THE NEXT GREAT STARTUP

Four venture capitalist choose teams to coach to become the best student startup

 

CORVALLIS, Ore. - January 24. The Oregon State University Advantage Accelerator launched its first annual Next Great Startup competition with a round of auditions. The competition offers over $30,000 in prizes and is not an ordinary business plan competition, nor a pitch competition. The Next Great Startup seeks the best student lead business with the chance

 

Student-led teams pitched their business ideas contending for one of 16 spots in the competition. The competition will commence on February 9 with four venture capitalists choosing from among the 16 to pick their teams to coach through the competition. The competition continues through the knockout round on February 23 and the finals on March 9th, 2017 where a winning team will be selected by a panel judges. Each team is provided a small amount of working capital as they are chosen to move to the next round. The winning team will be awarded over $18,000 in prizes plus legal and accounting services as well as entrance to the Advantage Accelerator and the opportunity to pitch during the Willamette Angel Conference in May 2017.

 

The following 16 teams have been selected for the first round:

 

The following 16 teams have been selected for the first round:

  • Sunshot Energy: a CO2 based power generator designed for rural areas.
  • Blip: a platform for short-form content creators to monetize their work.
  • GobTech: a toolset to make it easy to neural networks primarily in game use.
  • HEARTH Technologies: a sensor that can be implemented with a biomass cook stove to monitor fuel usage.
  • Cool Bubble Tech: a vapor chamber component designed to prevent overheating in wearable devices.
  • Clear Run Filtration: long term, sustainable storm water treatment.
  • Rambuta: remote sensing for plant stress via a new and more efficient proxy using machine learning.
  • Assure: “safe jewelry” GPS based wearable’s for women designed to notify authorities in risk situations.
  • Tour de World: a centralized platform for tour guides to market their tours to travelers.
  • Mole Drone: a rover for used during fracking that can determine safety zones for workers.
  • Seiji’s Bridge: a line of products designed for children and those with developmental disabilities.
  • Sensiplicity: a customizable low cost, and modular sensor system for “big data” ag and other industries.
  • Top TEC: a device that can serve as a chair, scale and help patient mobility in hospitals and nursing homes.
  • PNW Dulse: a nutrient dense food product that tastes like bacon.
  • SeeSD: building an outreach program for STEM education and research and development in Senegal.
  • CYLBiotechnologies: Using algae to develop four high margin products from chitin to glucosamine to metal oxide nanomaterial.

 

The first elimination round will take place on February 9th, 2017 from 5:30 -7:30 PM. The event will be held in the Stirek Auditorium in Austin Hall on the Oregon State University campus. All events are open to the public.

Contact: Mark Lieberman, Chief Startup Officer, mark.lieberman@oregonstate.edu

website: Next Great Startup

###

The Oregon State University Advantage Accelerator/RAIN Corvallis focuses on high-growth, innovative companies from the mid-Willamette Valley and extended Oregon State University community. The Accelerator assists innovators and entrepreneurs, providing the tools and resources necessary for success with their emerging enterprises.