Sara Jones, TMMBA Assistant Director & Class of 2012
5 TMMBA teams of over 20 students from the Class of 2012 participated in yesterday’s Investment Round at the UW Foster School’s annual Business Plan Competition. We even had a 2010 alum in the competition!
In total there were 101 entries into the competition and 36 teams were selected for the Investment Round. The ideas were more diverse than I remember in the past – from food and technology products to healthcare solutions, products for social good, and an innovative pocketed bra. There was something for everyone!
During the Investment Round, teams had 4 hours to pitch their ideas to judges from the Seattle entrepreneurial community. At the end of the day the judges invested $1000 CIE dollars in the teams that they found the most intriguing. The 16 teams with the highest investments were selected to advance to the Sweet 16 Round. I’m proud to say that 3 TMMBA teams made it through – GroBox, Xylemed, and Highlight Hunters.
Teams now have one crazy month ahead to refine their pitches and improve their business plans before the Sweet 16 Round. All of the TMMBA teams in the competition worked hard and did a great job. Way to go!
The TMMBA Teams:
Highlight Hunters – @highlighthunter | http://www.highlighthunter.com/
Highlight Hunter’s software saves camera owners time by finding the highlights in their videos. It works with any digital camera and can be downloaded free on Mac and PC.
Viva Aguas Frescas – (TMMBA alum) @vivaaugasfrescas
A non-carbonated beverage company committed to producing Aguas Frescas beverages that embody the always fresh, all natural and HEALTHY Aguas Frescas.
Xylemed – http://xylemed.com/
Xylemed Ember is a cloud-based electronic patient tracking and operations management system that leverages existing information systems to manage hospital workflows—improving communication and safety, while reducing expenses.