2018 Panasci Technology Entrepreneurship Competition

2018 Panasci Technology Entrepreneurship Competition held at U.B

This years winner was a company called Bitcrusher! The technology they won with is a device for a guitar that allows a user to control digital sound effects right on the instrument. Team members Shane Nolan, Ryan Jaquin and Alex Schwartz put on an impressive demo and the judges were impressed.

 

Other teams were the following:

 

WNY Data Alliance - A software solution that improves the visualization and integration of electronic health records to reduce time and prevent misinterpretation and medical error.

Willow - A Platform that assists with the placement decision process for elderly loved ones who need care.

Chip Down - A portable, golf inspired chipping game that uses specially engineered and adjustable golf wedge.

Storillo - A Management platform to streamline group work for teachers.

 

There were 33 entries, and the teams were required to submit written materials and a video pitch,  all to come down to 5 teams that pitch to the judges.

 

The 5 judges were:

 

George Chamoun - CEO, ACV Auctions

Bill Collins - Managing Director, Starboard Venture Partners, LLC

Rachel Jackson - President and Founder - Rachel's Remedies, LLC

Christian Johnson - Founder and CEO, Driver Watchdog

Matthew Wagner - Senior Vice President - Corporate Development, Delaware North

 

Only the the 1st and 2nd teams were winners, with 1st place receiving

$25,000 in seed funding as well as in-kind services like legal, HR,

accounting and more valued at $27,000 for a total of $52,000. The first

place team also gets the opportunity to pitch to investors at the Bright

Buffalo Niagara Expo. The 2nd place team receives $10,000 in seed funding.

 

This competition was created by the UB School of Management in 2001 where

Eric Reich(StudentVoice and Campus Labs) won the first ever tournament. It 

has been held annually and now in it's 18th year.

 

For more information click the link:

https://mgt.buffalo.edu/entrepreneurship/center-for-entrepreneurial-leadership-cel/panasci-technology-competition.html

 

 

 

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