Innovation Showcase Names Pitch Contest Winners
The 2016 Innovation Showcase was held at the Dallara facility in Speedway.
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Venture Club of Indiana has announced the winners of the pitch competition at this week’s Innovation Showcase at the Dallara IndyCar Factory in Speedway. The results were determined by a panel which judged three categories: University Track, Start-Up Track and Scale-Up Track.
Organizers say a record number of applicants, 136, were narrowed down to 21 competing and 80 exhibiting companies. Competitors were vying for a share of $115,000 in prizes.
The two-day event was itself a record-breaker. Nearly 1,000 entrepreneurs, investors and other attendees participated. Thursday, day two of the event, kicked off with an announcement from Governor Mike Pence that his administration was pushing for $1 billion in resources to be allocated toward efforts focusing on entrepreneurship and "next generation" jobs and discoveries.
The 2016 pitch contest winners are:
University Track
- Adranos Energetics – develops propellants, explosives and other energetic materials such as ALITEC, a solid rocket propellant the company says is cheaper, more efficient, more powerful and better for the environment than traditional technology
Start-Up Track
- Realync – a business-to-business, software as a service company with a platform to create live virtual tours, open houses and pre-recorded videos of real estate using a smartphone
Scale-Up Track
- myCOI – automation technology for day-to-day critical risk management tasks to verify vendors, suppliers, contractors and tenants for insurance compliance
This year’s judging panel included Rob McDonald, Brandery; Chris Eckerle, BioCrossroads Seed Fund; Tim Kopp, Hyde Park Ventures; Eric Tobias, High Alpha Ventures; Victor Gutwein, M25 Group; Roseanne Burge, Elevate Ventures; Oscar Moralez, VisionTech Partners; Jeff Barry, Plymouth Ventures; Don Aquilano, Allos Ventures.
You can connect to more about the event by clicking here.