2004      2005      2006      2007

2008 Participants

Grand Prize





Company Name:




qcue
University: University of Texas-Austin
Prize(s):
The GOOSE Society of Texas Grand Prize Overall Winner $125,000
Opportunity Houston (GHP) Technology Award $100,000
Kenda Capital & Shell Grand prize Winner  $20,000
Misc Prizes $80,000
DJF Mercury Best IT Award $2,500
TOTAL: $327,500

The University of Texas at Austin won first place this year’s Rice Business Plan Competition, the world’s largest and richest business plan competition for a total of $327,500 in cash and prizes.

qcue is a dynamic pricing solution for concert promoters, sports teams, and venues. It’s software application transforms existing box offices into electronic markets by implementing elements of airline pricing and NASDAQ trading to provide dynamic pricing based on market conditions, while hosting a secondary market which is seamlessly integrated with the primary market.

Second Place






Company Name:





Klymit
University: Brigham Young University
Prize(s):
Finger Interests Second Place Overall Winner $15,000 cash + $5,500 in-kind
ContentActive and Houston Business Journal 
Sales & Marketing Award
$2,500
TOTAL: $23,000

 

Klymit, from Brigham Young University won second place and took home $23,000 in this year’s Rice Business Plan Competition, the world’s largest and richest business plan competition. Klymit won $20,500 for second place and $2,500  for the Sales and Marketing Award presented by ContentActive/Houston Business Journal for a total of $23,000.

The team, comprised of Nate Alder and Michael Albright developed Klymit which is revolutionizing the insulation technology industry. Its noble-gas-based insulation enables outdoor enthusiasts to regulate apparel insulation at the touch of a button.

Third Place





Company Name:




NeuroBank
University: Carnegie Mellon
Prize(s):
Opportunity Houston (GHP) Life Sciences Award $100,000
Sirius Solutions 3rd place overall Winner $7,500 cash + $5,500 in-kind
Essex Woodland Health Venture Life Science Award $2,500
TOTAL: $115,500

NeuroBank, from Carnegie Mellon won third place and took home $115,500 this year’s Rice Business Plan Competition, the world’s largest and richest business plan competition. NeuroBank won the $100,000 for Opportunity HoustonSM Life Science Award, $13,000 for finishing third place overall, $2,500 for the Essex Woodland Health Venture Award.

The team, comprised of Raymond F. Sekula, Jr., MD, and Sasha Bakhru, developed NeuroBank which is an early-stage life science company focused on the storage of adult neural stem cells for individuals with and without neurological disease. NeuroBank enables patients to harness the power of their own neural stem cells with a relatively noninvasive procedure to gather a person’s stem cells at an earlier age before they deteriorate with time.

Fourth Place

Company Name: MicroTransponder
University: University of Texas at Dallas
Prize(s):
Sirius Solutions 4th place overall Winner $5,000 + $1,950
Austin Ventures 4th place Elevator pitch Winner $500
HPEA Best Written Business Plan Award $2,500
Fairway Medical Technologies Medical Device Award $2,500
TOTAL: $12,450

MicroTransponder from the University of Texas-Dallas won fourth place overall and took home $12,450 in this year’s Rice Business Plan Competition, the world’s largest and richest business plan competition. MicroTransponder won $6,950 for fourth place overall, $500 for fourth place elevator pitch, $2,500 Best Business Plan Award and $2,500 for Best Medical Device Award for a total of $12,450.

The team, comprised of Will Rosellini, JD, MS, Frank McEachern, Charles Lusk and Ali Abbassi developed MicroTransponder which is a medical device company commercializing a novel wireless interface to the nervous system.  This patented subcutaneous neurostimulation device will address up to 20 million Americans who suffer from chronic pain.

Fifth Place

Company Name: Enexra
University: Harvard University
Prize(s):
Dow Sustainability Award $20,000
Administaff 5th place overall Winner $4,000 + $1,950
British Consulate General, Best International Team $2,500
TOTAL: $28,450

Enexra, from Harvard and Hanover Medical University, Germany won the coveted $20,000 Dow Sustainability Award, $2,500 Best International Team and $5,950 for fifth place overall for a total of $28,450.

The team, comprised of Christian Pfeffer, Vanja Lichtensteiger and Lukas Lichtensteiger, developed Enexra which is a revolutionary wafering technology reduces the costs of silicon wafer based solar cells by over 30%, enabling competition with conventional (non-renewable) electricity generation. “The Dow Sustainability Award encourages the identification and development of breakthrough technologies, in tandem with viable business models,” says Christopher M. Jones, Ph.D, Dow Venture Capital. “Partnerships with Universities like Rice are critical to Dow’s long-term business strategy and the demands of sustainability. Dow knows it is imperative to identify solutions to the greatest challenges facing our global community and to create businesses around those solutions to ensure they are sustainable.”

Sixth Place

Company Name: Heartsounds
University: University of Illinois at Chicago
Prize(s):
NASA Earth/Space Life Science Innovation Award $20,000
Administaff 6th place overall Winner $3,000 + $1,950
TOTAL: $24,950

HeartSounds of University of Illinois, Chicago won $20,000 NASA Earth/Space Life Science Award and $4950 for a sixth place overall finish for $24,950 total.

Heartsounds comprised of Matthew W. Norris, Mike McCoy and Amir Bastawrous developed a platform medical device company specializing in the emerging field of computer-aided auscultation utilizing patented sound-separation technology to provide non-invasive diagnostic devices.  The company has developed a fetal heart monitor that is more accurate and provides greater ease of use than current devices.

Seventh Place

Company Name: Etoh Pharmaceuticals
University: University of Chicago
Prize(s):
Administaff 7th place overall Winner $3,000 + $1,950
TOTAL: $4,950

Etoh Pharmaceuticals from the University of Chicago won $4,950 for a seventh place overall finish.

Dave Martinelli and Steve Fausch of Etoh Pharmaceuticals are developing Aidinase, a proprietary triple combination drug for the treatment of alcoholism.

 


Next by amount of money won:

Company Name: HydroCoal
University: Kennesaw State University
Prize(s):
Fish & Richardson IP Powerhouse Award $2,500 cash + $12,500 in-kind
AAI Global Equity Challenge Round Winner $750 cash + $750 in-kind
RPSEA Energy Award $2,500
TOTAL: $19,000

HydroCoal Technologies, from Kennesaw State University won $15,000 for the Intellectual Property Powerhouse Award sponsored by Fish & Richardson, $1,500 Challenge Round Winner and $2500 for the Energy Award sponsored by RPSEA for a total of $19,000.

The team, lead by MBA student Randy Taylor developed HydroCoal Technologies which develops and markets systems and processes based on its disruptive platform technology that enable utilities, refiners, and industrial users of gas and power to produce significantly cheaper, cleaner synthetic fuels from coal.


Company Name: Potentia
University: University of Michigan
Prize(s):
Element Markets Sustainability Award 2nd place Winner $5,000
Murphree Venture Partners Wildcard Round 4th place Winner $1,000
Austin Ventures Elevator pitch 5th place Winner $500
TOTAL: $6,500

Potentia from The University of Michigan won $5000 for the second place sustainability award sponsored by Element Markets, $1000 for a fourth place finish in the Wildcard Round, and $500 for fifth place in the elevator pitch which simulates 60 seconds pitching your business in an elevator with Warren Buffet. They took home a total of $6500.

The team, comprised of Ruba Borno, Tzeno Galchev and Rishiraj Das developed Potentia which will commercialize an energy harvesting battery replacement technology that will last ten times longer than current batteries and will be placed in wireless sensors.  By using energy from the environment, Potentia’s solution can outlast toxic electrochemical batteries tenfold. 

Company Name: Filigree Nanotech
University: Wake Forest University
Prize(s):
Austin Ventures Elevator Pitch Winner -1st $1,000
Diamond Healthcare Corp. Teen Elevator Pitch Award  $1,000
Murphree Venture Partners Wildcard Round 6th place Winner $750
Rice ELEC 391 Student Award - Best Elevator Pitch Award $500
TOTAL: $3,250
Filigree Nanotech intends to improve battery performance through utilizing silver nanowires for silver zinc batteries.  The nanowire enabled battery extends the battery life of mobile electronics, extend the range of electrical vehicles, and reduce recharging time.

Company Name: Nolia Athletic Apparel
University: University of North Carolina at Chapel Hill
Prize(s):
Murphree Venture Partners Wildcard Round 2nd place Winner $1,500
Greenberg Traurig Best Company Showcase Award $1,000
Austin Ventures Elevator pitch 3rd place Winner $750
TOTAL: $3,250

Nolia produces stylish running apparel startup that leverages cutting edge greentech to deliver clothing that meets the major pain points of technical athletic apparel users, utilizing an all-natural permanent anti-microbial treatment to stop odor, soften cloth, improve durability, abate friction, and reduce discomfort.


Company Name: Aura Biosciences
University: Massachusetts Institute of Technology
Prize(s):
2nd place Challenge Round $600
Herrera Partners Hispanic Team Award $2,500
TOTAL: $3,100
NanosmartTM is a nanotechnology platform developed by Aura Biosciences in collaboration with the German Cancer Research Center (DKFZ), which enables the selective delivery of chemotherapeutic drugs to tumor cells. The targeting of the tumor cells allows to: maximize the efficacy of the drug, increase the patient survival rate,
and greatly minimize the chemotherapy side effects.

Company Name: IMMUTELL
University: University of Aarhus, Denmark
Prize(s):
Challenge Round $200
Enaxis Best Business Plan Analytics/Analysis Award $2,500
TOTAL: $2,700
IMMUTELL’s mission is to develop, produce, and market cell mediated immune response diagnostics to help combat diseases that are difficult to diagnose.

Company Name: BioRegenix
University: University of Illinois at Chicago
Prize(s):
Murphree Venture Partners 5th place Wildcard Round $750
Austin Ventures 2nd place elevator pitch $750
TOTAL: $1,500
BioRegenix is an early stage biotechnology company committed to the regeneration of injured tissues. With a patent-protected heart muscle regeneration lead product, BioRegenix stands at the forefront of modern medicine.

Company Name: Traycer Diagnostics
University: Ohio State University
Prize(s):
Murphree Venture Partners 3rd place wildcard round Winners $1,000
TOTAL: $1,000
Traycer Diagnostic Systems leverages a unique set of technology to become a leader in microwave and terahertz medical imaging with a strong focus on a replacement for x-ray mammography.

Company Name: AutoTB
University: University of Cambridge, UK
Prize(s):
1st Place Challenge Round $750
TOTAL: $750
More than one-third of the world’s population is infected with tuberculosis (TB), a disease that kills over 2 million people annually.  Improved diagnostics are desperately needed to combat this growing epidemic.  AutoTB plans to create a device to automate sputum microscopy, which will decrease analysis time, increase sensitivity, and eliminate the human error present in current procedures, while integrating into the existing infrastructure and remaining inexpensive and accessible to developing countries. 

Company Name: Callinix
University: University of Maryland, College Park
Prize(s):
1st Place Challenge Round $750
TOTAL: $750
Callinix: The Evolution in Drug Delivery, offering in vitro drug screening and nanofunctionalized drug, targeting the pharmaceutical industry.

Company Name: DiagNano
University: Georgia Institute of Technology
Prize(s):
1st Place Challenge Round $750
TOTAL: $750
DiagNano is an early stage technology company focusing on in vitro cancer diagnostics.  We offer nanotechnology-based products for tissue biopsy analysis to provide clinicians with a patient-specific cancer fingerprint.

Company Name: Fantasy Action Network (FAN)
University: The University of Texas at Austin
Prize(s):
1st Place Challenge Round $750
TOTAL: $750
FAN will deploy wireless gaming consoles that stream targeted advertising to sports bar and restaurant patrons using the devices. FAN will offer daily and season-long fantasy sports leagues, tournaments, and other interactive games, including trivia.

Company Name: Zeopane Microneedles
University: Hong Kong University of Science & Technology, China
Prize(s):
1st Place Challenge Round $750
TOTAL: $750
Zeopane Microneedles designs and markets patent pending zeolite microneedles and insulin delivery patches. Microneedles are extremely small needles that are a safe, painless and an inexpensive substitute for syringes.

Company Name: AiB Pharma
University: Texas A&M University
Prize(s):
2nd Place Challenge Round $600
TOTAL: $600
AiB Pharma is a drug development company commercializing a proprietary solution for the treatment of recurrent aphthous ulcers (RAU), commonly referred to as canker sores.  AiB Pharma’s first objective is to complete the new drug’s commercial formulation.  Upon completion of a commercial formulation, the Company will conduct clinical trials to demonstrate the product’s safety and efficacy.

AiB Pharma is a drug development company commercializing a proprietary solution for the treatment of recurrent aphthous ulcers (RAU), commonly referred to as canker sores.  AiB Pharma’s first objective is to complete the new drug’s commercial formulation.  Upon completion of a commercial formulation, the Company will conduct clinical trials to demonstrate the product’s safety and efficacy.

Company Name: Everlighting Innovation
University: University of Waterloo, Canada
Prize(s):
2nd Place Challenge Round $600
TOTAL: $600
Everlighting Innovation Inc is a Light Emitting Diode (LED) start-up company that intends to develop new products with a licensing patented heat-dissipation technology for LED-based street lighting, in order to replace conventional street lighting.

Company Name: Lab Extensions Inc.
University: Rice University
Prize(s):
2nd Place Challenge Round $600
TOTAL: $600
LEI will provide an RFID-based real-time locating system (RTLS) to hospitals to manage equipment flow.  Hospitals waste nearly half a million dollars each year in excess labor, rental fees, and redundant equipment-all from not being able to find their high-demand equipment when it is needed.

Company Name: Perpetual Pharmaceuticals
University: University of Oklahoma
Prize(s):
2nd Place Challenge Round $600
TOTAL: $600
Perpetual Pharmaceuticals uses proprietary Agglomerated Vesicle Technology (AVT) micro-particles that revolutionize drug delivery for several diseases, including diabetes. The initial insulin drug senses blood glucose levels and provides a customized dose of insulin to maintain more stable insulin levels.

Company Name: Wine with a Passion
University: Northwestern University
Prize(s):
2nd Place Challenge Round $600
TOTAL: $600
Wine with a Passion (WWAP) is a socially-responsible venture offering high quality, distinctive wine derived from tropical fruits harvested in Thailand.  WWAP will sell these premium tropical fruit-based wines from Thailand in various markets around the world.  The company fills a void in the growing fruit wine segment which lacks a premium specialty wine.

Company Name: Boreas Snowboards
University: University of Georgia
Prize(s):
3rd Place Challenge Round $450
TOTAL: $450
Boreas Snowboards is a company dedicated to revolutionizing the snowboarding experience with its innovative designs for high performance equipment, accessories, and apparel.

Company Name: Cerene Biomedics
University: Duke University
Prize(s):
3rd Place Challenge Round $450
TOTAL: $450
Cerene Biomedics is developing an implantable cooling device to treat epileptic seizures.

Company Name: FiberView
University: University of California at Los Angeles
Prize(s):
3rd Place Challenge Round $450
TOTAL: $450
FiberView is a new visualization solution for the fiber optic endoscope industry developed by physicians from the UCLA David Geffen School of Medicine. This technology enhances endoscopic procedures by providing portability, electronic information management, wireless capabilities, and universal compatibility to all current endoscopes on the market.

Company Name: Project Einstein
University: Massachusetts Institute of Technology
Prize(s):
3rd Place Challenge Round $450
TOTAL: $450
Project Einstein is a consumer Internet startup that will become the premier web destination for men’s apparel e-commerce by providing an efficient, customized portal for men to shop for clothing based on their historical brand preferences and purchasing pattern, using a vertical search and collaborative filtering algorithm.

Company Name: Remedium Technologies
University: University of Maryland
Prize(s):
3rd Place Challenge Round $450
TOTAL: $450
Remedium Technologies is a company dedicated to the development of advanced hemostatic and tissue sealant materials. Based on our proprietary technology, we offer a unique solution to effectively stop bleeding for an extremely wide range of injury types, by implementing the powerful natural phenomenon of self-assembly.

Company Name: TruSource Technologies
University: University of Arkansas at Little Rock
Prize(s):
3rd Place Challenge Round $450
TOTAL: $450
TruSource Technologies has developed a multi-layered, anti-counterfeit security sensor targeted at the pharmaceutical industry. These patent-pending sensors will not only serve to generate a new source of revenue for large pharmaceutical companies, but they will also protect the health and safety of the consumer.

Company Name: Diamas Coats
University: Indian Institute of Technology
Prize(s):
4th Place Challenge Round $200
TOTAL: $200
Diamas Coats intends to be the market leader in protective and biocompatible coatings for Razor, Surgical Instruments and for the Bio-implants industry.

Company Name: GlucoFast
University: Lancaster University, UK
Prize(s):
4th Place Challenge Round $200
TOTAL: $200
GlucoFast has developed a non-invasive, continuous monitoring device that can provide advance detection of hypoglycemic episodes for diabetics.

Company Name: Husk Power Systems
University: University of Virginia
Prize(s):
4th Place Challenge Round $200
TOTAL: $200
Husk Power Systems creates and maintains single-village power generation systems that run on renewable, local rice husks.  The company has developed a technology innovation to enable gas generators to be converted to operate on biomass fuel which can provided a distributed source of power generation for rural India.

Company Name: LAB802
University: Southern Methodist University
Prize(s):
4th Place Challenge Round $200
TOTAL: $200
LAB802 has developed a patented digital recording device in conjunction with an accelerometer that detects vehicular accidents and saves a visual record of events and conditions surrounding a vehicle.  The product will reduce insurance costs and liability risks.

Company Name: Vidyut Shakti
University: BITS Pilani, India
Prize(s):
4th Place Challenge Round $200
TOTAL: $200
Our company is involved in rural electrification for villages in India. We will generate this electricity using biodiesel as the renewable source of energy. The company uses a biotechnology innovation to increase the yield of jatropha on farm land and a manufacturing innovation to increase the yield of biodiesel from jatropha.

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