Healthcare Innovation EasyWhip Wins Fall 2017 Vol Court Pitch Competition

A time-saving surgical tool created by UT graduate student Lia Winter took home the top prize at this semester’s Vol Court Pitch Competition. Winter pitched the device, EasyWhip, to beat a record 23 competitors.

Vol Court is hosted twice a year by the Anderson Center for Entrepreneurship and Innovation in UT’s Haslam College of Business.

EasyWhip is designed to help improve the speed and consistency of certain orthopedic surgical procedures.

“An individual orthopedic surgery can cost more than $50,000,” said Winter. “Costs associated with orthopedic surgical procedures can be reduced by decreasing the time that each surgery takes or by reducing the surgery revision rate.”

Winter, from Pittsburgh, Pennsylvania, is both an MBA candidate in the Haslam College of Business and an MS candidate in the UT Institute for Biomedical Engineering. She won $1,500 along with a sponsored prize package, which included free office space in the UT Research Foundation Business Incubator, consulting services courtesy of PYA, legal advice from Morehous Legal Group, and design services from Innovative Design Inc.

Second-place winner Matthew Young pitched his technology-enabled mirror business, Smart Mirrors. Originally built as a gift for his father, Young’s product delivers information to users directly on the mirror’s surface.

“I’ve been showing people the finished product, and it surprised me how many people gave the advice to make more and start selling them,” said Young. “I’m going to make the mirror the best it can be, using touch screen and voice command technology.”

Young, a senior in finance from Chester Springs, Pennsylvania, won $1,000 and the sponsored prize package.

Third place and $500 went to Quantum Lock, a technology that enhances the security of smart lock technology in private homes. Erica Grant of Richmond, Virginia, a PhD candidate in the UT–Oak Ridge National Laboratory Bredesen Center for Interdisciplinary Research and Graduate Education, founded the company.

“Quantum Lock leapfrogs the current smart lock generation by using a property of quantum physics to block out any hacking and provide maximum protection to a home without sacrificing any of the convenience,” said Grant.

“Vol Court has become one of the fastest-growing pitch competitions in the area,” said Shawn Carson, Vol Court director. “As the number of participants increases, we continue to see great pitches from people who are passionate about growing their idea into a viable business.”

The Vol Court Pitch Competition was the final event of the fall 2017 Vol Court Speaker Series. Prior to the competition, participants attended five entrepreneurial lectures covering topics like customer discovery and legal structure for businesses.

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 fall competition included the UT Research Foundation, PYA, Morehous Legal Group, Three Roots Capital, Funding Sage, and Innovative Design Inc.

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Boyd Venture Challenge Application Deadline Nov. 2

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The application period for the Boyd Venture Challenge, a seed-fund grant that awards up to $20,000 to student-owned startup companies each fall and spring semester, opens October 11. The competition is sponsored by the Anderson Center for Entrepreneurship and Innovation in UT’s Haslam College of Business.

The challenge is open to any early-stage company owned by a UT student. Eligible companies must be legally established, and the student owner(s) must be enrolled in a UT Knoxville or UT Institute of Agriculture undergraduate, master’s, or PhD degree program at the time of application.

To apply, students must submit an application to the Anderson Center by midnight Thursday, November 2. Applications should consist of an executive summary, requested funds, and milestones that will be accomplished with the funds if awarded. Full application instructions and eligibility details are on the Boyd Venture Challenge website.

Teams that advance to the presentation round will pitch to a panel of local business professionals Friday, November 17.

“The Boyd Venture Challenge is an exciting opportunity for early-stage ventures,” said Tom Graves, Anderson Center director of operations and director of the competition. “We are pleased to be able to offer opportunities for funding at this level.”

The Boyd Venture Challenge is made possible by the generosity of Randy Boyd, founder and executive chairman of Radio Systems Corporation, makers of PetSafe, Invisible Fence, and SportDog brands.

Since 2011, the endowed fund has awarded $312,000 to 34 student-owned startups.

UT’s Vol Court Speaker Series and Pitch Competition Kicks Off September 27

UT students, faculty, and staff as well as members of the local community, are encouraged to pitch their business ideas at Vol Court, a semiannual pitch competition and speaker series run by the Anderson Center for Entrepreneurship and Innovation in UT’s Haslam College of Business.

The competition begins September 27. Winners may receive up to $1,500 in prize money and space in the UT Research Foundation Business Incubator as well as legal and accounting services.

The series and competition are open to the public. There is no charge to participate in the event, and anyone interested in entrepreneurship is invited to attend.

“Whether you have a startup or are just interested in entrepreneurship, Vol Court is a great opportunity,” Shawn Carson, Vol Court director, says. “The schedule is designed to introduce participants to entrepreneurship and give them a starting point to help advance their ideas into reality.”

Vol Court kicks off on September 27 with a five-week interactive entrepreneurial speaker series. The fall series introduces new speakers, which includes local entrepreneurs and UT faculty.

The program culminates on November 1 in a pitch competition where attendees put what they’ve learned into practice. All pitch competition participants are eligible for cash prizes awarded to first-, second-, and third-place winners.

Vol Court meets from 5:15 to 6:15 p.m. every Wednesday from September 27 through November 1 in Stokely Management Center, 916 Volunteer Blvd. All meetings will be held in Room G4.

Anyone who plans to participate in the November 1 pitch competition must attend four of the five speaker sessions listed below:

September 27: Overview of Value Proposition and Customer Discovery

October 4: The First 100 Customers

October 11: Determining the Legal Structure for Your Business

October 18: Partnerships

October 25: The Pitch

Vol Court is made possible by donated funds and services from sponsors including PYA, Morehous Legal Group, Hard Knox Pizzeria, the IT Company, 3 Roots Capital, the UT Research Foundation, and other local businesses.

Application Now Open for the 2017 Startup Day Pitch Competition

Innov865 is now accepting applications for the fifth annual Startup Day pitch competition. Open to East Tennessee startups, Startup Day will give six finalists a chance to compete for $15,000 in cash prizes. The competition is the signature event of the second annual Innov865 Week, a celebration of Knoxville’s entrepreneurial community, September 18-22, 2017.

To apply for the pitch competition, eligible startups must be located in the East Tennessee region and fill out an application, available on the Innov865 Week website. Applications will be accepted from June 16 through July 7, 2017. The Innov865 Alliance will review applications and select six startups to participate. Applicants will be notified of the Alliance’s decision no later than July 17, 2017.

Startup Day 2017 is Thursday, September 21, 2017 at the U.S. Cellular Stage at The Bijou Theatre.

New this year, the Startup Day pitch competition will feature two prize categories: judges’ choice and crowd favorite. T&T Scientific, former Boyd Venture Challenge winner, claimed the winning prize during Startup Day 2016.

2016 Startup Day winner T&T Scientific

Innov865 Week is presented by the Innov865 Alliance. The Innov865 Alliance develops, supports and promotes the Knoxville region’s entrepreneurial ecosystem. Founding members include the University of Tennessee Research Foundation, Oak Ridge National Laboratory, PYA, the UT Anderson Center for Entrepreneurship & Innovation, Three Roots Capital, Launch Tennessee, Knoxville Entrepreneur Center and TVA.

Boyd Venture Challenge Application Period Opens March 30

The application period for the Boyd Venture Challenge, a seed fund grant that awards up to $20,000 to student-owned startup companies each fall and spring semester, opens March 30. The competition is sponsored by the Anderson Center for Entrepreneurship and Innovation in UT’s Haslam College of Business.

The challenge is open to any early-stage company owned by a UT student. Eligible companies must be legally established, and the student owner(s) must be enrolled in a UT Knoxville or UT Institute of Agriculture undergraduate, master’s, or PhD degree program at the time of application.

To apply, students must submit an application to the Anderson Center by midnight Wednesday, April 12. Applications should consist of an executive summary, requested funds, and milestones that will be accomplished with the funds if awarded. Full application instructions and eligibility details are on the Boyd Venture Challenge website.

Teams that advance to the presentation round will pitch to a panel of local business professionals Friday, April 28.

“We are fortunate to be able to offer seed funding at this level,” says Tom Graves, Anderson Center director of operations and director of the competition.

Randy Boyd and Tom Graves with the fall 2016 Boyd Venture Challenge award winners.

The Boyd Venture Challenge is made possible by the generosity of Randy Boyd, founder and executive chairman of Radio Systems Corporation, makers of PetSafe, Invisible Fence, and SportDog brands.

Since 2011, the endowed fund has awarded $277,000 to 33 student-owned startups.

Simple Supplements Wins Spring 2017 Vol Court Pitch Competition

2017 Spring Vol Court Pitch Competition winners: Sushmitha Vijaya Kumar, Florin Matei, and Matthew Young.

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.

First place winner and Vol Court judges: David Morehous, Morehous Legal Group; Alexa Sponcia, Hard Knox Pizzeria; Paul Sponcia, The IT Company; Florin Matei, Simple Supplements; Aaron Riley, Cirrus Insight; Chris Miller, Three Roots Capital; Nghia Chiem, UT Research Foundation.

“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.

Vol Court Pitch Competition and Speaker Series Kicks Off Feb. 1

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The Anderson Center for Entrepreneurship and Innovation invites students, faculty, staff and members of the local community to pitch their business ideas at Vol Court, a semiannual pitch competition and speaker series.

Winners of the competition receive up to $1,500 in prize money, space in the UT Research Foundation Business Incubator, and legal and accounting services.

Vol Court kicks off Feb. 1 with a five-week entrepreneurial speaker series. The event culminates March 8 in a pitch competition where attendees put what they’ve learned into practice.

Local entrepreneurs and UT faculty will cover a range of business topics. As part of the series, Vol Court director Shawn Carson will share his own entrepreneurial expertise.

“We’re excited to return for the spring semester with new speakers and topics,” Carson says. “Vol Court provides opportunities not only to learn from seasoned entrepreneurs but also to network with area businesspeople and entrepreneurial-minded students, faculty, staff and community members.”

Vol Court has grown in recent years to include more speakers, sponsors, participants and prizes. All pitch competition participants are eligible for cash prizes awarded to first-, second- and third-place winners.

Vol Court meets 5:15 to 6:15 p.m. every Wednesday from Feb. 1 through March 8 in the Haslam Business Building, 1000 Volunteer Blvd. The Feb. 1 meeting will be held in Room 103, but all other sessions—as well as the pitch competition—will be held in Room 104.

Anyone who participates in the March 8 pitch competition must have attended four of the following five series meetings:

Feb. 1: Opportunity Identification and Validation

Feb. 8: Getting to Your Market

Feb. 15: Understanding Basic Financial Statements

Feb. 22: Intellectual Property

March 1: Pitching the Concept

The speaker series and pitch competition are open to the public. There is no charge to participate in the event, and anyone interested in starting a company is encouraged to attend.

Vol Court is made possible by donated funds and services from sponsors, which include Cirrus Insight, PYA, Morehous Legal Group, Hard Knox Pizzeria, The IT Company, Funding Sage, 3 Roots Capital and the UT Research Foundation.