Wednesday, April 16, 2014

UNM Business Plan Competition Winners

UNM's Business Plan Competition took place at the Anderson School of Management on April 11. The thirteen teams  in the university-wide competition presented their plans to experienced venture capitalists and angel investors who selected three prize-winning proposals for both the Technology Ventures track and Entrepreneurial track. The winning teams were announced at the Awards Reception and Banquet at the Embassy Suites Hotel. $75,000 in total prize funds were awarded to the aspiring entrepreneurs for start-up funding.

The winners were as follows:

Entrepreneurial 1st Place Winners: The StarWrap

Entrepreneurial Track - First Place: The StarWrap; Second Place: Crowdfund 4 Me Now; Third Place: Hydrotouch

Technology Ventures Track 1st Place Winners: Postgrad App

Technology Ventures Track - First Place: Postgrad App; Second Place: Ground State; Third Place: As Girls Grow

The competition encourages student teams from all UNM schools to utilize the wealth of technological innovations developed in New Mexico federal laboratories and universities. Technology Ventures teams utilize technology from Sandia and Los Alamos National Laboratories, from STC.UNM, or their own source with which to create a new business venture. Entrepreneurial teams create new small firms in business not involving intellectual property.

Next year's event will take place on March 27, 2015, and will be the tenth anniversary of the Business Plan Competition.