Thursday February 9, 2017 0 comments
All five companies will have the opportunity to present their business plans to a panel of judges in a “Shark Tank” format at the University Center on the University of Northern Colorado campus.
The competition was open to Colorado-based startup ventures or businesses that have begun business development, market research and product development.
“Our judges were incredibly impressed with the semi-finalists this year. The five finalists have all presented business models that could ultimately change the face of their respective industry, or serve a niche that is not yet being met,” said Paul Bobrowski, dean of the Monfort College of Business.
The five finalists are:
- Class Composer (Boulder, www.classcomposer.com): A web-based software service to help elementary schools create better class lists in significantly less time. The software enables school staff to feel confident about creating balanced and effective classes in less time.
- EZ Protein (Pueblo, http://ezproteinmachine.com):An innovative protein dispenser for ultimate convenience that stores up to three different types of protein powders or other supplements, water, and has a simple, intuitive touchscreen user interface.
- Lacuna Diagnostics (Fort Collins, www.lacunadiagnostics.com): Promises to save pets’ lives by dramatically reducing diagnostic turnaround time by creating and sharing digital images rather than relying on shipments of physical microscope slides.
- Stow (Windsor, www.Stow.io):An online community and marketplace for storage and parking, allowing users with extra storage space to make extra income by listing it on the Stow platform. Stow helps connect those who have storage space with those that need space while providing extra income to everyday people.
- To Market (Arvada, www.tomarket.farm): A simple online marketplace for sourcing local food, bringing efficiencies previously missing to the local buying and selling process of high quality foods supporting high quality restaurant experiences. To Market creates a tool for farmers to maximize their time, yields, and earnings while getting the best chefs the best quality products.
The first-place winner will receive $25,000, second-place $13,000, third-place $7,000, and fourth and fifth places will receive $2,500 each. In addition to prize money, winners will receive business incubator services from UNC BizHub, the business incubator at UNC.
For more information about the competition visit www.mcb-echallenge.com.