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Knoxville Business News Tennessee Mountain Scenery Background
November 07, 2016 | Tom Ballard

Four students start-ups share $35,000 through “Boyd Venture Challenge”

UT KnoxvilleFour student-based start-ups at the University of Tennessee (UT) took home a combined $35,000 in the latest round of the “Boyd Venture Challenge.”

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.


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