April 15, 2004
Contact: Ute Frey at the Haas School at 510-642-0342 or
Berkeley - The sixth annual UC Berkeley Business Plan Competition has announced its finalists who will compete for $52,500 in prizes in the final round on April 28 and present their plans to the public at the final awards ceremony at the University of California, Berkeley's Haas School of Business on April 29.
The competition, now in its sixth year, is organized by Berkeley MBA students and hosted by the Haas School's Lester Center for Entrepreneurship and Innovation in collaboration with the College of Engineering, the School of Information Management and Systems and the University of California, San Francisco.
New this year is the Best of UC Berkeley/UC San Francisco Prize. The $7,500 prize will go to the team that best uses current UC Berkeley or UCSF research as an integral part of its plan and promises significant benefit to society now or in the future.
This year's seven finalists are:
1. Analog MicroDisplay: This engineering/Lawrence Berkeley Lab venture is an integrated manufacturer of a MEMS-based (Micro-Electro-Mechanical System) projection system. Its technology offers UXGA resolution color imaging at low cost and low power consumption in an ultra small package for data projectors, rear-projection TVs, and heads-up displays.
2. AVx Inc.: UCSF researchers developed a low risk/low cost sedation device that uses audiovisual distraction to focus the patients' sensory systems on something other than the surgical procedure. Combined with local or regional anesthesia, the AVD system can reduce or eliminate the need for pharmacological sedation in procedures.
3. DFM Technologies: Business and engineering students have joined forces to offer a cost-reducing software solution to improve "design for manufacturability" (DFM) in the semiconductor industry. Its Pattern Matcher software identifies areas in a circuit design that are vulnerable to manufacturing non-idealities and enables more robust designs.
4. Nanosense: This Lawrence Berkeley, business school, and chemical engineering team has developed a nanotechnology-enabled ultra-sensitive sensor platform for biological and medical applications without requiring sample preparation steps or expensive tools. This technology allows doctors to gather molecular details of each patient's disease and to tailor medical treatment to the individual.
5. Proton Power: California Institute of Technology researchers are getting help from Berkeley MBA students in commercializing their patented solid acid fuel cells (SAFC) technology that will save long-haul truck drivers from having to idle their diesel engines for heating, cooling, and electrical power in the cab while not driving.
6. Silicon Clocks: This engineering team manufactures frequency oscillators to replace existing quartz reference oscillators in cellular phones and other wireless applications. The integrated MEMS oscillators provide significant area, cost, and energy savings that increase the battery life and allow for added functions.
7. Triadge: The first team featuring Berkeley-Columbia Executive MBA students and engineering students hosts software for media planners that streamlines, unifies, and optimizes performance-based Internet media campaigns, thereby solving media buyers' problem of "too much information" and simplifying the campaign lifecycle.
Each venture must have at least one student, alumnus/a, or faculty member from UC Berkeley or UC San Francisco's Life Sciences campus on its management team.
The final judging will take place on April 28 at the Haas School, followed by public presentations and the award ceremony on April 29 at 6:00 pm at the UC Berkeley Entrepreneurs Forum at the Haas School of Business. The event is sponsored by Haas School's the Lester Center for Entrepreneurship & Innovation.
This year's prizes include $25,000 for first place, $10,000 for second place, and a $5,000 third-place prize. The People's Choice Award of $5,000 will be voted on by the public audience attending the April 29 event.
This year's competition enjoyed the support of more than 40 judges from leading venture capital firms and donations from 14 sponsors. The sponsors include: Gold Sponsor: Sevin Rosen Funds (which is also sponsoring the Technology Prize); Silver Sponsors: Allegis Capital and Intel Capital; Bronze Sponsors: Foundation Capital, Hummer Winblad Venture Partners, New Path Ventures, Pillsbury Winthrop, Qualcomm, Reed Smith, Ritchey Fisher Whitman & Klein, Sirenza Microdevices, Versant Ventures; In Kind Sponsor: PaloAlto Software; Other Contributors: Kevin Warnock of Silveroffice and Silicon Valley Bank.
More information on the competition can be found at http://bplan.berkeley.edu/
Members of the press are welcome to attend free of charge. Please contact Ute Frey at the Haas School at 510-642-0342 or email@example.com
Members of the public are encouraged to pre-register online at http://entrepreneurship.berkeley.edu/apr04.asp.