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Virginia Tech Corporate Research Center2200 Kraft Drive, Suite 1000, Blacksburg, VA 24060 www.vtknowledgeworks.comn
grow
accelerateinvest
ENTREPRENEURSHIP CHALLENGREPRENEU IPIPIP E
VT KnowledgeWorks encourages and enables creative entrepreneurship world-
wide, through innovative curriculum, local business resource centers, and a global
network of cooperating regions, all focused on three essential contributors to
success: clear understanding of fundamental business principles; access to timely,
relevant information; and meaningful personal and corporate relationships. It is
a subsidiary of the Virginia Tech Corporate Research Center, supported by the
continuing confidence and enthusiasm of its clients, sponsors and friends, both
corporate and individual. Its world headquarters is in Blacksburg, Virginia, USA.
April 8, 2015The Inn at Virginia Tech
Special thanks to VT KnowledgeWorks Sponsors
pantone 7469u pantone 7545u pantone 298u pantone 613u
pantone 7411u pantone 677u pantone 187u pantone 584u
PlasticsOne®
Medical Design and Manufacture
www.simultv.com
CHRISTIANSBURGVA.
TOWN OF
CH
RIST IANSBUR
G
®
Helping Businesses To
n Plan
n Fund
n Launch
n Grow
TheLaunchPlace.org
by offering superior
business consulting
services, equity
investments, mentoring and
training, space subsidies,
and other technical services
to entrepreneurs and
businesses.
Danville, VA527 Bridge Street
Suite 200Danville, VA 24541
434.799.5491
Research Triangle Park, NC2 Davis Drive
Research Triangle Park, NC 27709
919.990.8558
3
VT KnowledgeWorks Global Entrepreneurship Challenge Semifinals
Generously sponsored by
PlasticsOne®
Medical Design and Manufacture
Schedule of Activities
Wednesday, April 8, 2015
The Inn at Virginia Tech and Skelton Conference Center, 901 Prices Fork Road, Blacksburg, Virginia
12:30 p.m. Registration .................................................................................................... Alumni Assembly Hall
1:00 p.m. Welcoming Remarks .................................................................................... Alumni Assembly Hall
1:15 p.m. Global Entrepreneurship Challenge Semifinals ...................................... Alumni Assembly Hall
4:30 p.m. Networking Reception and Awards Presentation ..........................................Latham Ballroom
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innovative
progressive
worldwide
molding | research & development | design
Proud sponsor of the Advanced Manufacturing Award
plastics1.com plastics1.com
5
Plastics One Inc.
Plastics One Inc. is an employee-owned Roanoke, Virginia, company that was established over 65 years ago and has grown to be a progressive, high-tech medical component manufacturer. Our operation encompasses 85,000 square feet and boasts an in-house design department that utilizes three-dimension-al software, a fully equipped mold-making shop, and the latest injection molding technology. We also employ a fully dedicated Research and Development team, which is constantly searching for new and better methods and products. This allows us to produce quality products from concept to creation.
Lydia Brantingham-Payne, Marketing Communications Manager [email protected] Merriman RoadRoanoke, VA 24018540-772-7950
Virginia Tech Corporate Research Center
Established in 1985, the 230-acre Virginia Tech Corporate Research Center (VTCRC) boasts more than 31 buildings with over 2,700 employees and is home to more than 160 private companies and research centers. The VTCRC is owned and managed by the Virginia Tech Foundation, a 501 (c)(3) nonprofit non-stock corporation established in 1948. The VTCRC strives to develop a growing, prestigious research park for high-technology companies and in collaboration with the university, advance the research, educational and technology transfer missions of Virginia Tech.
Joe Meredith, Ph.D., [email protected] Pratt Drive, Suite 1000Blacksburg, VA 24060 540-961-3600
Virginia Tech Pamplin College of Business
Virginia Tech’s nationally ranked Pamplin College of Business offers undergraduate and graduate programs in accounting and information systems, business information technology, economics, finance, hospitality and tourism management, management, and marketing. Pamplin emphasizes technology and analysis that improve business, entrepreneurship that leads to innovation and innovative companies, international opportunities for learning and research, and an inclusive, collaborative community. It is named in honor of two alumni: the late Robert B. Pamplin, retired chairman of Georgia-Pacific, and businessman, author, and philanthropist Robert B. Pamplin Jr.
Robert T. Sumichrast, Dean, and Richard E. Sorensen, [email protected] Pamplin Hall (0209)Virginia Tech880 West Campus DriveBlacksburg, VA 24061
VT KnowledgeWorks Global Entrepreneurship Challenge Semifinalsbrought to you by
PlasticsOne®
Medical Design and Manufacture
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Proud supporters of the world’s future entrepreneurs!
Union Bank & Trust. Member FDIC.
THINK BIG! innovatio
nTeamworkRisksSo
lutions
Venture Creativity
1.800.990.4828
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Updates on Winning Teams of Past Global Entrepreneurship Challenge Semifinals Events
Heyo, 2011 winner: Operational in Blacksburg. 15 employees. Recently received $2M capital infusion from Val-leys Ventures. Heyo is a simple yet powerful tool that helps small businesses capture leads and drive sales from social media.
YouFolio, 2012 winner: YouFolio enables people to establish their online brand through the use of a dynamic online portfolio platform. The venture received over $250,000 in funding from angel investors in August 2013 and launched their website in January 2014. Since launch, YouFolio has been partnering with universities and employers in the greater Washington D.C. area. Students and individuals on YouFolio use examples of work and multimedia to help bring their resumes to life and showcase value to employers. YouFolio just recently launched their iOS app, which can be found in the Apple store today!
PureAir, 2013 winner: The company is pursuing a more accurate asthmatic and COPD inhaler by incorporating active feedback technology. It is currently moving to high fidelity functional prototypes and testing in preparation for patient testing.
Vestigo, 2014 winner: The company is pursuing a partnership with Streetline to bring parking availability sensors and predictive analytics to Virginia Tech.
Building a better
community.G.J. Hopkins,
Inc.
Mechanical, Electrical, & Service
ContractorsSince 1958
G.J. Hopkins, Inc.
540 • 982 • 1873
www.gjhopkins.com
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• ALG is the only locally owned and operated full service Logistics Service Provider in SW VA established in 2000
• ALG’s service portfolio includes – Customs House Brokerage (Imports and Exports) – Air, Ocean and Ground Freight Forwarding – Cargo Insurance / US Customs Bonds – Freight / Transport Management – Warehouse and Distribution Management – Consultation in Regulatory Compliance and other Supply Chain
Activities • Visit us at www.AlleghenyLogistics.com • We are “Committed to Sustained Excellence”!
Our excellent downtown location allows our guests
to enjoy dining, music, theater and shopping...all a short stroll away
Park your car at Main Street Inn and walkto Virginia Tech and Athletic Facilites.
Our amenities include: Free WiFi internet Flat Screen Cable TV Wet Bar Refrigerator Microwave Coffee Maker In-Room Safe Hair Dryer Oversized Showers Iron & Ironing Board
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Moderator and Master of Ceremonies
Dr. Richard Daugherty is the Director of Strategic Services at VT KnowledgeWorks. Strategic Services helps entrepreneurs and businesses understand and quantify their business opportunities. Dick has over 30 years’ experience in business strategy, new business and product development, competitive analysis and business plan development.
Global Entrepreneurship Challenge SemifinalsApril 8, 2015 Alumni Assembly Hall at 1:15 p.m.
The Global Entrepreneurship Challenge Semifinals, which is in its seventh year, encourages students to develop their entrepreneurial ideas, enhances their understanding of the requirements for a successful business venture, and showcases the creativity of Virginia Tech students.
Key team members must be full-time Virginia Tech students. The competition is focused on supporting technol-ogy concepts at their early stage of development. Therefore, applicants must not have received cash investments from private investors, government agency funding beyond research grants, nor offered product(s) for sale as of February 11, 2015.
Finalists are chosen through a phased judging program. Initially, participants submit a one-page summary of their business concept idea for review by a panel of faculty and local business leaders. From these, semifinalists are selected who then submit a 3-5 page summary of their concept that identifies the compelling customer need be-ing met by their proposed product or service, the potential market size for the product or service, its expected competitive position in the marketplace, the proposed business model for financial success, and how the team plans to enter the market.
From those submissions, six finalists were chosen to present before a panel of angel investors and business lead-ers as well as attendees at the Global Entrepreneurship Challenge Semifinals.
The teams will compete for the chance to win one of three scholarship prizes, including the Plastics One Ad-vanced Manufacturing Award of $10,000 for the most outstanding tangible product, the $10,000 VT Knowledge-Works Information Technology Award for the most outstanding intangible product or service, and the $5,000 People’s Choice Award, sponsored by the Virginia Tech Pamplin College of Business. One of the two teams that receive the Advanced Manufacturing and the Information Technology prizes will earn the grand prize and receive an additional $5,000 in scholarship assistance, workspace in the Virginia Tech Corporate Research Center for summer 2015, and the opportunity to compete on a world stage in the $25,000 VT KnowledgeWorks Global Student Entrepreneurship Challenge this August.
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EDUCATING, CONNECTING, AND INSPIRINGVIRGINIA TECH’S INNOVATORS AND ENTREPRENEURS
Visit us today at: cie.pamplin.vt.edu
GET STARTED.
Apex Systems Center for Innovation and Entrepreneurship
CIE_HalfPage_Ad-final.indd 1 3/10/15 5:10 PM
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Finalists of the Global Entrepreneurship Challenge Semifinals
Advanc3D Materials – Nicholas A. Chartrain, Alison R. Schultz, and Justin M. SirrineThe development of new materials for Additive Manufacturing is required for the successful fabrication of customized orthotic inserts. Advanc3D Materials offers new photo-curable polyurethanes in order to comfortably balance strength and flexibility for each individual’s orthotic need.
Beyond Reality – Ojas Mhetar and Jordan White A cloud based platform to host and deliver lag free, high quality virtual reality content via the Internet to the end user.
Calbico – Ben Newman and Jeremy BooneThe Calbico Channel Cleaning Tool is designed for cleaning hard to reach areas in semi-automatic rifles and pistols. Our cleaning tool cuts down on waste, provides a more thorough clean, and decreases the average cleaning time by forty percent.
Flow – Kelvin Aviles, Joaquin Bur, Gabriella Jacobsen, Megan Lorey, Joselyn Martinez, and Ryan KlavanFlow, the modern sanitary product dispenser aimed at alleviating stress from needing emergency sanitary products. Designed with the consumer in mind, Flow will contain a higher quality product to make the dispensers profitable, and offer a better customer service.
Formy Interfaces – Sky Van Iderstine, Bruce Ayliff, Walker Sensabaugh, Jared Deane, Giancarlo Di Biase, and Tyler CampbellFormy Interfaces is using additive manufacturing to create custom grips for hand-operated products that enable customers to personalize their most prized possessions in a way that was impossible until now.
Orb – Cody Short Orb integrates water flavor enhancers into the lid of a reusable water bottle helping its users develop a healthier life by altering their drinking habits.
Ryde – Blake Duncan and Neil HartmanRyde is a mobile application that facilitates college fraternities in delivering their designated driver service.
XSprintCT – Hao GongA carbon-nanotube (CNT) based multi-source micro-focus computed tomography (micro-CT) is proposed for low-radiation-dose and high-quality preclinical imaging. This next-generation micro-CT technology will enable longitudinal, non-invasive, and three-dimensional small animal studies for preclinical researchers.
brochures • newsletters • business cards • postcards • posters
You are easy steps from getting more customers.
Create your own marketing materials today!
3
Go to:
www.wordsprint.com/diyHundreds of templates to choose from.
No special software needed.
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Panelists for the 2015 Global Entrepreneurship Challenge Semifinals
Mike Abbott has over 20 years of experience in product development, design, tech transfer, and business management. He founded one of his current business ventures, Cambrian Design and Development, to bolster the success rate of technology transfer from the laboratory to the market. Mr. Abbott also teaches national and international courses in entrepreneurship for the National Science Foundation and Virginia Tech. His diverse portfolio crosses multiple domains including medical devices, industrial instrumentation, consumer products, and educational technologies.
Eva Doss has 20 years of experience in business consulting, strategic planning, business development and equity fund establishment and management in the United States and Europe. During her career Eva established new business ventures and seed investment opportunities, and developed innovative business partnerships for compa-nies. She established the Southside Business Technology Center, a business consulting entity in 2005, which grew into The Launch Place, the lead entrepreneurial development organization offering business consulting, training, office space and subsidies, and equity investment through its two equity funds to start-ups in Danville, Virginia, and in the Research Triangle Park, North Carolina.
Doug Juanarena is a serial entrepreneur with more than 25 years of experience as a founder and CEO of successful technology businesses. He currently is VP and site leader for Rackspace Hosting’s Blacksburg de-velopment center. He is past head of GenTek Ventures, a firm that assists technology companies with start-up and business development activities. In the past he has served as a research engineer for NASA at the Langley Research Center and was founder and CEO of Pressure Systems, Inc., KPSI, and Luna Technologies.
Dr. Tom Piccariello is a co-founder of Synthonics and currently serves as its President and Chief Science Officer. His current research is focused on the impact metal coordination has on pharmacokinetics. Dr. Pic-cariello’s metal coordination invention is responsible, to date, for approximately $3 million in grant funding from the NINDS and Michael J. Fox Foundation. Prior to founding Synthonics, Dr. Piccariello was Vice President of polypeptide drug development at New River Pharmaceuticals and was the lead inventor on the Carrierwave™ technology, which ultimately led to the commercialization of Vyvanse. Dr. Piccariello has a BS in biology and a PhD in chemistry from Virginia Polytechnic Institute and State University (Virginia Tech). Dr. Piccariello has over 100 patents and patent applications to his credit, most of which deal with novel drug delivery technologies.
Kamran Razvan, Ph.D., is the founder and CEO of Click & Pledge, a global leader in providing over 9,000 nonprofit organizations and political campaigns with cloud-based online fundraising and donor management appli-cations. Dr. Razvan has founded two other successful software development companies serving Motorola, NASA, the Naval Surface Warfare Center, Oak Ridge National Laboratory, Ingersoll Rand, Hewlett Packard and others. He is a recognized expert in the field of e-commerce, security for online financial transactions and database man-agement. Dr. Razvan has authored various patents, is a noted speaker and educator and is active in many com-munity philanthropic organizations.
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1715PrattDrive,Ste.2700Blacksburg,Virginia24060
(540)443‐3606www.BEcpas.com
BrownEdwardsisalocally‐owned,regionalpublicaccounting �irm with seven of�ices in Virginiaand West Virginia and more than 175professionals,includingover100CPAs,toserveourclients. �he �irm isnamedamong the �Top200CPAFirms”intheU.S.byindustrymedia. Going beyond the expected accounting and taxcomplianceservices,weofferconsultinginareasto meet the following specialized needs whichchallenge emerging businesses on the path tobusinesssuccess. Taxaccountingforintangibleassetsinbusiness
transactions
Strategicaccountingforthecommercializationofintellectualproperty
Taxaccountingforresearchcosts&applicationforFederalandVirginiaresearchcredits
Tax cost accounting for the production incomeexclusion and for inventory capitalizationrequirements
Realestatecostsegregationanalysestomaximizedepreciationrecoveryofyourinvestment
VirginiaEnterpriseZoneGrantplanningandcompliance
Multi‐stateincometaxstrategiesandcompliance
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Networking Reception and Awards Presentation
April 8, 2015 Latham Ballroom at 4:30 p.m.
Raffle Prize Generously
Sponsored by
university blacksburg
This exciting event concludes with a beneficial networking event and recognition of high achievement. Be present when winners of the Global Entrepreneurship Challenge Semifinals, People’s Choice, and raffle prize are announced and awarded their prizes!
Global Entrepreneurship Challenge Semifinals Prizes
• $10,000 Plastics One Advanced Manufacturing Award for the outstanding tangible product
• $10,000 VT KnowledgeWorks Information Technology Award for the outstanding intangible product or service
• $5,000 additional grand prize for one of the two teams that receive the Advanced Manufacturing Award or the Information Technology Award, plus summer workspace in the Virginia Tech Corporate Research Center
• $5,000 People’s Choice Award sponsored by Virginia Tech Pamplin College of Business
15
Special thanks to VT KnowledgeWorks Sponsors
pantone 7469u pantone 7545u pantone 298u pantone 613u
pantone 7411u pantone 677u pantone 187u pantone 584u
PlasticsOne®
Medical Design and Manufacture
www.simultv.com
CHRISTIANSBURGVA.
TOWN OF
CH
RIST IANSBUR
G
®
Helping Businesses To
n Plan
n Fund
n Launch
n Grow
TheLaunchPlace.org
by offering superior
business consulting
services, equity
investments, mentoring and
training, space subsidies,
and other technical services
to entrepreneurs and
businesses.
Danville, VA527 Bridge Street
Suite 200Danville, VA 24541
434.799.5491
Research Triangle Park, NC2 Davis Drive
Research Triangle Park, NC 27709
919.990.8558
16
Virginia Tech Corporate Research Center2200 Kraft Drive, Suite 1000, Blacksburg, VA 24060 www.vtknowledgeworks.comn
grow
accelerateinvest
ENTREPRENEURSHIP CHALLENGREPRENEU IPIPIP E
VT KnowledgeWorks encourages and enables creative entrepreneurship world-
wide, through innovative curriculum, local business resource centers, and a global
network of cooperating regions, all focused on three essential contributors to
success: clear understanding of fundamental business principles; access to timely,
relevant information; and meaningful personal and corporate relationships. It is
a subsidiary of the Virginia Tech Corporate Research Center, supported by the
continuing confidence and enthusiasm of its clients, sponsors and friends, both
corporate and individual. Its world headquarters is in Blacksburg, Virginia, USA.
April 8, 2015The Inn at Virginia Tech