A simpler, less messy approach to protein supplements helped University of Tennessee, Knoxville, junior Florin Matei take home the top prize at this year’s Vol Court Pitch Competition. Simple Supplements, a startup founded by Matei, beat 18 competitors to take first place.
Vol Court is hosted twice a year by the Anderson Center for Entrepreneurship and Innovation in UT’s Haslam College of Business.
Simple Supplements provides a protein powder product that requires no measuring or preparation by the consumer. The ready-to-use protein powder pods feature an edible casing, ready to mix with liquids.
Matei, a management major from Gallatin, Tennessee, won $1,500 along with one year of free office space in the UT Research Foundation Business Incubator, consulting services courtesy of PYA, legal advice from Morehous Legal Group and a yearlong subscription to TurboFunder provided by Funding Sage.
Second place went to Matthew Young’s Sparrow Drones, a rescue communications device aimed at strengthening the correspondence capabilities of EMTs, police, firefighters and other first responders. Young, a junior in finance from Chester Springs, Pennsylvania, won $1,000, six months of free office space in the UT Research Foundation Business Incubator, consulting services from PYA, legal advice from Morehous Legal Group and a yearlong subscription to TurboFunder provided by Funding Sage.
Third place went to µRNA Technologies, a company developing diagnostic kits for simple, rapid detection of pathogens causing diseases. Sushmitha Vijaya Kumar, a Ph.D. candidate in the Graduate School of Genome Science and Technology from Knoxville, founded the company. She was awarded $500 and a yearlong subscription to TurboFunder provided by FundingSage.
“I’m pleased by the number and variety of ideas this semester,” said Shawn Carson, Vol Court director. “Vol Court continues to grow each semester.”
The Vol Court Pitch Competition was the final event of the spring 2017 Vol Court Speaker Series. Prior to the competition, teams attended five entrepreneurial lectures covering topics like opportunity identification and intellectual property. Prize money was donated by presenting sponsor Cirrus Insight and supporting sponsors Launch Tennessee and the IT Company.
Vol Court is a free event hosted by the Anderson Center each fall and spring semester. It is open to UT students, faculty and staff, as well as members of the local community. Sponsors for the spring competition included Cirrus Insight, the UT Research Foundation, Launch Tennessee, PYA, Morehous Legal Group, the IT Company, Hard Knox Pizzeria, Three Roots Capital and Funding Sage.