rice university
Hosts the world's largest and richest student startup competition
houston
,
April 8, 2024
/PRNewswire/ — Ice cream company Protein Pint wins 2024 Grand Prize
US business plan contest
(RBPC)
April 6
Top student ventures from top universities around the world competed for awards in front of approximately 350 angels, venture capitalists, corporate investors, and members of the business community.
In his acceptance speech, Paul Reese, founder and CEO of Protein Pint, said, “We are grateful for the love and support we have been shown and the accomplishments we have built during our time here at Rice. My relationships and my friends are what I know.'' I and the other students here will never forget it. ”
Every year we host
Rice Alliance for Technology and Entrepreneurship
and
rice university's
Jones School of Management
RBPC is the world's largest and richest student startup competition.
RBPC provides a real-world opportunity to learn what it takes to successfully launch a new business. In addition to large cash, investment and in-kind prizes, the competition centers around mentorship from investors and experienced entrepreneurs. RBPC alumni raise more money than ever before
6.1 billion dollars
There is capital and 288 companies are in business or are in successful business.
Winners were announced at the conclusion of a three-day pitching, coaching, and networking event that included an elevator pitch contest, practice rounds, semifinals, wildcards, and final rounds.A total of over 80 prizes were announced at the award ceremony.
$1.5 million
With investment and non-dilutive winnings. Every team took home cash.
“We give prizes to contestants
$ 1,000,000
The prize will serve as basic capital to launch a startup,” said the RBPC director.
Catherine Santamaria
In her welcome speech at the awards ceremony
April 6
.
“This is so many prizes, but the biggest thing our startup will leave behind is the generosity and sense of community from this room. This community is always ready and willing to invest time and money. We will also provide resources for these student innovators who will support our founders and support our vision for the competition.”
The 42 competing startups represent 35 universities from four countries. They were chosen from his pool of more than 450 applicants and competed in one of his five categories: energy, clean technology, and sustainability. Life science and healthcare solutions. Consumer products and services. hard technology. and digital enterprise.Learn more about all startups
here
.
The seven finalists based on the judges' overall scores are:
protein pint,
michigan state university
— 1st place and
$150,000
Received the GOOSE Capital Investment Award.
-
Protein Pints are high-protein, low-carbohydrate ice cream products designed for people who would benefit from access to functional ice cream and tastier, more enjoyable protein options.
somnair,
Johns Hopkins University
— with 2nd place
$100,000
investment awards, sponsorship
david anderson
,
john finger
Anderson Family Foundation, Finger Interests,
Greg Novak
and
Tracy Druce
.
-
Somnair is a new non-invasive neurostimulation device for the treatment of obstructive sleep apnea.
Power2Polymers, RWTH Aachen University
— with 3rd place
$50,000
rice university
An investment provided by the Rice Alliance for Technology and Entrepreneurship and sponsored by Finger Interests, the Anderson Family Fund of the Greater Houston Community Foundation.
Greg Novak
and
Tracy Druce
.
-
Power2Polymers is addressing the pressing problem of “forever chemicals,” which are linked to more than 6.5 million deaths in the United States alone, by providing safe alternatives that are free of forever chemicals.
information,
tulane university
— 4th place and
$5,000
award, sponsored
norton rose fulbright
.
-
Informuta's proprietary technology uses DNA sequencing to predict whether bacteria will respond to different antibiotics or whether they will develop resistance for the first time in the future, causing treatment failure.
ichorium engineering company,
University of Kansas
— with 5th place
$5,000
Award sponsored by EY.
-
Icorium Engineering Company is a chemical engineering startup.
University of Kansas
A spin-out company that develops technologies to enable a sustainable circular economy for refrigerants and other complex chemical mixtures.
endoshunt medical,
Harvard University
— with 6th place
$5,000
Award sponsored by Chevron Technology Ventures.
-
EndoShunt is transforming trauma surgery with a rapid and targeted blood flow control device.
D. Saul,
carnegie mellon university
— with 7th place
$5,000
Award sponsored by Shell Ventures.
-
D. Sole is developing remote patient monitoring in podiatry using foot insoles designed for early detection and monitoring of diabetic foot complications such as ulcers and deformities.
Additional investment awards were also awarded to startups that placed 4th to 7th.
$25,000
Each is provided and sponsored by the Rice Alliance.
david anderson
,
john finger
Anderson Family Foundation, Finger Interests,
Greg Novak
and
Tracy Druce
the total prize money for the finalists is
$30,000
.
other
important prizes
This year's winning teams are:
-
$200,000
Goose Capital Investment Award — Osphim, RWTH Aachen University -
$250,000
OWL Investment Award — MesaQuantum,
Harvard University
-
$100,000
OWL Investment Award — Icorium Engineering Company,
University of Kansas
-
$100,000
Houston Angel Network Investment Award — Somnair;
Johns Hopkins University
-
$100,000
Indus Entrepreneurs (TiE) Texas Angels Investment Award — Protein Pint;
michigan state university
-
$60,000
nCourage Courageous Women Entrepreneur Investing Award — MesaQuantum;
Harvard University
-
$40,000
nCourage Courageous Women Entrepreneur Investing Award — Icorium Engineering Company,
University of Kansas
-
$40,000
Pearland EDC Spirit of Entrepreneurship Prize — Informuta,
tulane university
-
$25,000
New Climate Ventures Sustainable Investment Award — Oxylus Energy;
yale university
-
$25,000
Dream Big Ventures Latino Entrepreneur Investment Award — Dendritic Health AI;
northwestern university
-
$25,000
NOV Energy Technology Innovation Gold Award — LiQuidium;
University of Houston
-
$25,000
Partnership between Urban Capital Network Diversity Investment Awards and South Loop Venture Investment Awards – TouchStone;
University of California, Berkeley
-
$25,000
Southwest National Pediatric Device Consortium Pediatric Device Award — EndoShunt Medical;
Harvard University
-
$25,000
Jacobs, Intuitive Machines, WRX Company Rising Stars Space Technology and Commercial Aerospace Gold Award — MesaQuantum;
Harvard University
For more information on the 2024 US Business Plan Competition, please visit:
rbpc.rice.edu
.
About rice
Located on a 300-acre forested campus
houston
,
rice university
Consistently ranked among the top 20 universities in the nation by U.S. News & World Report. Rice University is highly regarded for its schools of architecture, business, continuing studies, engineering, humanities, music, natural sciences, and social sciences, and is also home to the Baker Institute for Public Policy. Rice University has 4,574 undergraduate students and 3,982 graduate students, for an undergraduate to faculty ratio of just under 6:1. Its boarding college system builds close-knit communities and lifelong friendships. It's one of the reasons Rice is ranked No. 1 in Princeton for racial and class interaction, No. 2 for best-run universities, and No. 12 for quality of life. review. Rice University is also rated the best value among private universities by Kiplinger Personal Finance.
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