PedalCell, Canopy, FoodFinder, and Quirk were awarded nearly $40,000 in cash prizes to further their ventures at the Michigan Business Challenge (MBC).
These four teams are a part of the Winter 2018 cohort of the TechArb Student Venture Accelerator, a 16-week co-curricular program sponsored by Michigan Engineering’s Center for Entrepreneurship (CFE), the Ross School of Business Zell Lurie Institute for Entrepreneurial Studies, the University of Michigan Office of Research, and the Office of the Provost.
“These teams have put a huge amount of energy into their ventures over the past few months,” said Ryan Gourley, TechArb director and CFE assistant director of student ventures. “MBC was exciting from start to finish for the competitors, but also for their mentors watching their ventures develop and become more refined with each round. More importantly, it was validation for the students that the judges recognized and rewarded all their hard work.”
PedalCell, which creates bike-powered phone chargers, won the Seigle Impact Track which came with a cash prize of $15,000.