When Ventureprise organized an inaugural Venture Challenge competition, the early stage entrepreneurs showcased their ideas to a panel of judges. The first place winners and runners-up in every category received cash prizes of $1,000 and $500, respectively. The presenters included local entrepreneurs, technologists at the UNC Research Center in Charlotte, and undergraduate students from UNC-Charlotte. This past week, the Research and Economic Development Division of UNC-Charlotte and the Technology Transfer Office hosted the event once again. The event was held at the UNC-Charlotte Research Institute Campus.
RedWire Logic emerged second in the 2013 Charlotte Venture Challenge among the Participating Undergraduate Teams student category. The presentation consisted of a three minute, multi-media presentation judged by a panel that including Innovation executives at Belk, Lowes, Husqvarna, Flextronics, and Electrolux. The Redwire Logic team members who presented were Joshua Tyler Cox, Peter O’Connor, Neil Taylor, and Justin Hinson. Courtesy of their second place position in the challenge, they were rewarded $500. The first position and $1,000 prize in the student category went to the solar traffic light team, and third place was awarded to the Dryer Adapter team along with $250.
The motto and goal of the RedWire Logic team is to “bring ideas to life.” Entrepreneurship is the main factor behind the rapid development and growth of many economies throughout the world. Teams like RedWire Logic make these ideas into realities for the benefit of all.
The RedWire Logic team’s project is ILA- Integrated Living Assistant. This is a unique platform and infrastructure that allows for easy integration of future technologies into the home or business.
In the category of research center technology, the first position went to Solid Remediation, the idea of Ryan Rutledge. According to him, soil remediation describes the various strategies which can help in the purification and revitalization of soil. The second position went to computational imaging, the idea of Mehrdad Abolbashari. Abolbashari is a research assistant at the UNC-Charlotte who works on the design and implementation of compressive systems of imaging, which processes and reconstructs the linear projections of compressible images or signals. Third place was awarded to the Video Collaboratory project, the idea of Vikash Singh. Video Collaboratory is a platform that enables people to create digital workflow and establish collaboration of the videos.
We were so proud and honored to be a part of this event with so many great innovators!
Photos Credit: Charlotte Research Institute - https://cri.uncc.edu/entrepreneurship-economic-dev/charlotte-venture-challenge/2013-cvc-pitch-day-photos