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:2/10/2016)... ... February 10, 2016 , ... As part of its ongoing ... February 2016. Each webinar features a dynamic expert and thoughtful presentation to give ... patients and facilities. Both events are free to attend, but registration is ...
(Date:2/10/2016)... (PRWEB) , ... February 10, 2016 , ... ... American Academy of Emergency Medicine , an emergency medicine professional association, ... practice management services . , The American Academy of Emergency Medicine, or AAEM, ...
(Date:2/10/2016)... ... February 10, 2016 , ... The Wickman Agency in ... assist the local community. Pledging to select a new beneficiary every 60 days, ... area. Their goal is to bring community awareness to important local causes by ...
(Date:2/10/2016)... , ... February 10, 2016 , ... 10 Best ... There were three leading bottled water brand owners that topped the list as a ... connectivity and optimize conversion. The premier brand was Tibet 5100, a top notch water ...
(Date:2/10/2016)... ... February 10, 2016 , ... Dr. Jessica Barron, of ... is now accepting new dental patients and families in the North Metro Denver area. ... services from cleanings to cosmetic dentistry, and all in the most relaxing environment. , ...
Breaking Medicine News(10 mins):
(Date:2/10/2016)... Association, in partnership with ALS Finding a Cure, is pleased ... track TDP43 aggregation. The successful team(s) with the most developed ... --> --> ALS is ... brain and the spinal cord. Eventually, people with ALS lose ... leads to total paralysis and death within two to five ...
(Date:2/10/2016)... Feb. 10, 2016 Convergence scenarios ... of various technologies that results in diverse ... These opportunities create a cyclical system where ... drives the development of new technologies. ... by technology convergences, which are constantly fostering ...
(Date:2/10/2016)... 10, 2016 Antibacterial Drugs Market - ... - 2023 ", reveals that the global antibacterial drugs market ... to 2023 owing to patent expiries of blockbuster drugs. Even ... during the forecast period, the value is anticipated to decline ... --> Antibacterial Drugs Market - Global Industry Analysis, ...
Breaking Medicine Technology: