All posts by Ellen Pepin

Assistant Director, Communications and Marketing Buerk Center for Entrepreneurship, UW Foster School of Business

$27,500 Awarded to Entrepreneurial Student Innovators

UW EIC 2014 Winners Korvata and NOVA Solar Window
UW EIC 2014 Winners Korvata and NOVA Solar Window

 

The annual UW Environmental Innovation Challenge (EIC), now in its sixth year, challenges interdisciplinary student teams to define an environmental problem, develop a solution, produce a prototype, and create a business summary that demonstrates the commercial viability of their product, process or service.

23 teams were selected to compete in the 2014 UW EIC. Each of these teams proved that students have the potential to address our most pressing environmental needs—alternative fuels,  recycling, solar power, water treatment—with novel solutions that have market potential. After pitching their innovations to a group of 170+ judges—investors, entrepreneurs, policy-makers, and experts from across sectors—the six teams with the highest scores were awarded up to $10,000 in prize money. Congratulations to this year’s winners:


$10,000 Grand Prize
Korvata (University of Washington)
Korvata has created a cutting edge alternative energy product that allows companies to mitigate their environmental impact by replacing the use of nitrous oxide as a whipped cream propellant.
(sponsored by the UW Center for Commercialization)
 
$5,000 Second Place Prize and $5,000 Clean Energy Prize
NOVA Solar Window (Western Washington University)
NOVA Solar Window combines the power producing capabilities of a solar panel with the utility of a traditional window. The utilization of transparent solar energy technology allows solar windows to provide renewable energy where traditional solar panels cannot.
(sponsored by Puget Sound Energy the UW Clean Energy Institute)
 
$2,500 Honorable Mentions
Loopool (Bainbridge Graduate Institute, Seattle Central Community College, University of Washington)
Loopool is reinventing the garment industry business model by creating a closed-loop supply chain, transforming reclaimed cotton garments and textiles into high-quality, bio-based fiber.
(sponsored by Starbucks) 

Salon Solids (University of Washington)
Salon Solids reduces the amount of plastic waste and hazardous chemical consumption that occurs with most hair products. Its six-ingredient shampoo and conditioner comes in solid form, eliminating the need for the preservatives necessary for a product with water in it, and its packaging is recyclable, biodegradable and does not contain plastic, further reducing waste.
(sponsored by Fenwick & West) 

Ionometal Technologies (University of Washington)
Ionometal Technologies has created a metal plating technique that allows for precise metal-on-metal deposition which can be used to repair gold test boards. The Ionometal printer prints metal plates that are smaller than can be seen with the naked eye.
(sponsored by WRF Capital)

 

Check out what guests, judges, and teams had to say about the 2014 UW EIC on Twitter: #UWEIC2014

The 2014 UW EIC challenges student innovators to think like entrepreneurs

The U.S. Department of Energy recently held its fifth Advanced Research Projects Agency-Energy  (ARPA-E) Innovation Summit—an annual event that brings together academics, entrepreneurs, innovators, and thought-leaders to discuss our most pressing energy issues, the technologies being developed to address them, and the market potential of innovative energy technologies.

A central message of the three-day summit was the importance of entrepreneurship. Keynote speakers like U.S. Secretary of Energy Ernest Moniz and Pulitzer Prize-winning author Thomas Friedman stressed the importance of commercializing new technologies. Their message was clear: it’s one thing to develop a breakthrough technology. It’s another thing to turn that brilliant technology into something commercially viable. If you want to advance energy innovation and solve our energy crises, you have to think and act like an entrepreneur.

Pure Blue Adam Greenberg
Pure Blue Technologies, UW EIC 2013

For the past five years, the UW Environmental Innovation Challenge (EIC) has been delivering that same message to innovative and entrepreneurial students from colleges and universities throughout the Pacific Northwest. Each year, interdisciplinary student teams are challenged to define an environmental problem, develop a solution, produce a prototype, and create a business summary that demonstrates market potential. The quarter-long process culminates in a large, DemoDay-like event where a select group of teams pitch to a group of 150+ judges—investors, entrepreneurs, policy-makers, and experts from across sectors. The top teams are awarded up to $10,000 in prize money, and everyone comes away with valuable feedback and experience to help them realize the market potential of their innovations.

The 23 teams selected for this year’s UW EIC run the gamut of clean technology and environmental innovation: Loopool is addressing waste in the garment industry by creating a closed-loop supply chain that transforms reclaimed cotton garments and textiles into high quality, bio-based fiber; NOVA Solar Window combines the power-producing capabilities of a solar panel with the utility of a traditional window, providing renewable energy where traditional solar panels cannot. Korvata, in response to the harmful environmental effects of greenhouse gas emissions, has created a mixture of proprietary gasses to replace the use of nitrous oxide as a whipped cream propellant.

For the next month, these competitors, along with 20 others, will refine their prototypes, perform market analyses, hone their pitches, and prepare to prove that their innovation has the potential to succeed in the marketplace—and transform our world.

Follow the progress of the 2014 UW Environmental Innovation Challenge:

Science & Technology Showcase highlights student innovations

Many students at the University of Washington are working on science and technology-based innovations that have potential for commercialization. The annual Science & Technology Showcase (co-hosted by the Buerk Center for Entrepreneurship and SEBA) is a tradeshow-like event where students have the opportunity to share these innovations with an audience of fellow scientists and engineers, as well as to business students interested in working on the marketability of new technologies.

STS participants also have the opportunity to pitch their ideas to a panel of judges—Seattle-area entrepreneurs and investors—who give awards to the most commercially viable ideas, along with prizes for categories like “Best Poster” and “Most Enthusiastic Pitch.”

Congratulations to this year’s award winners:

$1,000 Grand Prize: Flu Finder
The Flu Finder is an inexpensive, easy-to-use, rapid and accurate flu test that operates similarly to a home pregnancy test, providing a yes/no answer from a swab of the patient’s nose.

$500 Second-Place Prize: ElectroMetal Solutions
ElectroMetal Solutions has developed a new approach to plating metals onto surfaces using metal ions dissolved in water—a technology that may be of use to industrial manufacturers who require precise applications of high-cost metal materials (think gold).

$300 Third-Place Prize: Find Nano
FindNano has developed a rapid, simple, affordable and portable technology to assess the presence of nonparticles in liquid samples (e.g. blood, rivers), solid surfaces (e.g. soil, food), and textiles.

Best Poster: Terra Mizu
TerraMizu’s goal is to design an environmentally-friendly and cost-effective clay-pipe irrigation device for use in developing nations.

Most Innovative: Seahorse Robotic
In order to more accurately develop oceanographic  weather forecasting models there needs to be a higher density and quality of measurements supplied by observation platforms on the ocean’s surface. Seahorse Robotic oceanographic platform was created as part of an ongoing attempt to design energy-independent surface vehicles.

Most Enthusiasm: GO+OD
GO+OD is a process and program developed to encourage millenials—the most civic-minded age group—to “go + do good.”

Best Communicator: H2.O
H2.O is developing a patent-pending technology that uses water as a medium to convert ambient infared radiation energy into electricity.

Best Marketing Strategy: ElectroMetal Solutions
(see above)

From concrete bunker to startup hub

CondonHallSince 2003, Condon Hall, former home of the UW Law School, has sat half-empty, providing temporary overflow space for various departments. Soon, Condon Hall will  become Startup Hall, a home-base for promising early-stage companies and the hub of what’s expected to be Seattle’s next hot startup district.

Startup Hall was the brainchild of a core committee of UW and entrepreneurial community leaders, including Paul Jenny, vice provost of the Office of Planning and Budget, and Chris DeVore, the director of Techstars and chair of the City of Seattle’s Economic Development Commission. It’s the first step in what will be a multi-year effort to transform the University District into a thriving entrepreneurial hub.

“It’s clear that this area is going to see major changes over the next 10+ years,” says DeVore, citing a recent economic study and the light rail build-out to the U-District that has stations slated to open in 2016 and 2021. The neighborhood’s anticipated improvements, along with its proximity to the UW, an institution buzzing with entrepreneurial energy, will make it a logical place for innovative businesses to put down roots.

The question has been, says DeVore, “what will it take to get these innovative, high-growth businesses to choose the U-District for their next office move?” The answer: Startup Hall. DeVore explains, “By beginning to shift early-stage startup activity to the neighborhood—with Startup Hall as the catalyst, but with the bigger goal of filling as much existing office space as possible with innovation-based companies—we’ll begin to integrate the university and the neighborhood with the innovation community.”

TechStars and UP Global,  Startup Hall’s first anchor tenants, will share an atrium-like space on the north side of the building. Across the hall, an open co-working space will house up to 20 small, early-stage tech companies. The building will also have an office for UW programs, including the Buerk Center for Entrepreneurship, plus spaces for meeting, eating, and the occasional Ping-Pong match. The entire structure has been redesigned to facilitate creativity and collaboration. With any luck, Start-Up Hall will open the U-District to a flood of ideas and new ventures. Who knows? In a few years, students might pass by the next Google or Amazon on their way to campus.

$120,000 awarded to student-led startups

JonesPresentation2014_ZGirls2
Z Girls co-presidents Libby Ludlow and Jilyne Higgins present their progress to a panel of judges

The Buerk Center for Entrepreneurship’s Jones + Foster Accelerator is a TechStars-like program that helps student-led startups get off the ground.

This year, five teams completed the six-month accelerator program, identifying and meeting milestones with the guidance of top entrepreneurs, lawyers and investors from Seattle’s entrepreneurial community.  From July 2013 to February 2014 they worked to build their teams, develop their services or technologies, get their products to market, and raise early-stage funding.

On February 4, the five teams made final presentations to a panel of judges and were awarded up to $25,000 in follow-on funding to pursue their next set of milestones.

  • PolyDropPolyDrop manufactures additives that transform regular coatings (think paint) into conductive coatings that dissipate static electricity and prevent interference caused by electric current flow.  PolyDrop has been awarded a Commercialization Gap Fund grant of $50,000 and a National Science Foundation STTR grant of $225,000, providing the funds necessary for 2014 operations and develop a prototype proving the viability of their product.
  • PureBluePure Blue Technologies, a water treatment technology company that provides visible light photo disinfection and desalination technology, is currently finalizing a license with the UW Center for Commercialization. The company has negotiated lab space with Ondine biomedical and has a term sheet for up to $1.5 million in equity funding, which will give them 18 months of runway to cover additional research and development and get them to the pilot stage.
  • ZGirlsZ Girls educates female athletes ages 11-14 on the mental and emotional skills important in sports and life. The company has received a $100,000 convertible note, raised $50,000 to provide scholarships for girls who demonstrate need, and hired 27 program leaders (all college or pro-level female athletes). In the last six months 182 girls have gone through Z Girls’ Seattle-based programs. (Check out Z Girls’ promotional videos on their website!)
  • StudentRNDStudentRND runs programs aimed at educating students (middle-school through college) about programming and engineering.  The nonprofit has created an advisory board, raised over $135,000 in sponsorships, and put together an operations plan that includes hosting 20 Code Days in Spring 2014.
  • LuckyStepsLuckySteps, a wellness program for companies and their employees, has raised $30,000 in the past six months. The company is working with a UW Human Centered Design and Engineering group on a usability study and has run beta tests with four prospective clients in order to prove its business model and pricing structure. Lucky Steps plans to wow the judges in this year’s UW Business Plan Competition.