Viemetrics, a company that has developed a low-cost, portable spirometer that can potentially predict asthma attacks, won the $10,000 first prize prize for new ventures at the 2017 Lulu eGames yesterday. Lulu eGames awarded more than $100,000 in prize money across six different categories, including the Daugherty Endowment category for companies who have licensed NC State intellectual property.
Over 350 people attended the Lulu eGames LIVE event on Thursday at North Carolina State University. The annual competition is sponsored by Lulu.com in partnership with the NC State Entrepreneurship Initiative.
The winning teams emerged from over 190 entries and were chosen by a panel of judges from two rounds of competition. The final winners were selected based on combined scores from a business plan and in-person pitch.
Other winners were:
New Venture
2ND PLACE – $7,000 | Sakarotec
SaKaroTec is an innovative new way to preserve red blood cells that revolutionize the blood supply industry.
3RD PLACE – $5,000 | byt no pressure
BYT No Pressure is an enhanced dental guard that combines a slim fit structure with a maximum pressure absorbing design.
Arts Ventures
For arts-based ventures or ventures that support the arts community
1ST PLACE – $5,000 | Ataristicians
Ataristicians is a venture aimed at combining video games with artificial intelligence research and statistical teaching.
2ND PLACE – $3,000 | thrive collective
Thrive Collective is an organization that fosters collaboration and education in the nonprofit sector.
3RD PLACE – $2,000 | Crimson Moon Records
Crimson Moon Records is a recording studio dedicated to helping artists and students express themselves.
Built on Cloud
For ventures developed using one or more of IBM’s Cloud Services.
1ST PLACE – $5,000 | ripenow
RipeNow is a platform that connects restaurants with crowd-sourced produce from local farms.
2ND PLACE – $3,000 | Medtraq
Medtraq is a handwashing compliance system that aims to reduce the $9.8 billion in preventable healthcare costs associated with hospital acquired infections.
3RD PLACE – $2,000 | ataristicians
Ataristicians is a venture aimed at combining video games with artificial intelligence research and statistical teaching.
Social Impact
For ventures using the power of business to solve environmental and social challenges.
1ST PLACE – $5,000 | viemetrics
VieMetrics has developed a low-cost, portable spirometer that can potentially predict asthma attacks.
2ND PLACE – $3,000 | Rhytchor
PulseAware by Rhythcor aims to combat the biggest killer among firefighters — heart attacks.
3RD PLACE – $2,000 | ATARISTICIANS
Ataristicians is a venture aimed at combining video games with artificial intelligence research and statistical teaching.
Design and Prototype
For ventures that have a product concept design or prototype.
1ST PLACE – $5,000 |VIEMETRICS
VieMetrics has developed a low-cost, portable spirometer that can potentially predict asthma attacks.
2ND PLACE – $3,000 |Re-cycle
Re-Cycle is a lightweight, inexpensive and scalable bike share system for cities and universities.
3RD PLACE – $2,000 |rhythcor
PulseAware by Rhythcor aims to combat the biggest killer among firefighters — heart attacks.
Daugherty Endowment
For ventures with licensed university-owned IP
1ST PLACE – $25,000 |LUMEOVA
Lumeova is developing an ultra-fast wireless communications product to speed up mobile connectivity speeds by 10X.
2ND PLACE – $15,000 |BRESTEM
BreStem is a venture with first-in-class lung stem cell therapy for pulmonary fibrosis.
3RD PLACE – $15,000 | INSIGHT FINDER
Insight Finder provides predictive analytics services that deliver insights in real time.
Rhythcor won the audience choice award.