The four and the amount they were awarded are:
- Prometheus Group LLC, a consultancy focused on risk management and travel security ($17,600);
- SimPath, a start-up offering low-cost DNA assembly solutions ($10,000);
- GeoAir, the latest venture from a prolific student that allows farmers to proactively treat mold hot spots ($5,000); and
- In With the Old, focused on repurposing and selling retro college apparel ($2,400).
The four were selected from a group of 15 applicants. The latest awards bring the total amount of monies invested in student start-ups since Randy Boyd established the fund in 2011 to $277,000. As most of our readers know, he is the current Tennessee Commissioner of Economic and Community Development and the Founder of Knoxville-based Radio Systems Corporation.
The “Boyd Venture Challenge” is administered by UT’s Anderson Center for Entrepreneurship and Innovation.