News: Five UW spinoffs among finalists in Governor’s Business Plan Contest

Startups that emerged from the University of Wisconsin—Madison will vie for the top prize at the Governor’s Business Plan Contest this week during the 14th annual Wisconsin Entrepreneurs’ Conference in Madison.

On June 7, each contestant will deliver a seven-minute pitch on their business plan at the Alliant Energy Center. Awards will be announced June 8.

The 13 contestants emerged from about 200 entries and three rounds of judging in the contest organized by the Wisconsin Technology Council, which produces the event in conjunction with partners and sponsors. Statewide, the finalists include systems and applications to authenticate and standardize bioactive compounds in foods and supplements, analyze water utility real-time information, and remove compostable products.

Read the full story here.

‘Diligent Dozen’ selected to present live June 7 at Wisconsin Entrepreneurs’ Conference

Finalists representing diverse tech-based sectors in Wisconsin’s startup economy will present live to judges in the Governor’s Business Plan Contest during the 14th annual Wisconsin Entrepreneurs’ Conference in Madison.

The 13 contestants (the total includes one tie) have emerged from three rounds of judging in the contest organized through the Wisconsin Technology Council, which produces the contest in conjunction with its partners and sponsors. The contest began in late January with about 200 entries; about 3,350 entries have been received since the contest began in 2004.

This year’s finalists will deliver seven-minute pitches on their business ideas beginning 3:15 p.m. Tuesday, June 7, during the conference. Winners will be announced June 8 during a closing luncheon. To register for the conference at Madison’s Alliant Energy Center, visit www.WiTrepsConference.com.

Software and business service plans include systems and applications to authenticate and standardize bioactive compounds in foods and supplements; analyze water utilities’ real-time information; and remove compostable products.

Entries focused on social or educational innovations include platforms to track weightlifting performance data; vote and communicate with local government; and raise money for K-12 schools.

Manufacturing ideas include technologies for on-site treatment of industrial wastewater; a disposable nozzle for two-part adhesives; a three-dimensional metal printer to enable high resolution manufacturing within a large build volume; and an inflatable life jacket for water sports.

Health-related plans include a robotic-computed tomography device for equine veterinarians; anti-CRR9 antibodies to inhibit lung and pancreatic tumor growth and sensitize tumors to chemotherapy; and assay technologies enabling the prediction of clinical treatment response for multiple myeloma and other blood cancer patients.

Entries were submitted in four categories: Advanced Manufacturing, Business Services, Information Technology and Life Sciences.

Finalists submitted full business plans for review by a panel of more than 100 judges. Each plan describes the core product or service, defines the customer base, estimates the size of the market, identifies competition, describes the management team and provides key financial data.

Sponsors are contributing cash, office space, legal assistance, accounting, information technology consulting, marketing, prototyping, web design, event space and more. About $2.2 million in cash and in-kind prizes have been awarded since the inception of the contest in 2004.

Lead sponsors of the 2016 contest thus far include 3Rhino Media; American Family Insurance; American Transmission Co.; Ascendancy Advisors; AT&T; BizTimes; Madworks Co-working; Michael Best & Friedrich; Pieper Properties; Quarles & Brady; Racine Metal-Fab; Reinhart Boerner Van Deuren; SCORE Wisconsin; University Research Park; Vertz Marketing; Ward4; Whitewater University Technology Park; and the Wisconsin Economic Development Corp.

Associate sponsors include 100state; Cresa Madison; Keane Consultants; Kinetic Compliance Solutions; Kollath CPA; Makin’ HEY Communications; Midwest Prototyping; Murphy Desmond; Neider & Boucher; Smith & Gesteland; and Wisconsin Public Radio. Additional sponsors are Aberdean Consulting; BizStarts; Bublrbikes; Evolution; EZ Office Supplies; Fine Point Consulting; Madison BCycle; Madison Gas & Electric; PowerBuy 4 You; Red Arrow Production; State of Wisconsin Investment Board; Summit Credit Union; UW-Madison Office of Corporate Relations; Wisconsin Alumni Research Foundation; and the Wisconsin Technical College System. To become a sponsor, contact Cassidy Wartenweiler at 608-442-7557.

The 2016 “Diligent Dozen” are listed below. Reporters wishing to contact individual contestants may do so through the Wisconsin Technology Council by calling 608-442-7557.

 

Submission Name First Name Last Name City
Asto CT David Ergun Madison
Classmunity Alana Platt Whitefish Bay
Complete Phytochemical Solutions LLC Christian Krueger Cambridge
Compost Crusader LLC Melissa Tashjian Milwaukee
Essential Biotechnology LLC Michael James Big Bend
Hyde Pat Hughes Elm Grove
Iconac Harrison Richarz Milwaukee
Linectra Brandon Walker Madison
Lynx Biosciences Chorom Pak Madison
Mikroflot Technologies Jose Ramirez Milwaukee
POLCO Nick Mastronardi Madison
WeightUp Solutions Daniel Litvak Madison
Xemex Mixer Eric Ronning Madison

 

From software to medical devices to water, Biz Plan Contest finalists show state’s tech range

Twenty-seven entries representing sectors as broad as software, agriculture, water technology, medical devices and innovations in manufacturing are competing in the finalist round of the 13th annual Wisconsin Governor’s Business Plan Contest.

The contestants have survived two rounds of judging in the contest organized through the Wisconsin Technology Council and its sponsors and volunteers. A lead sponsor is the Wisconsin Economic Development Corp.

“This is an exciting range of finalists that are emblematic of Wisconsin’s vibrant entrepreneurial ecosystem,” said Toni Sikes, Tech Council chairwoman. “Few contests can blend together industries as varied as life sciences, composting and music.”

Software and business service plans include systems and applications to authenticate and standardize bioactive compounds in foods and supplements; analyze water utilities’ real-time information; tune homes to operate at ideal temperatures; connect farmers and veterinarians; collect actionable data about a farm’s feeding system; and remove compostable products.

Entries focused on social or educational innovations include platforms to support animal rescues, shelters and the volunteers; track weightlifting performance data; assist non-profit hospitals get children in their community more active; optimize writing processes to improve productivity and maintain brand integrity; broker live musical performances and instruction; vote and communicate with local government; and fundraise for K-12 schools.

Manufacturing ideas include technologies for onsite treatment of industrial wastewater; continuous measurement of aggregation of particles or droplets in a liquid or gas; intelligent water softener control to replace flow-based systems; non-invasive, breath technology which enables immediate bio-feedback for weight management and sports training; a disposable nozzle for two-part adhesives; a three-dimensional metal printer to enable high resolution manufacturing within a large build volume; an inflatable life jacket; and a smart lock box to secure medications in the home.

Health-related plans include antibody-based cancer detection products utilizing tumor blood vessel growth biomarkers; a robotic-computed tomography device for equine veterinarians; a biopesticide platform; anti-CRR9 antibodies to inhibit lung and pancreatic tumor growth and sensitize tumors to chemotherapy; a new process for collection, identification, tracking, preservation, and processing of biological samples; and an ex-vivo microfluidic assay able to rapidly analyze the therapeutic response tumor cells.

The contest began in late January with 206 entries. To be eligible for the contest, participants cannot have raised more than $25,000 from professional angel and venture capital investors by the start of the contest.

Finalists will submit 15- to 20-page business plans for review by a panel of more than 100 judges. Each plan describes the core product or service, defines the customer base, estimates the size of the market, identifies competition, list members of the management team and provides key financial data. Finalists are also encouraged to provide feedback from a potential or current customer.

The “Diligent Dozen,” or top 12 business plans announced in late May, will present in front of a panel of judges and conference attendees at the Wisconsin Entrepreneurs’ Conference on June 7 at the Alliant Energy Center in Madison. Category winners, as well as the 2016 Grand Prize Winner, will be announced during the BPC Awards Luncheon on June 8. More information on the conference will be available in the coming weeks at www.witrepsconference.com.

Sponsors are contributing cash, office space, legal assistance, accounting, information technology consulting, marketing, prototyping, web design, event space and more. About $2 million in cash and in-kind prizes have been awarded since the inception of the contest in 2004.

Lead sponsors of the 2016 contest thus far include 3Rhino Media; American Family Insurance; American Transmission Co.; Ascendancy Advisors; AT&T; Madworks Co-working; Pieper Properties; Quarles & Brady; Racine Metal-Fab; Reinhart Boerner Van Deuren; SCORE Wisconsin; University Research Park; Vertz Marketing; Ward4; Whitewater University Technology Park; and the Wisconsin Economic Development Corp.

Associate sponsors include 100state; Cresa Madison; Kollath CPA; Makin’ HEY Communications; Midwest Prototyping; Murphy Desmond; Neider & Boucher; and Smith & Gesteland. Additional sponsors are Aberdean Consulting; BizStarts; Bublrbikes; Evolution; EZ Office Supplies; Fine Point Consulting; Madison BCycle; Madison Gas & Electric; PowerBuy 4 You; Red Arrow Production; UW-Madison Office of Corporate Relations; Wisconsin Alumni Research Foundation; and the Wisconsin Technical College System. To become a sponsor, contact Cassidy Wartenweiler at 608-442-7557.

Finalists are listed below. Reporters wishing to contact individual contestants may do so through the Tech Council by calling 608-442-7557.

Entry First Last City
Responsive Writing Solutions Dave Clark Shorewood
Angio360 Diagnostics LLC Stephanie Cossette Wauwatosa
Asto CT David Ergun Madison
Hyde Pat Hughes Elm Grove
Essential Biotechnology LLC Michael James Big Bend
The FarmVet Program Abigail Jensen Delavan
Candid Brilliance Music Jocelyn Kopac Elkhorn
Energy Balance Joe Kremer Madison
Complete Phytochemical Solutions LLC Christian Krueger Cambridge
Emonix Zachary LaVallee Madison
GoFarm Carl Lippert Pittsville
WeightUp Solutions Daniel Litvak Madison
POLCO Nick Mastronardi Madison
Fast Forward Forensics LLC Randy Nagy Madison
Lynx Biosciences Chorom Pak Madison
Classmunity Alana Platt Whitefish Bay
Mikroflot Technologies Jose Ramirez Milwaukee
OptikTechnik Jose Ramirez Milwaukee
ActiveEDU LLC Jordan Rhodes Oshkosh
Iconac Harrison Richarz Milwaukee
Riemer Systems Dave Riemer Whitewater
Remex Static Mixer Eric Ronning Madison
Doobert.com Chris Roy Pewaukee
ThermoSphere Austen Scudder Milwaukee
Compost Crusader LLC Melissa Tashjian Milwaukee
AmebaGone Inc. Cheryl Vickroy Madison
Linectra Brandon Walker Madison

State Journal: Local entries continue strong in business plan contest

Twenty-three of 53 entries that have advanced to the semifinal round of the 13th annual Wisconsin Governor’s Business Plan Contest are from Madison or Middleton.

The contestants were selected from 206 first-round entries by a panel of about 100 judges organized through the Wisconsin Technology Council, the Wisconsin Innovation Network and the Wisconsin Angel Network.

The semifinalists are spread among four categories: advanced manufacturing (14), business services (12), information technology (13) and life sciences (14). Read the full Wisconsin State Journal story here.

Lake Country Now: Big Bend company advances in state business plan contest

Essential Biotechnology LLC of Big Bend is among the 53 entries from 23 communities that have advanced to the semifinal round of the 13th annual Wisconsin Governor’s Business Plan Contest.

The contestants were selected from a field of 206 first-round entries by an independent panel of about 100 judges organized through the Wisconsin Technology Council. Read the full Lake Country Now story here.