Student entrepreneurs from Rochester Institute of Technology pitch their business ideas to local investors Wednesday in Tiger Tank 2016.
The annual competition is a chance for students to launch their products or businesses.
Five student teams were selected from more than 60 proposals to compete for $4,750 in cash prizes and up to $160,000 in scholarships for graduate studies at RIT’s Saunders College of Business.
“The RIT Tiger Tank focuses on students’ early-stage products or services with foreseeable commercial impact,” said Richard DeMartino, director of the Albert J. Simone Center for Student Entrepreneurship.
“We want our students to submit products that are unique, fill a gap or solve a problem. We also ask them to identify their target market and what value their product will bring to their lives. This event is a way of building an entrepreneurial spirit, and also helps us find innovative ideas.”
The team finalists are:
- AWARE—a fatigue detection and alert system designed to combat drowsy driving;
- Band Toy—a series of interactive instruments designed to stimulate the senses of children with low motor coordination skills through the use of textures, sounds, vibrations and light patterns;
- Chemistry for a Cause—an inexpensive and non-invasive method for the detection of cancer;
- Intelli-Thread—a tool designed to aid in the inspection of tapped holes, or holes produced with a thread in the side of the hole; and
- Wind-on-Water (WoW) Energy Systems—it provides renewable energy and sustainable services to any location that has an offshore body of water large enough to fit its platform.
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