Creativity and innovation were center stage at Chapman University last week, where 19 universities competed in the “California Dreamin’ Business Plan Competition,” which brings together the nation’s top entrepreneur programs. In addition to substantial cash prizes, teams had the opportunity to secure up to $1 million in start-up funding from professional investors. Brigham Young University was awarded first place for their “AutoBid” plan, a program that streamlines data entry from the insurance company to the autoshop, saving 30 to 120 minutes of processing time for each claim.
UC Berkeley and the University of Houston received second place. UC Berkley presented “Traverie,”" an interactive travel magazine that brings together content from social media and relevant advertising into one visually compelling experience. University of Houston presented “UNlimiters,” an online retailer offering products and services for the physically impaired, with the goal of creating a unique community to build relationships and make everyday life easier.
The finalists were Oklahoma University and the University of Utah. Oklahoma presented “NanoMed,” a market disruptive drug delivery system used to more effectively treat Atrial Fibrillation. University of Utah presented “Badger Mobile Authentications Software,” a program that eases mobile timecard logins for employees with accurate location coordinates and secure user authentication. CLICK HERE for a complete list of participants and business plan description. For more information contact Matt Petteruto, Vice President of Economic Development.