Three Teams of Student Entrepreneurs Win Big at Baiada Center's Incubator Competition
Stabiliz Orthopaedics won first prize at Drexel University’s LeBow College of Business Baiada Center for Entrepreneurship’s annual Baiada Incubator Competition, netting the start-up $12,000 in seed money, more than $35,000 in in-kind support, and designated space in the College’s Baiada Center’s business incubator. Through competitive analysis and extensive research, Stabiliz Orthopaedics has developed an innovative fracture fixation device that works to maximize benefits to trauma patients while minimizing expenses associated with device complications. The team behind Stabiliz is LeBow College of Business MBA students: Doug Cerynik, M.D., Michael Adelizzi, Brad Grossman, and Mark Seltzer.
Second place went to Ranter, a social planning and group-messaging tool application that eliminates the clutter of traditional social networking sites and provides the user with a simple means to communicate and coordinate plans within their existing networks. It is delivered as a Web and mobile application and as a thin desktop client. Ranter’s founders, LeBow College of Business students Bradley Welch and Brian Schneck, won $8,000 in seed funding for the start-up, over $14,000 in in-kind support, and designated space in the Baiada Center’s business incubator.
In third place was Konnect.me, entered by Drexel College of Engineering student Jameson Detweiler and Tom Milewski. Konnect.me is reinventing the online B2B portal. Its first network is Green.Konnect.me, a comprehensive resource for information in the green building industry. Green.Konnect.me links the projects, people and products within that industry. Konnect.me won $4,000 in seed money, more than $6,500 in in-kind support, and designated space in the Baiada Center’s business incubator.
The winners were announced at the Center’s annual Entrepreneur Conference, held at Philadelphia’s World Café Live last week.
FOR MORE INFORMATION: Contact Lisa Litzinger, Assistant Director of Communications, LeBow College of Business, at 215.895.2897 or email@example.com