URBANA – The Technology Entrepreneur Center (TEC) announced the winners of the 16th annual Cozad New Venture Competition at the Entrepreneurship Forum on Thursday, April 28 at the Illini Union.
Read more about the 16th annual Cozad New Venture Competition in ChicagoInno.
This year, a total of $220,000 in cash funding and in-kind prizes were awarded to Touch Light Innovations, BioWire Analytics, Reconstruct, Amber Waves Grain Sensing, ExoWear and HPT: Hindered Polyurea Technology. Corporate Sponsors, including Motorola Solutions, State Farm, AARP Foundation, and more, also awarded prizes to certain teams that focused on specific areas of innovation.
Two affiliates of the EnterpriseWorks startup incubator, Touch Light Innovations and Reconstruct, received second place and $10,000 in cash funding for the Non-University Resource Track and University Resource Track grand prize awards, respectively. Touch Light Innovations and Reconstruct also shared the +Adjacency award for storyboarding and production of a one minute demo/pitch video for each team.
Touch Light Innovations and Reconstruct also received the EnterpriseWorks Incubator prizes along with Nardo Technology, a fellow EnterpriseWorks affiliate.
In addition to their previous awards,Touch Light Innovations receive free legal services in the areas of corporate formation, patent, trademark, and licensing from the Singleton Law Firm, who sponsored the award.
To view the full list of award winners, visit the TEC’s website.