Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > From Dreams and Sweat: University of Maryland Announces Finalists for Its $50K Business Plan Competition

Abstract:
For some the dream is now a well-crafted plan. For others, years of research are culminating in a commercial idea. Others are vetting ideas for future products.

From Dreams and Sweat: University of Maryland Announces Finalists for Its $50K Business Plan Competition

COLLEGE PARK, MD | Posted on March 28th, 2007

They're solving problems: how to reduce medical errors, how to dispose of aging satellites.

They're offering cures: a smallpox treatment; rapid, nanotechnology-based wound healing; nanoparticles for better vaccine delivery; and small, wireless, wearable devices to monitor hospital patients' vital signs.

They're teaching: with an educational kit for Microelectromechanical Systems (MEMS) instruction, and a Web 2.0-like online learning community.

The nine finalists for the University of Maryland $50K Business Plan Competition, announced today, will present their business plans to a distinguished judging panel comprised of the region's entrepreneurial and technology leaders on April 27, at the University of Maryland.

The finalists are:

Faculty and Graduate Student Division

* Accelign is a company developing technology that quickly fuses or "registers" medical images from multiple sources to create a single, three-dimensional image. Fusing images through Accelign's hardware accelerator gives doctors the ability, using existing imaging equipment, to see the metabolic activity of positron emission tomography (PET) scans, as well as the high resolution anatomical structure of computed tomography (CT) scans, all in one image—resulting in more accurate diagnoses and pre-operative planning.

* BioFactura Inc. is a biopharmaceutical development company focused on solving unmet medical and national security needs in the infectious disease arena. Key programs include human therapeutics and biomanufacturing technologies. The company's lead initiative is the development of a novel smallpox therapeutic composed of synthetic, fully human antibodies that have been demonstrated to neutralize poxvirus. This program is under development in close collaboration with the U.S. Army Medical Research Institute of Infectious Diseases at Ft. Detrick, Md.

* Remedium Technologies Inc. is a company developing active wound care products. Based on proprietary technology, Remedium utilizes nanometer-sized containers, anchored to a wound dressing, to deliver therapeutic agents to a wound in a time-controlled manner. Those agents can include both tissue regeneration and anti-infection products.

* SD Nanosciences Inc. is a spin-off of the University of Maryland with a proprietary "Triad" technology that has applications in vaccines, cancer diagnostics, and specialty research probes. Triad combines carbohydrates and protein on nanoparticles in a controlled and logical way. SD is developing its platform technology; the company's planned initial products include a vaccine platform, an optical fiber-based diagnostic test, and a biosensor for glycoprotein bioprocessing.

Young Alumni Division

* Aid Networks LLC (AIDN) is a seed stage medical device R&D company developing small, portable, wireless, wearable vital sign monitors for hospital patients. AIDN's patent-pending monitors are 15 times less expensive than existing products. Multicenter clinical trials are currently being conducted at the Washington Hospital Center, Johns Hopkins Hospitals, and Harvard Beth Israel.

* Erudition is a company developing an online learning community dedicated to providing users with the tools to create and share study materials with classmates, as well as give users the opportunity to enroll in interactive online courses.

* Geo-Haul Inc. is developing the Space-Tug, which functions as a tow truck for aging satellites, enabling their proper disposal. The Space-Tug utilizes robotic arm technology developed in the University's Space Systems Laboratory. Geo-Haul's system can dispose of satellites at a fraction of the cost of other solutions offering to comply with U.S. satellite disposal regulations.

Undergraduate Student Division

* IMPACT Education LLC develops low-cost educational kits that university professors can use to teach MEMS fabrication outside of expensive laboratory facilities. While those facilities can cost millions of dollars to build, IMPACT's educational kit will cost $500.

* Medical Error Reduction through Information Technology (MERIT) is a company developing Meritrack, a low-cost, scalable, and flexible total procedural healthcare systems solution that will reduce human error in healthcare and support efficiency in clinical record keeping. Meritrack will integrate mobile computing, RFID tracking, and relational database technologies into existing clinical and hospital infrastructures.

####

About University of Maryland
The University of Maryland $50K Business Plan Competition, now in its seventh year, promotes the commercialization of innovative ideas and University-created technologies by offering faculty, students, and alumni prizes for the best new venture plans. The Competition emphasizes learning by offering one-to-one coaching for finalists, as well as the experience of presenting ideas to an experienced panel of judges.

The Competition has historically awarded a total of $335,000 in prizes to faculty, students, and alumni to launch innovative new ventures. Companies active in the Competition have generated millions in revenues, grants and awards. Past winners include Chesapeake PERL Inc., AnthroTronix Inc., Affiliate Classroom, and Squarespace Inc.

For a complete listing of persons comprising each finalist team, please visit http://www.bpc.umd.edu .

For more information, please click here

Contacts:
University of Maryland
Editors Contact:
Eric Schurr, 301-405-3889

Copyright © Business Wire 2007

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Nanomedicine

Creation of 'Rocker' protein opens way for new smart molecules in medicine, other fields December 18th, 2014

Iranian Researchers Produce Electrical Pieces Usable in Human Body December 18th, 2014

Unraveling the light of fireflies December 17th, 2014

First Home-Made Edible Herbal Nanodrug Presented to Pharmacies across Iran December 17th, 2014

Sensors

Promising new method for rapidly screening cancer drugs: UMass Amherst researchers invent fast, accurate new nanoparticle-based sensor system December 15th, 2014

Graphene Applied in Production of Recyclable Electrodes December 13th, 2014

Detecting gases wirelessly and cheaply: New sensor can transmit information on hazardous chemicals or food spoilage to a smartphone December 8th, 2014

Nanosensor to Detect Naproxen Drug Produced in Iran December 6th, 2014

Announcements

Creation of 'Rocker' protein opens way for new smart molecules in medicine, other fields December 18th, 2014

How does enzymatic pretreatment affect the nanostructure and reaction space of lignocellulosic biomass? December 18th, 2014

Silicon Valley-Based Foresight Valuation Launches STR-IP™, a New Initiative for Startups to Discover the Value of Their Intellectual Property December 18th, 2014

Iranian Scientists Use Nanotechnology to Increase Power, Energy of Supercapacitors December 18th, 2014

Human Interest/Art

Longhorn beetle inspires ink to fight counterfeiting November 5th, 2014

Iran-Made Respiratory Nano Masks Provided to Hajj Pilgrims October 23rd, 2014

Japanese gold leaf artists worked on a nano-scale: Study demonstrates X-ray fluorescence spectroscopy is a non-destructive way to date artwork July 3rd, 2014

Harry Potter-style invisibility cloaks: A real possibility next Christmas? Forget socks and shaving foam, the big kids of tomorrow want an invisible cloak for Christmas December 19th, 2013

Grants/Awards/Scholarships/Gifts/Contests/Honors/Records

SUNY Poly NanoCollege Faculty Member Selected as American Physical Society Fellow: SUNY Poly Associate Professor of Nanoscience Dr. Vincent LaBella Recognized for Significant Technological Innovations that Enable Interactive Learning December 17th, 2014

“Line dancing bacteria win the 2014 Dolomite and Lab on a Chip Video Competition” December 16th, 2014

Lifeboat Foundation gives 2014 Guardian Award to Elon Musk December 16th, 2014

UCLA engineers first to detect and measure individual DNA molecules using smartphone microscope December 15th, 2014

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE