{"id":900,"date":"2013-05-07T12:39:13","date_gmt":"2013-05-07T19:39:13","guid":{"rendered":"https:\/\/blogschapman.wpenginepowered.com\/business\/2013\/05\/07\/university-of-houston-takes-first-place-for-medical-software-firm-in-the-california-dreamin-investor-and-fast-pitch-business-plan-competition\/"},"modified":"2013-05-07T12:39:13","modified_gmt":"2013-05-07T19:39:13","slug":"university-of-houston-takes-first-place-for-medical-software-firm-in-the-california-dreamin-investor-and-fast-pitch-business-plan-competition","status":"publish","type":"post","link":"https:\/\/blogs.chapman.edu\/business\/2013\/05\/07\/university-of-houston-takes-first-place-for-medical-software-firm-in-the-california-dreamin-investor-and-fast-pitch-business-plan-competition\/","title":{"rendered":"University of Houston takes first place for medical software firm in the California Dreamin\u2019 Investor and Fast Pitch Business Plan Competition"},"content":{"rendered":"<p><b>ORANGE, CA \u2013 <\/b>The California Dreamin competition, now in its second year at Chapman University, brought together students from top university entrepreneur programs around the country to prove that they have the best business plan. The event, by invitation only, took place April 26 and 27 and featured 25 schools competing for $230,000 in prize money and connections to venture capital firms. There were two competitions including an investor pitch and a 90-second Fast Pitch Competition. Finalists of the investor pitch were excluded from participating in the Fast Pitch, which allowed for 10 schools to walk away with cash.<\/p>\n<p><b><span style=\"text-decoration: underline\">Investor<\/span><\/b><b><span style=\"text-decoration: underline\"> Pitch Winners<\/span><\/b><\/p>\n<p>1st\u00a0Place \u2013 <b>University of Houston <\/b>presented Imalysis\u2014a medical software firm that saves lives by helping consumers analyze and track illnesses online through a patented algorithm. Imalysis focuses on catching illness in the first stage of development by empowering the most important people in the healthcare system: the doctor and the patient. The team consisted of Genevieve Simmons, Scott Black, Kevin Cruz and Roger Seward, with Bill Bobbora as the team advisor. The team received $60,000 ($30,000 cash and $30,000 equity) and $1,000 of Amazon Web Services Credits.<\/p>\n<p>2nd\u00a0Place \u2013 <b>Brigham Young University<\/b> presented Owlet Baby Monitors\u2014Using pulse oximetry, the Owlet Baby Monitor alerts parents if their child stops breathing. Parents can see their child&#8217;s heart rate, oxygen levels, and sleep patterns in real time from their iPhone. Parents can share this data with their pediatrician and diagnose heart, oxygen, or sleep conditions the child might have. Team members included Kurt Workman, Jordan Monroe, and Zack Bomsta with Tom Peterson as the team advisor. The team received $50,000 ($25,000 cash, $25,000 equity) and $1,000 of Amazon Web Services Credits.<\/p>\n<p>Finalists were: Willamette University, USC, and UC Berkeley who won $30,000 each ($15,000 cash and $15,000 equity) and $1,000 of Amazon Web Services Credits.<\/p>\n<p><b><span style=\"text-decoration: underline\">Fast<\/span><\/b><b><span style=\"text-decoration: underline\">Pitch<\/span><\/b><b><span style=\"text-decoration: underline\">Winners<\/span><\/b><\/p>\n<p>1st\u00a0Place \u2013 <b>University of Utah <\/b>presented 3PDx\u2014and offered iTest\u2122, which decentralizes medical testing by allowing users to control an inexpensive medical diagnostic device with a smartphone. iTest provides objective results in minutes, and can be performed anytime, anywhere, and by anyone. It\u2019s a medical lab that fits in your pocket. Team members included Christopher Pagels and Andrew Pagels with Troy D\u2019Ambrosio as the advisor. The team won $5,000 and $1,000 of Amazon Web Services Credit.<\/p>\n<p>2nd\u00a0Place \u2013 <b>Loyola Marymount University <\/b>presented Bosse Tools\u2014a startup company that is changing hardware tools through ergonomics; ultimately creating more efficient shovels, rakes, brooms, &amp; pitchforks. They developed an ergonomically efficient design that utilizes a rotational center called &#8220;Handle-It Technology.\u201d Their tools maximize muscle usage and diminish strain &#8211; increasing stamina and reducing injury. Team members included Stephen Walden and Adam Kavoukjian with Fred Kiesner as the advisor. The team won $4,000 and $1,000 of Amazon Web Services Credit.<\/p>\n<p>Finalists were: UC Santa Barbara, UC San Diego, and UCLA who won $2,000 each plus $1,000 of Amazon Web Services Credit.<\/p>\n<p>All other teams received $500 in Amazon Web Services Credits for participating.<\/p>\n<p>\u201cThe mission of the California Dreamin\u2019 Competition strives to simulate the real\u2010world process of starting a business and seeking start\u2010up funding, while also providing constructive feedback to all competing teams to better help them achieve their goals,\u201d stated Richard Sudek, Ph.D., director of the Leatherby Center for Entrepreneurship and Business Ethics. \u201cThis competition truly was the best of the best!\u201d<\/p>\n<p>New features to this year\u2019s competition included: pre-competition webinars with investors and judges, a Fast Pitch Competition, feedback with investors, an awards reception on Saturday evening and more opportunities to win.<\/p>\n<p>Chapman University in 2011 launched the Entrepreneur Student University Network (E.S.U.N.), a consortium of schools with the purpose of cross\u2010connecting entrepreneurial students. While E.S.U.N. consists of 29 universities, 25 competed in California Dreamin\u2019. Universities included in the E.S.U.N. include:<\/p>\n<div>\n<p>Arizona State University<\/p>\n<p>Baylor University<\/p>\n<p>Brigham Young University<\/p>\n<p>CalTech<\/p>\n<p>Chapman University<\/p>\n<p>Claremont McKenna<\/p>\n<\/div>\n<p>Colorado University<\/p>\n<p>CSU Fullerton<\/p>\n<p>CSU San Bernardino<\/p>\n<p>Loyola Marymount University<\/p>\n<p>Oklahoma State University \\\\<\/p>\n<p>Pepperdine University<\/p>\n<p>Stanford University<\/p>\n<p>Texas Christian University<\/p>\n<p>UC Berkeley<\/p>\n<p>UC Irvine<\/p>\n<p>UC Los Angeles<\/p>\n<p>UC San Diego<\/p>\n<p>UC Santa Barbara<\/p>\n<p>University of Arizona<\/p>\n<p>University of Hawaii<\/p>\n<p>University of Houston<\/p>\n<p>University of Oklahoma<\/p>\n<p>University of Oregon<\/p>\n<p>USC<\/p>\n<p>University of Texas<\/p>\n<p>University of Utah<\/p>\n<p>University of Washington<\/p>\n<p>Willamette University<\/p>\n<p>Main Sponsors include: Microsemi, Ghost Management, Kay Family Foundation, Ora Zoe Villalobos, and Amazon Web Services.<\/p>\n<p>More information can be found at: \u00a0<a href=\"http:\/\/www.chapman.edu\/research\">http:\/\/www.chapman.edu\/research\u2010and\u2010 <\/a><span style=\"text-decoration: underline\">institutions\/leatherby\u2010center\/business\u2010plan\u2010competitions\/Cali\u2010dreaming\u2010business\u2010plan\u2010<\/span> <span style=\"text-decoration: underline\">competition\/index.aspx<br \/>\n<\/span><\/p>\n<p><strong>About the Ralph W. Leatherby Center for Entrepreneurship and Ethics<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Established in 1995, Chapman University\u2019s Leatherby Center offers one of the nation\u2019s most respected programs for entrepreneurial young men and women. The center aims to prepare and inspire principled, dynamic entrepreneurs whose ideas improve lives and<\/p>\n<p>&nbsp;<\/p>\n<p>solve important problems.\u00a0 Through innovative courses and real\u2010world leadership, the<\/p>\n<p>&nbsp;<\/p>\n<p>center provides students with access to a range of resources, including professional mentoring, entrepreneurial internships, a multi\u2010university network, community resources, events, speakers, research, professional groups, competitions and boot camps. Ranked as the #13 Undergraduate Entrepreneurship Program by <i>Business Week,<\/i> the Leatherby Center is unique in its approach to connecting students with inventors, investors and real\u2010world entrepreneurs. For more information, visit <a href=\"http:\/\/www.chapman.edu\/launch\">www.chapman.edu\/launch<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Consistently ranked among the top universities in the West, Chapman University provides a uniquely personalized and interdisciplinary educational experience to highly qualified students. Our programs encourage innovation, creativity and collaboration, and focus on developing global citizen\u2010leaders who are distinctively prepared to improve their community and their world. Visit <a href=\"http:\/\/www.chapman.edu\/\">www.chapman.edu<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Follow us on Facebook at: <span style=\"text-decoration: underline\">Chapman University Facebook<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>On Twitter at: <span style=\"text-decoration: underline\">@ChapmanU<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>On YouTube at: <span style=\"text-decoration: underline\">Chapman University YouTube Channel<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ORANGE, CA \u2013 The California Dreamin competition, now in its second year at Chapman University, brought together students from top [&hellip;]<\/p>\n","protected":false},"author":357,"featured_media":7200,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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