In partnership with the U.S. Small Business Administration, the Illinois Small Business Development Center (SBDC) at Champaign County EDC is pleased to announce PhotoniCare, Inc. as the local winner of the InnovateHER Business Challenge. A panel of judges selected PhotoniCare as the first place winner with Therapalz as the runner-up and Silver Solutions as the third place finalist. Seven applications were received for the local challenge.
PhotoniCare, Inc. is an EnterpriseWorks medical device startup fundamentally changing the way physicians manage middle ear infections. They will receive a cash prize of $750 and their proposal will be submitted to the SBA’s semifinal round for the chance to compete for up to $70,000 in cash prizes.
Therapalz, an iVenture alumni company, has aimed to enhance the quality of life for individuals with Alzheimer’s and dementia and their caregivers by providing smart therapeutic companion animals. They will receive a cash prize of $500.
SilverSolutions, or, InContAlert, is a student winning company from the 2017 Cozad Competition and will be moving into the EnterpriseWorks Incubator this fall. They are a team of engineering and business students that is committed to developing technologies that improve the quality of life of seniors and allow them to live their lives to the fullest. SilverSolutions will receive a cash prize of $250.
For more information, visit the SBA website.