Navigation Links
Rice University Engineering Students Pitch Projects to Local Venture Capitalists
Date:11/19/2009

HOUSTON, Nov. 19 /PRNewswire/ -- Twenty-five Senior Design Teams competed for prizes Thursday night at Rice University's Brown School of Engineering Elevator Pitch Contest. The purpose of the contest was to get students to think about the commercial viability of their designs before building prototypes. Teams had 60 seconds to pitch their design project to an audience of local venture capitalists and business leaders. They were judged on their ability to sell their project in a 60 second pitch. Students had to describe the market need or problem solved, design functionality, market viability and revenue potential.

"It's one thing to have a great idea, it's quite another to convince a room of seasoned venture capitalists that your idea is worth a second thought and that's exactly what these students did," said Tom Kraft of the Houston Technology Center. "Over several weeks, we coached students on how to get their ideas off the drawing board and into the marketplace and it all begins with a solid pitch."

The competition was organized by Dr. Maria Oden, Director of the Oshman Engineering Design Kitchen (OEDK), and Professor in the Practice of Engineering Education in Bioengineering, along with Dr. Gary Woods, Professor in the Practice of Electrical and Computer Engineering, and Dr. Marcia O'Malley, Assistant Professor, Mechanical Engineering and Materials Science.

The Houston Technology Center provided lectures and individual coaching to students throughout the semester in preparation for last night's event. Rice Alliance sponsored cash awards for the winning teams:

1st Place Winner - $1000 cash: Team Spatial Suspenders: Accelerating the fight against cancer into the third dimension

Project Description: Using nanotechnology to facilitate large scale three-dimensional cell cultures in order to grow more clinically relevant tumor samples for evaluating cancer treatments.

Team Members: Christopher Bertucci, Elizabeth Figueroa, Vani Rajendran, Joseph Rosenthal, David Sing

Senior Design Project sponsored by: n3D Biosciences

2nd Place Winner - $500 cash: Team Owl Eye: Combating a dangerous silence

Project Description: Developing a low cost, rugged, low-power vital signs monitor for use in developing world clinics.

Team Members: Iris Chu, Joanna Jan, Celestine Shih, Monika Sun, Cortlan Wickliff

Senior Design Project sponsored by: Beyond Traditional Borders

Team Owl Eye also received recognition by the Houston Technology Center for the most commercially viable project. They won year-long passes to HTC's Technology Champions meetings.

3rd Place Winner - $250 cash: Team IBD: Electrifying blood detection

Project: Developing a technology to non-invasively detect the potentially critical condition of internal bleeding during cardiac catheterization procedures in real time.

Team Members: Alex Arevalos, Marissa Brower, Andy Chang, Thomas Segall-Shapiro, Joel Khan

Senior Design Project sponsored by: Dr. Mehdi Razavi and the Texas Heart Institute

About the Houston Technology Center

Houston Technology Center (HTC), a business accelerator and the largest technology business incubator in Texas, accelerates the commercialization of emerging technology companies in the Greater Houston area. A 501(C)(3)non-profit organization, HTC assists Houston-based entrepreneurs within several key sectors: Energy, Information Technology, Life Sciences, Nanotechnology and NASA/Aerospace technologies, by providing in-depth business guidance, access to capital and service providers, and entrepreneurial education. For more information, visit www.houstontech.org.

Connect with us: www.houstontech.org

    Media Contacts:
    Kelly Weber
    Houston Technology Center
    (832) 476-9235
    kweber@houstontech.org

SOURCE Houston Technology Center


'/>"/>
SOURCE Houston Technology Center
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. University of Iowa professor identifies new eating disorder
2. University of Wisconsin Hospitals and Clinics Complete System-Wide Conversion to Masimo SET Pulse Oximetry Technology
3. University of Texas Study Details Lengthy Payment Delays for Medicare Part D Prescription Drug Claims, Confirming Need for Legislative Fix
4. Tulane University to receive $14M for international HIV/AIDS program
5. University of Nevada School of Medicine Professor Confirms Accuracy Through Validation Study Using the CSI Health Station Model 6K
6. Boston University School of Medicine researcher recipient of Memory Ride Grant
7. Loma Linda University Medical Center Selects Beryl to Manage Call Center Interactions for Womens Services Programs and Departments
8. Medina General Hospital and University Hospitals Agree to Pursue Affiliation
9. J.D. Power and Associates Reports: Hackensack University Medical Center Recognized as First Hospital to Achieve Distinction for Providing an Outstanding Inpatient Experience in All Four Service Areas
10. The First Incisionless Transoral Fundoplication for Treatment of Gastroesophageal Reflux is Performed in the U.S. at Ohio State University and Oregon Health & Science University Medical Centers
11. George Mason University professor receives $2.6 million NIH grant to study Alzheimers disease
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2017)... (PRWEB) , ... June 24, 2017 , ... Create a feel-good lyric music video in ... footage and sound in the timeline and write in the lyrics to any song. ProLyric ... back out. Each line of the text can be added modularly for optimal control. ProLyric ...
(Date:6/25/2017)... ... , ... With a heatwave currently bearing down on Northern California pushing temperatures to the maximum, ... ready is easy with laser hair removal. , The process of summer waxing and ... when all you want to do is get out, dive in and cool off. There ...
(Date:6/24/2017)... ... June 24, 2017 , ... Dr. Mitchell Mehlman and ... in Lake Ronkonkoma, Dental365 offers patients high-quality and affordable routine and emergency dental ... dentist fit into their patients’ busy lifestyles. Dental365 also gladly work with most ...
(Date:6/23/2017)... Alexandria, VA (PRWEB) , ... June 23, 2017 ... ... short of what is needed and will ultimately do significant harm to people ... care to everyone. , "While it leaves in place the Affordable Care ...
(Date:6/23/2017)... ... June 23, 2017 , ... The Military Officers Association of America (MOAA) ... of Veterans Affairs, retired Marine Col. Thomas G. Bowman. , Bowman currently serves as ... brings an intimacy with the issues and challenges veterans face with the VA. Following ...
Breaking Medicine News(10 mins):
(Date:6/7/2017)... 6, 2017  Diplomat Specialty Infusion Group, a brand of Diplomat ... its Iowa location. The ... now features an ISO 7 cleanroom—the standard needed to compound intravenous ... low level of pollutants. "Our ... and better serve our Iowa patients," said ...
(Date:6/1/2017)... , June 1, 2017 Nutriceutical Holdings (NH), ... Recommended Solutions (VRS), and KD Pharma Group have decided ... Holdings by KD Pharma Group. KD Pharma Group will ... option to acquire the entire company. "We ... They are committed to growing the NH companies by ...
(Date:5/26/2017)... DUBLIN , May 26, 2017  Endo International plc ... Campanelli , President and CEO, will represent the Company in ... Global Healthcare Conference on Tuesday, June 13, 2017 at 10:40 ... held at Terranea Resort in Rancho Palos Verdes, ... archive for the event will be available on the Company,s ...
Breaking Medicine Technology: