Los Alamos National Laboratories, from STC.UNM, or their own source with which to create a new business venture. Entrepreneurial teams create new small firms in business not involving intellectual property.
Next year's competition will take place on March 27, 2015, and will be the tenth anniversary of the UNM Business Plan Competition.
Winners - Technology Ventures Track
Lockheed Martin / TVC / Sandia National Labs 1st place ($25,000) - Postgrad App - Adam Brown (BBA, Entrepreneurship), Connor Denman (BSCS), Adam Ornelas (BA, Pol Sci)
Postgrad App is a social networking app unlike anything out there that connects you to people, places, and possibilities.
CAaNES / TIP Endowment 2nd place ($20,000) - Ground State - Michelle Urban (MBA), Alexandria Haddad (BSCE), John-Mark Collins (BSCE), Justin Johnston (BSEE), Julian Lucero (BSCE), and Conrad Woidyla (BSCE)
Ground State is an internet-of-things-inspired big data analysis company. Our technology platform, Drive Pilot, takes advantage of connected and enabled sensor data in passenger vehicles.
Jeff Van Dyke / Hartman Publishing 3rd place ($15,000) - As Girls Grow - Akamee Baca Malta, (BSME), Terri Nikole Baca (JD)
Our team has designed a line of toys that use engineering concepts to encourage girls to be creative thinkers and problem-solvers. Girls learn while having fun, encouraging and growing in STEM fields.
Winners - Entrepreneurial Ventures Track
Don Chalmers Ford 1st place ($7,500) - The StarWrap - Roxanne Blair (MALAS), Tait Yoder (BA, Univ Studies), Experienced Partner; Ashley Yoder (MALAS)
The StarWrap System combines a wearable massage tool for active adults with a certification program for fitness trainers and massage therapists, resulting in optimal muscle health for our customers.
City of Albuquerque 2nd place ($5,000) - Crowdfund 4 Me Now - Kevin Klein (MBA, MOT), Saheb Saini (MBA, MOT), Ryan Brown (MBA, MOT)
We are a new crowdfunding platform based in New Mexico that works directly with campaign creators. Our campaigns are the highest quality, and we strive to have the highest success rate.
Don Chalmers Ford 3rd place ($2,500) - Hydrotouch - Fernando Rodriguez (BSEE), Jhett Browne (BA, Econ), Jon Montoya (BSEE), Amanda Gonzalez (BSCE), Chloe Andrews (BA, Psy), Armeta Sidhu (BSEE), Garrett McDonnell (BBA)
The Hydro-Touch Shower will be a digital interface that allows the user to control pressure and temperature via a waterproof LCD screen. It is designed to be retro-fitted onto existing pipes.
For complete competition details please visit http://bizplan.unm.edu.
The Anderson School of Management at the University of New Mexico is dedicated to excellence in professional management education. At the Anderson School, faculty, staff, and students are committed to shaping the intellect and character of the next generation of business leaders, advancing the knowledge and practice of management, promoting economic development, and building a vibrant intellectual community that serves the highest and best interests of all our stakeholders.
The School was founded in 1947 and now offers more than a dozen concentrations at the BBA and MBA levels and is accredited by the Association to Advance Collegiate Schools of Business in the top 20% of business schools in the nation. The School is funded by the State of New Mexico and further support is generated by The Anderson School of Management Foundation. For more information, the public can visit www.mgt.unm.edu, email email@example.com, or call (505) 277-6471.
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