Navigation Links
Teams From Carnegie Mellon, Yale, Manitoba Win Tepper School's 2008 McGinnis Venture Competition
Date:3/21/2008

Winners Named in Three Categories: Sustainable Technology, Life Sciences,

Technology

PITTSBURGH, March 21 /PRNewswire/ -- The winners of the 2008 McGinnis Venture Competition, which awarded more than $140,000 in cash and business services, included teams from the host Tepper School of Business at Carnegie Mellon University, Yale University and the University of Manitoba, Canada.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070425/CARNEGIELOGO )

Each winner picked up a total of $20,000 in cash and another $25,000 in business services donated by several Pittsburgh-area law firms experienced in venture-backed business development.

"Our aim is to give the teams the best advice we can, from the top people in the fields of venture and angel investing and entrepreneurship, to enable their best chances at successfully launching their company," said Arthur Boni, director of the Donald H. Jones Center for Entrepreneurship at the Tepper School, which sponsors the competition.

The Tepper School team of Alberto Gandini and Salman Mukhtar won in the Life Sciences track by pitching a business called Tropical Health Systems, which aims to cure malaria with a medical device that purifies infected red blood cells using a magnetic filter.

The University of Manitoba team of Erin Yanchycki, Stephen Chamaa and Daniel Kozier won in the Technology track with Civitech, an early stage company developing a system of wireless sensors for monitoring environmental conditions in buildings. Their first product aims to monitor moisture inside building walls to prevent the growth of mold.

Yale's team of Stuart Murray, David Mueller and Jamie Spivey, won in the Sustainable Technology track with Ideal Energy, a plan to install small wind turbines on customers' properties and sell them the generated electricity at a 10 percent discount on prevailing utility rates.

A team from the University of Louisville's Department of Management and Entrepreneurship won the elevator pitch competition -- a separate $2,000 cash award -- with Partum Group LLC, a medical device to help physicians monitor the birth process.

The McGinnis Venture Competition continues to expand internationally. This year, one quarter of competing teams came from outside the U.S., including teams from India, China, Germany, Colombia and Canada. Helping to fuel the international growth is Tepper School alumnus Sarosh Kumana (MSIA, 1977), who sponsored the Sustainable Technology track again this year.

Kumana, founder of the Foundation for a Sustainable Future (http://www.sustainable-future.org), helped sponsor the Al Gore Sustainable Technology Venture Competition in India, which produced the two Indian teams competing in the McGinnis Competition.

In its fifth year, the McGinnis Venture Competition attracts teams from the world's top MBA schools to compete for prizes that include cash and legal services from Pittsburgh's top venture-minded community. The annual McGinnis Venture Competition is made possible by an endowment from Gerald E. McGinnis, a successful entrepreneur and founder of Respironics Inc.

Founded in 1949, the Tepper School of Business at Carnegie Mellon (http://www.tepper.cmu.edu) is a pioneer in the field of management science and analytical decision-making. The school's notable contributions to the intellectual community include six Nobel laureates and a consistent presence in the top tier of business school rankings. The Wall Street Journal recently ranked the Tepper School as the fifth-best business school in the United States.


'/>"/>
SOURCE Tepper School of Business at Carnegie Mellon
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Varian Medical Systems Teams With Cogent Health Solutions to Offer Case Management Software for Cancer Survivorship
2. Nasdaq Hearings Panel Grants TeamStaffs Request for Continued Listing Subject to a Reverse Stock Split
3. Pepperdine Business Plan Competition Awards $26,000 to MBA Teams
4. Professional Quarterback Matt Leinart Teams Up With American Red Cross to Promote CPR/AED Awareness
5. Have the Last Laugh on Allergies This Season: Actress Molly Shannon Teams with The Allergy Foundation to Talk About Allergies
6. Orthocrat Teams up With WebOps to Advance Orthopedic Pre-Surgery Planning
7. Figure Skater Peggy Fleming Teams With HealthSaver: Healthy Sleep Tips for a New You in 2008
8. Teamsters Warn of Possible Work Stoppages, Service Disruptions at AmerisourceBergen
9. Anthem Blue Cross and Blue Shield Teams with the State of Indiana to Combat Obesity
10. Communicating Clinical Trial Data: Timing Remains Key Challenge for Marketing Teams
11. Citi-Mobile Teams Up With National Autism Association to Raise Autism Awareness
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... ... 2016 , ... Global law firm Greenberg Traurig, P.A. announced that 20 Florida ... their peers for this recognition are considered among the top 2 percent of lawyers ... as members of this year’s Legal Elite Hall of Fame: Miami Shareholders Mark ...
(Date:6/24/2016)... , ... June 24, 2016 , ... ... at the Clinical Decision Making in Emergency Medicine conference in Ponte Vedra Beach, ... journal articles published in Emergency Medicine Practice and Pediatric Emergency Medicine ...
(Date:6/24/2016)... ... June 24, 2016 , ... Venture Construction Group (VCG) ... held on June 20th at the Woodmont Country Club at 1201 Rockville Pike, Rockville, ... dedicated to helping service members that have been wounded in battle and their families. ...
(Date:6/24/2016)... ... June 24, 2016 , ... Southern Illinois University School ... for the Illinois State Dental Society (ISDS) Foundation’s Mission of Mercy (MOM). They ... Center in Collinsville. , They expect to treat approximately 2,000 patients ...
(Date:6/23/2016)... ... June 23, 2016 , ... An article ... a possible link between head and neck cancer in individuals with unhealthy oral hygiene ... were evaluated based on whether they had gum disease, brushed their teeth on a ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... 23, 2016 , , , ... 7, 2016 , , , , LOCATION: , , , ... , , , EXPERT PANELISTS:  , , , Frost & Sullivan,s ... Christi Bird; Senior Industry Analyst, Divyaa Ravishankar and Unmesh Lal, Program ... global pharmaceutical industry is witnessing an exceptional era. Several new demand ...
(Date:6/23/2016)... 2016 The vast majority of dialysis patients ... Treatments are usually 3 times a week, with treatment ... travel time, equipment preparation and wait time.  This regimen ... for patients who are elderly and frail.  Many elderly ... rehabilitation centers for some duration of time. ...
(Date:6/23/2016)... 23, 2016 Leading BioSciences Inc., a ... conditions resulting from a breakdown of the mucosal ... Greg Doyle as chief executive officer. Mr. ... management team and board of directors, previously served ... He will provide continued leadership and strategic direction ...
Breaking Medicine Technology: