BME Students Achieve a Strong Showing at Merage Business Plan Competition
The Samueli School of Engineering was well represented in the 2013 Business Plan Competition at UC Irvine’s Paul Merage School of Business, with teams from Edwards Lifesciences Center for Advanced Cardiovascular Technology dominating the campuswide division.
The Merage Business Plan Competition offers UCI students, staff and researchers the opportunity to form a team, create a business plan and potentially fund their business idea, all within seven months. Nineteen teams competed in the final leg of this year’s competition. Four of the winning teams included one or more BME student (highlighted in bold).
Campus Wide Division
These awards are given to the team whose business plan and investment presentation best demonstrate evidence of an exciting market need, evidence of a viable business solution to meet that need and evidence of the ability to create a sustainable competitive advantage.
1st Place - $15,000
LAS - Laser Associated Sciences (LAS) is a medical device company that utilizes laser technology in the development of medical diagnostic instrumentation. LAS is the culmination of years of research and development experience within the core disciplines of physics, optics, and biomedical engineering.
Coach: Dale Sadlik
Charlene Ong
Tyler Rice
Sean White (BME/Edwards Lifesciences)
Bruce Yang (BME)
2nd Place - $7,500 (plus the $6,000 Techportal Orange Residency award and the $500 Best Concept Paper award- campuswide)
ValveStrong - ValveStrong will commercialize hybrid heart valve prostheses with self-regenerative capacity, lifelong durability, and enhanced biocompatibility.
Coach: Richard Henson
S. Hamed Alavi (BME/Edwards Lifesciences)
Peggy Bui
Seema Ehsan (CHEMS/Edwards Lifesciences)
3rd Place - $3,500 (plus the $30,000 UCI School of Medicine Life Sciences Award)
NoreGen - NoreGen is a medical diagnostic company that is developing a device to detect circulating tumor cells in blood, which will help doctors better monitor their patients’ cancer and guide their treatment. The device is based on a particle sensing technology originally developed by physicists and molecular biologists at UCI.
Coach: Alvin Viray
Neychelle Fernandes
Ashley Fong (Edwards Lifesciences)
Laura Innes
Robert Joachim
Jonathan Lin
Matthew Schiel (BME)
Zuzzana Siwy
Undergraduate Division - $2,500 (plus $500 Best Concept Paper award- undergrad)
Nobles Medical Technology - Cardiologists need practice for catheter surgeries on the heart. Nobles Medical Technologies 2 proposes an artificial pumping heart system for surgeons to practice catheter surgeries.
Coach: Demetri Andrikos
Shoumyo Dewan
Joseph Gomez (BME)
Jin Kim
Kenny La
Stephen Lee
Timothy Macagba (BME)
Suraj Sampath
Sohan Weeraratne (BME)
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