University of Maryland Company Trauma Solutions Named Finalist in $250K Draper Fisher Jurvetson and Cisco Systems Global Business Plan C...(ial. Finalists for the Draper Fis...),Health

Finalists for the Draper Fisher Jurvetson and Cisco Systems Competition will compete from their respective geographic areas via Cisco TelePresence(TM) on June 30. The winning team will receive a minimum seed investment of $250,000.

"The selection of Trauma Solutions as a finalist for this competition only corroborates and reinforces the qualities that judges saw in the company just last month when it walked away with a first place prize in our own rigorous competition," says Dean Chang, director of the Maryland Technology Enterprise Institute's ventures and education programs. "Trauma Solutions is yet another example of the importance of university venture creation resources and programs like those at the University of Maryland that act as launch points for promising technologies with genuine potential to address billion dollar needs and pain points in our society."

Finalist selection was based on various criteria including quality of management team, technical innovation, addressable market size, competitive positioning, barriers, capital efficiency, and financial projections. Most finalists are still in the early stages of business development. In addition to the financial investment awarded to the winner, both DFJ and Cisco will assist the winner and finalists in leading the next wave of disruptive technologies by providing mentorship and professional assessments regarding their submissions.

"Clearly global innovation doesn't stop for recessions," says Tim Draper, managing director, DFJ. "These promising candidates are reminding us that there are pioneering companies out there, even in difficult times, and we hope that one of these teams creates the next Skype, Google, Facebook, Baidu or Cisco. This competition fosters a culture of entrepreneurship that has a lasting impact, and its benefits are felt not just by the winning team but by all participants. We look forward to continu
'/>"/>