Another year judging at the MOOT Corp in Austin. Every year the business plans get better. This year we had to judge some very interesting companies. One of them, Schooltipline, provided a way for kids to anonymously tip their school to potential threats using facebook and other tools that they are familiar rather than the phone. Who would have thought that phone would be antiquated within 50 years. There were kids from Sweden who
had developed a better way to extract aluminium from scrap (AluDemag). Given the inflation in commodity prices that’s not a bad idea. Another group from Canada had developed building moisture sensors that was more cost efficient and had secured customers in the middle east. The life sciences side was exciting, detecting various cancers using new biochips. The plant sciences seemed to have great potential with ability to grow designer proteins. Neurobank won the competition. It’s business plan envisions harvesting neuro stemcells and storing them for future use. The Grads from Univ. of Chicago had developed technology that sits on a shopping cart and tracks your random walks through a grocery store and provides better information, coupons and marketing.
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