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Wharton Business Plan Competition 2008, Update

Twenty five teams are competing for $70,000 in prizes from the Wharton Business Plan Competition. The 25 semi-finalists were recently whittled down from a total of 344 students who presented ideas.

This video highlights some of their ideas.

There’s a full list of the semi-finalists after the jump.

  • Changin Your Life Forever LLC (Team Lead: Adrian Ironside, WG’08)CYLF LLC mission is too enhance the lives of others by introducing a full range of herbal and ayuverdic products.
  • FlyBy (Team Lead: Anton Popov, WG’09)FlyBy aims at providing subsidized ad-supported music to listeners using portable devices, personal computers, and the Web.
  • Gelomatrix (Team Lead: Wee Siong Goh, SEAS’08)We are a biomedical device company which utilizes proprietary technology in hydrogel for tissue engineered therapy and controlled drug delivery. Our initial product, Chondrogel, is for treatment of damaged articular cartilage.
  • Illumination Diagnostics (Team Lead: May Sripatanaskul, SEAS’09)Illumination Diagnostics is a global medical device company. Illumination Diagnostics is dedicated to providing hospitals and physicians with novel technologies for quick, accurate and cost efficient detection of breast cancer; for the purpose of advancing the quality of life of patients.
  • Innova Materials (Team Lead: Michael Young, SEAS’08)Innova Materials is a surface modification technology company that provides a simple and easily-adoptable process to functionalize plastic and rubber surfaces. This post-manufacturing spray process, called Innlay™, embeds active particles into nearly any plastic or rubber, creating durable and functional product surfaces. Applications include anti-microbial surfaces, biosensors, and RFID tags.
  • Isle Mobile (Team Lead: Josh Wais, W’11)A SMS/WAP-based mobile social network leveraging the Facebook platform to create a unique and powerful tool for people to stay engaged and in communication with others as well as the information that is important to them while on the go.
  • iTherapetuics (Team Lead: Rich Viens, WG’08)iTherapeutics is developing a drug to prevent blindness. iTherapeutics researchers have discovered a new gene target thought to be significantly upstream from the gene currently targeted by anti-body therapies. iTherapeutics is utilizing a novel mechanism called RNAi to deliver the drug to the gene target.
  • Mahila (Team Lead: Supriya Uchil, WG’08)MAHILA proposes a technology solution to address the inefficiencies of the microfinance loan appraisal and execution process. Through an integrated software and wireless hardware solution, our product will reduce, by 30%, the time involved in initiating and maintaining a microfinance loan.
  • Mtandao (Team Lead: Ian Webb, W’08)Mtandao (Swahili for ‘network’) will provide a mobile online auction platform for Kenya. This service will resemble that provided elsewhere by eBay and other online auction sites. Like them, Mtandao will create value by seamlessly connecting sellers and buyers in highly fragmented markets.
  • Organ Transplant Technologies (Team Lead: Clayton Knox, WG’08) Our mission is to develop and commercialize a patented preservative solution, Polysol™, and medical device, Airdrive™, for preserving organs during transport for purposes of transplantation. The company’s devices significantly extend the time that organs remain viable outside the body, thereby increasing volume, lowering costs, and improving outcomes of transplants.
  • PerfectExpression (Team Lead: Rob Larson, WG’08)PerfectExpression has developed a new technology, GeneCount, that provides a precise and sensitive method to perform gene expression profiling as a greatly improved alternative to existing microarray technology, a $600 million market. Our product will be sold through providing services as well as selling equipment and refillables for in-house research.
  • Proteza (Team Lead: Chrysta Irolla, SEAS’08)SmartSock is a prosthetic accessory that is worn on the residual limb of a transtibial (below-knee) amputee. This prosthetic sock contains technology that alleviates discomfort and prevents the skin breakdown commonly referred to as a pressure sores. SmartSock is made of a sweat-wicking material and has a pressure relieving system.
  • SCM Inc. (Team Lead: Sara Tenenbein, WG’09)The brallet is both a pair of silicone breast enhancer inserts and a wallet that a woman can carry in her brassiere.
  • Sextant IP (Team Lead: Han Shen, WG’09)Cost-effective patent information analysis.
  • Snowball Exchange (Team Lead: Francis Kim, WG’08)The Snowball Exchange is a music services company for independent musicians and their fans.
  • Solixia (Team Lead: Irene Susantio, WG’08)Solixia is an early stage radiopharmaceutial company developing products that allow doctors to target radiation specifcially to solid tumors. Our portfolio of product candidates include SLX-1016, a breast cancer imaging agent, and SLX-804, a treatment for ovarian cancer.
  • Sustenance Health Food (Team Lead: Jothiram Athreya, WG’09)The plan is to introduce a range of food products catering to the growing Diabetic Population in South East Asia. The larger vision is to establish a brand that eventually takes the health food platform through phased introduction of products suitable to various conditions.
  • Syatsui (Team Lead: Shingo Yatsui, WG’08)Moovejuice plans to develop a breakthrough product that harvests energy produced by random or targeted body movements to charge portable devices such as cell phones.
  • Tollbit (Team Lead: Alexey Chalimov, WG’09)Tollbit will develop and provide an online backup and storage service for small and medium businesses using distributed network architecture. Later, this new infrastructure will be first transformed into a new web backend solution and ultimately into a hosting platform.
  • TracNatal (Team Lead: Xiaoming Fang, WG’09)Medical device company that focuses on infant health
  • Ultrasonic (Team Lead: Mitesh Patel, WG’09)Our technology uses a patented low-frequency ultrasound to cause an injected microbubble contrast agent to visualize and disrupt tumor blood vessels without harming normal human blood vessels.
  • Visigy Systems Inc. (Team Lead: Ravi Annavajjhala, WG’08)Visigy develops and sells gadgets to monitor residential power. The products are easy to install, use and are cheaper compared to competitors’ products.
  • Waterways (Team Lead: Jonathan Taqqu, WG’08)Waterways leverages the shifting attitudes regarding bottle water, creating a more sustainable product using local water. A vending machine will offer filtered, cooled water and bottle it on demand, within the machine, in a low-waste (recyclable) bottle.
  • Wharton Business School – student (Team Lead: Arjun Raychaudhuri, WG’09)Market place for academic consulting services
  • Wharton School (Team Lead: Liuwen Duan, WG’08)A technology innovation that can be applied to the interior architecture and auto industries. We hold patents of technology and related products, and wish to introduce the products into US market.
   

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