Five finalists announced for the 2016 Monfort College of Business Entrepreneurial
Five finalists will compete in the Monfort College of Business Entrepreneurial Challenge on Tuesday, March 29, 2016 for a piece of $50,000 in prize money.
The five finalists include:
Aerosol Devices (Fort Collins): An advanced scientific instrument for the collection of airborne particles for physical, chemical, and biological analysis. Aerosol Devices is bringing advanced aerosol collector technology to market to create better samples for better analysis in the lab.
The Food Corridor (Fort Collins): The first online marketplace for food businesses to find commercial kitchen space, enabling efficiency, growth, and innovation in the food system. The Food Corridor provides online booking, payment processing, disbursement, and reviews to match food businesses without adequate production facilities with underutilized commercial kitchens who have available space, creating an access economy in the food industry.
mcSquares (Broomfield): Portable dry erase boards designed to foster innovation through collaboration. mcSquares are a connected, personal, mosaic system that aims to help executives and teachers facilitate creativity, empowering the entire group to create and contribute. The mcSquares design includes a clear dry erase surface to swap out guides and templates, and mounting brackets, allowing the system to ‘pop’ off the wall for idea sorting and sharing.
NerdNest (Denver): An innovative, engaging and fun social media site targeting female fans to create and share their favorite, nerd-based fandom content including photos, gifs, videos, and written content related to fandom. Nerd-based fandom can include specific geeky movies, books, television shows, anime, podcasts, or comic books with an obsessive following.
Planting Profits™ (Masonville): An online application that uses an agricultural friendly user interface to configure a model of the farming operation, using mathematical optimization to identify the most profitable combination of crops and acreage per field assignment. Planting Profits™ gives farmers the tools to maximize annual profits with fixed and flexible crop combinations.
All five companies will have the opportunity to present their business plans to a panel of judges in a “Shark Tank” format at 9News studios in Denver, hosted by Gregg Moss. The event will be televised at a later date on the 9News sister station, KTVD Channel 20 and streamed on mcb.unco.edu.
The first place winner will receive $25,000, second place $15,000 and the third place prize is $10,000. In addition to the prize money, winners will receive business incubator services from UNC BizHub, the business incubator at the University of Northern Colorado, as well as exposure on a state-wide media platform through 9News.
The winner of last year’s competition was QB Labs, a Parker company who empowers physicians, trainers, and physical therapists to quantify and streamline client progress for better movement analysis and improved treatment outcomes with MovementTek, their wearable tech system.