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April 17th, 2008
Winning the $5,000 graduate award for innovation was TruSource Technologies of the University of Arkansas at Little Rock, a team that also competed earlier this month in the Rice University Business Plan Competition. Those students used nanotechnology to develop an anti-counterfeit sensor to be used by pharmaceutical companies.
"We've really learned a lot," said Enkeleda Dervishi.
The competition was conceived by Arkansas Capital Corporation Group in an effort to promote the development and commercialization of ideas and technologies at universities. In 2004, a grant from the Donald W. Reynolds Foundation provided funding, which also established similar competitions in Oklahoma and Nevada. The Arkansas Economic Acceleration Foundation, an affiliate company of the ACCG, manages the competition.
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