Six student teams from Rensselaer Polytechnic Institute participated in a recent statewide business plan competition, with four teams winning in several categories.
More than 20 student-run teams from colleges and universities across the New York state set their sights on winning part of the $100,000 cash prizes being awarded to winning teams as part of the New York State Business Plan Competition.
Students from accredited colleges throughout New York state were invited to submit business plans for a student-born innovation that addressed a currently unmet need. Additionally, students from diverse academic areas were encouraged to work together to create a multidisciplinary approach to their research and business proposals.
The winning Rensselaer teams included:
- MICROrganic Technologies, which produced a device that converts energy present in waste water to electricity while meeting the current treatment requirements.
- Wavefront Technologies, which is developing a patent-pending technology that uses ultrasound, in conjunction with advanced communications and signals processing techniques, to wirelessly transmit high-rate digital information as well as electrical power through metallic walls.
- Fire Department Solutions, a nonprofit organization that provides cost-effective, user-friendly fire department management software systems.
- Microwaves for Nanostructures, a nanomaterial manufacturing business based around an innovative manufacturing technique that uses microwave synthesis.
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