Musical rings win $75K in startup contest; robotic muscles grab $25K

first_imgNVC 10 winning teamsSpecdrums: The winner of the General Track, Specdrums has created an app-connected ring that turns color into sound, making the entire world of colors your instrument. ($75,000)HASEL artificial muscles: The winner of the Research & Development Track, HASEL is a robotic company creating the next generation of robots with biomimetic motion. ($25,000)Beautibook: The winner of the IT Track, Beautibook offers a mobile application that acts as a recipe book to help the beauty community organize, share and discover makeup looks and products. ($2,000)Statehill: This year’s wildcard venture is Statehill, a database that includes legislative information from all 50 states, enabling a more productive and navigable legislative process. ($2,000)Cannabis Marketing Association: CMA, the Creative Industries Track winner, is a professional trade association for marketers in the cannabis industry. ($2,000)NVC 10 sponsorsBrad Feld and Amy Batchelor and The Caruso Foundation provided the $100,000 prizePrize & Track sponsor: Zayo GroupIn-kind sponsors: Galvanize, dojo4, Shinesty, Poindexter, Elevations Credit UnionAudience Choice Award sponsor: City of BoulderCategories:Deadlines & AnnouncementsCampus Community Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Comfortable and confident on stage with a panel of judges on one side and hundreds of eager faces in the audience, Steven Dourmashkin tapped the brightly colored plastic rings on his hand against spots of color on his T-Shirt. With each tap, a new tone rang out.The crowd erupted in “ooohs,” cheers and claps as it became clear that this aerospace engineering graduate student and lifelong drummer had made the world and all its varied and colorful surfaces his own personal keyboard.After a handful of CU Boulder teams pitched their businesses before a panel of friendly but intense judges (think Shark Tank but quite a bit nicer), team Specdrums won the grand prize of $75,000 in the 10th annual New Venture Challenge (NVC) championships, held for the first time at the Boulder Theater on April 4.More on NVC 10Social Impact Prize Winner: Veganarke Women’s Entrepreneurship Prize Winner: Norma Audience Choice winner: NormaLearn More About the New Venture ChallengeLearn More About Innovation & Entrepreneurship at CUWith that, Dourmashkin and his team are on track to get the product into the hands of schoolchildren, musicians and other creative types around the world. In between congratulatory hugs and posing for photos, Dourmashkin said the cash prize will allow him to hire more people and create more inventory.“We can scale up a lot more,” said Dourmashkin, who started Specdrums as an undergrad at Cornell University. “We haven’t raised any money yet. This is big.”Second place went to HASEL artificial muscles, a group of CU Boulder researchers working on a prototype for soft-tissue robots. Other top-five winners include: BeautiBook, an app for creative makeup enthusiasts; Statehill, an interactive database of international legislative information and updates for lobbyists and others; and the Cannabis Marketing Association, aimed at sharing best practices in marketing cannabis, with its many varied rules and regulations across the country.Before the winners were announced, Zayo Group CEO and founder and a local sponsor of the NVC prize money Dan Caruso said he saw “real businesses” emerging.“Some already have revenue, they have momentum, they’ve raised money,” Caruso said. “I’m glad I’m not in the seat of the judges. It’s going to be a hard one to figure out.”CU Boulder’s ‘flight simulator’ for startupsThe New Venture Challenge is CU Boulder’s go-to program for aspiring entrepreneurs. Participants represent majors and departments from across the university. From undergraduates to graduates, PhD candidates to postdocs, and faculty to staff, everyone is invited to come watch and support or actually pitch their idea.For 10 years, the NVC has been CU Boulder’s entrepreneurial “flight simulator,” giving teams the chance to build a startup and gain outstanding support and mentorship in a world-class community of entrepreneurs, startups and established businesses in the university’s backyard.The NVC is divided into tracks including general, information technology, research & development, and creative industries. Track finalists and the NVC champion receive award money. In addition, NVC awards a Social Impact Prize, which encourages teams to focus on social and environmental responsibility, and the Women’s Entrepreneurship Prize, which encourages and promotes female entrepreneurs.Some 117 teams participated in the 2018 challenge beginning in September, with the top finalists competing for the grand prize this week. Over the past decade, 25 teams that rose up through the NVC championships have gone on to win $13.4 million in additional funding.Brad Feld, another generous sponsor, managing director of Foundry Group and co-founder of Techstars, participated in a Q&A with Caruso moderated by emcee, law professor and Director of the Entrepreneurship Initiative at Silicon Flatirons Center Brad Bernthal, who noted that the event at the art deco Boulder Theater as a sort of “Carnegie Hall of Boulder’s startup scene.” Caruso added that “success stories feed other success stories” and that the Front Range offers a unique opportunity for entrepreneurs.“The whole corridor (represents) a whole opportunity to start up and scale businesses of multiple different types…that touch all parts of the world,” Caruso said.  Excitement builds for 2019Organizers also had some exciting news to share about next year: a $200,000 match for prize money. Some people pledged support of $10,000 or more on the spot.”I’ve never seen anything like that at a CU event before — the excitement of the night, the energy. It was palpable,” said Ali LeBeau Greenstein, New Venture Challenge director. “The more funding the NVC has, the more we can support these amazing ideas that are coming out of the university.”In the Q&A, Feld said the future looks bright for the New Venture Challenge—as long as relationships between established entrepreneurs and newcomers to the game continue to be forged and cultivated.“An essential component … is that this spans across generations,” he said. “A powerful thing to focus on … is to make sure we’re really laying down connective tissue between all the people.”Feld, who was involved in a similar initiative at MIT in the past, encouraged CU Boulder’s NVC to start a database of companies born through the NVC so that generations of entrepreneurs can continue to learn from one another and support each other.“CU can really be the hub for that for a lot of the community,” Feld said.center_img Published: April 6, 2018 • By Julie Poppen last_img read more

North America commits to 50% clean energy by 2025

first_imgDuring the North American Leaders’ Summit, the leaders of Canada, Mexico and the United States committed to advance clean energy and integration of energy resources, including renewables, by setting a goal of 50% clean power generation in North America by 2025.The Summit, which was held in Ottawa on June 29, saw the announcement of the North American Climate, Clean Energy, and Environment Partnership, made by Canada’s Prime Minister Justin Trudeau, the United States’ President Barack Obama, and President of Mexico Enrique Peña Nieto.As part of the partnership, the leaders revealed the Action Plan which identifies the deliverables to be achieved and activities to be pursued by the three countries.The leaders stated they would strive to accomplish the goal of 50% clean energy generation through clean energy development and deployment, clean energy innovation and energy efficiency.They also committed to support the development of cross-border transmission projects, including for renewable electricity, and to conduct a joint study on the opportunities and impacts of adding more renewables to the power grid on a North American basis.Elisa Obermann from Marine Renewables Canada welcomed the initiative by saying: “This is a positive step towards the creation of a broader international strategy to address policy barriers and increase the export of Canadian renewable electricity, technologies, services and products to markets around the world.”last_img read more

Route for 2020 Opening of Carnival Parade

first_imgLocalNews Route for 2020 Opening of Carnival Parade by: – January 15, 2020 Share 280 Views   no discussions Share Tweet Share Sharing is caring! The Dominica Police Force has made public the route for this year’s opening of Carnival Parade.Carnival 2020 will officially open this Saturday 18th January 2020 with the traditional parade.Speaking at a Dominica Festivals Committee press conference today, Assistant Chief of Police, Richmond Valentine announced that the parade will begin from Victoria Street along the Dame Eugenia Charles Boulevard.“They will move north unto the Dame Eugenia Charles Boulevard and then East on King George V Street, north on Great George Street, east along the River Bank, south on Independence Street and then east on Kennedy Avenue and then into the Windsor Park Sports Stadium,” Officer Valentine said.He further disclosed that temporary arrangements have been made to facilitate traffic flow on Saturday.“From the junction of Bath Road and Victoria Street to the roundabout at Fort Young Hotel, we will ensure that that portion of road is available for the parade groups to assemble. However, from the junction of Bath Road and Victoria Street to the intersection of High Street and DBS, vehicles will only park on the western side.“From the junction of High Street to the roundabout, you are able to utilize both east and west sides. The necessary traffic arrangements will be in place to facilitate that process.”The parade is expected to begin 3:00 p.m. and end at 6:00 p.m followed by the official ceremony at the Windsor Park Stadium Forecourt.Events Manager of DFC, Marva Williams informed that all vehicles and groups who are part of the opening parade should enter through the third entrance gate on River Street, near the riverbank.                                      Assistant Chief of Police, Richmond Valentinelast_img read more