The awards and the winners were:
- “Traction Award,” sponsored by the UT Federal Credit Union to recognize progress made by a pitch competitor at a previous “Start-up Day” – RDI Technologies Inc. The company utilizes a patented system to measure deflection, displacement, movement and vibration not visible to the human eye. (EDITOR’S NOTE: See this article that follows discussing the winning company’s progress.)
- “Judge’s Award,” sponsored by the Innov865 Alliance and decided by a panel of three judges, that recognizes the best pitch at this year’s event – SmartRIA. This award carried a cash prize of $10,000.
- “Crowd Favorite,” sponsored by SunTrust Bank and decided by audience voting among the six entrepreneurs who pitched – SkyNano Technologies. This award carried a cash prize of $5,000.
SmartRIA is a company serving firms that are regulated by the Securities and Exchange Commission with a cloud-based, secure software platform that simplifies and automates regulatory compliance. You can more learn about the company in this recent teknovation.biz article.
SkyNano Technologies, one of the start-ups in Oak Ridge National Laboratory’s new “Innovation Crossroads” initiative, has developed an open system manufacturing technique to produce low cost, high value carbon nanotubes, a material with potential applications in a variety of areas from energy storage to consumer electronics.
Other competitors in this year’s pitch competition were:
- Joyce Development, LLC, the creator of the Command Glove™, a lightweight, Bluetooth-enabled glove embedded with sensors that control functions on electronic devices, such as cell phones, MP3 players, and tablets.
- Tomboy Organic Skincare, an organic skin care company for adventure enthusiasts that formulates plant salves, skin care products, and makeup using herbs and roots from the southeast’s native deciduous forests.
- Unveil, a free online tool that makes wedding planning much easier.
- Volunteer Aerospace, Inc., a company that uses metal powder bed additive manufacturing to produce hardware and fully functional prototypes for the aerospace and defense industries.