WINNERS of the 2010 NEW VENTURE CHAMPIONSHIP
The 2010 New Venture Championship (NVC) was held on April 8th-10th, 2010 at the historic Multnomah hotel in Portland, Oregon. Teams from 4 countries around the world were selected to come and compete for approximately $60,000 in total prize money.
Over 120 teams submitted intents to compete; 20 teams were selected to compete in Portland. First place and the champion of the New Venture Championship went to NanoMark Therapeutics of the University of Louisville receiving $25,000 in prize earnings. Congratulations to NanoMark Therapeutics and thanks to all the teams and volunteers who made the 19th annual New Venture Championship such a success.
2010 Winners
$25,000 First Place Winner NanoMark Therapeutics Venture: NanoMark Therapeutics
Concept: NanoMark Therapeutics has developed AUra, for the treatment of ovarian cancer. AUra targets cancer cells only, minimizing negative side effects to healthy cells. AUra also reduces dosage requirements 200-fold. AUra passed Round 1 of animal testing with compelling results. This patent-pending drug can treat and diagnose 12 different cancer types.
Team: Sham Kakar, Gary Degen, Cohin Kakar, Dave Noack and Viji Sundar
Faculty Adviser: Professor Van Clouse |  |
$10,000 Second Place Winner University of Oregon Venture: Mosaic Genetics
Concept: Mosaic Genetics LLC is bringing to market a new drug discovery tool, in the form of a genetically engineered mouse, which will allow scientists to unlock the secrets of cancer at the cellular level. In short, our proprietary mouse provides researchers the information they need develop better anti-cancer drugs faster.
Team: Elizabeth Holsapple, Nick Boehm and Yonatan Schultz
Faculty Adviser: Don Upson |  |
$2,500 Third Place Winner University of Arkansas Venture: Green Valley Solar
Concept: Green Valley Solar is commercializing a patented technology to bring down the price of solar generated electricity through reduced manufacturing costs. Our process is protected by four patents with an additional patent pending and relies on standard equipment allowing low adoption costs and fast payback period.
Team: Douglas Hutchings, Brent Bertelsen, Stephen Ritterbush and Seth Shumate
Faculty Adviser: Carol Reeves |  |
$2,000 Runner-Up (2)
Cornell University
Venture: Bombyx Technologies
Concept: Bombyx Diagnostics is developing a platform technology that can produce smaller, cheaper, faster, and more accurate medical diagnostic tests. The test can be used to detect disease such as heart, brain, and cancer early and accurately which will save lives and reduce the cost of health care.
Team: Benjamin Rollins and Brian Lawrence
Faculty Adviser: Rich Newman
Purdue University
Venture: Microfluidic
Concept: At Microfluidic Innovations LLC, we have identified a viable gap in the Lab-on-a Chip (LoC) market. LoC devices have diverse applications, including clinical diagnostics, biochemistry, drug discovery, and more. We will deliver the first ever general-purpose, programmable microfluidic LoC (GPLoC), significantly reducing cost and time to conduct biochemical experiments.
Team: Leonard Kim and Samir Sahoo
Faculty Adviser: Mithuna Thottethodi
Tektronix - Elevator Pitch Awards
$1,000 First place: UNIVERSITY OF LOUISVILLE - NanoMark Therapeutics
Tektronix - Trade Show Award
$1,000 first place: JOHN HOPKINS UNIVERSITY - Cortical Concepts
Palo Alto Software - Best Written Business Plan Award
$1,000 First place: UNIVERSITY OF ARKANSAS - Green Valley Solar
Lightning Round Awards
$1,250 track winner (5):
UNIVERSITY OF MANITOBA - A2K Technologies
UNIVERSITY OF ILLINOIS AT CHICAGO - Thermal Conservation Technologies
SASIN GRADUATE INSTITUTE OF BUSINESS ADMINISTRATION OF CHULALONGKORN UNIVERSITY - Mielixir
TULANE UNIVERSITY - SafeSnip
BOISE STATE UNIVERSITY - R2EV
All other teams in the Lightning Round received a $500 runner-up prize
Past Winners