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  • RI Business Competition Names 12 Semi-Finalists

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    April 10, 2019
    Winners and Finalists of 2019 Competition Will Share Prizes Valued at $185,000

    The Rhode Island Business Competition has announced that 12 semi-finalists have been selected in the 2019 competition, which will culminate next month with the awarding of prizes valued at $185,000.

    The semi-finalists were chosen from 68 applicants who proposed businesses that address opportunities in agriculture, biotechnology, career placement, energy, entertainment, health care and well-being, nutrition, and process improvement, among other areas of commercialization.|

    Winners in the 2019 competition will be announced at a public ceremony on May 7 at the New England Medical Innovation Center in Providence, with prizes awarded to winners and finalists.

    "Rhode Island continues to be an attractive place to start and grow a business, as evidenced by this year's strong applicant group," said Co-Chairs Peggy Farrell, partner with the law firm of Hinckley Allen in Providence and Anthony Mangiarelli, partner with the accounting firm of KLR in Providence. 

    “Success never follows a straight path, and we encourage those who were not selected as semi-finalists this year to keep working on their idea,” they added.

    Entrepreneur Track Semi-finalists

     
    Semi-finalists in the entrepreneur track are as follows:
     
    Alex Therapeutics, which is developing an interactive artificial intelligence-based app that delivers personalized, behavioral modification support outside a therapist’s office for patients suffering anxiety, substance abuse, and mental disorders. Principal applicant: Matthew Heller, Providence.

    Biotica Bio, which has developed an oral microbial therapeutic that treats inflammatory bowel disease and other human endocannabinoid deficiencies without expensive clinical trials. Principal applicant: John Round, Providence.

    CBC Wind Energy, which is developing efficient, attractively priced wind turbines to be mounted on homes and other structures to meet the growing demand for alternative power supplies. Principal applicant: Robert Baxter, Warwick.

    CryoWave Energy, which has developed a pressure wave pulsating injection tool that improves secondary and tertiary recovery of oil at drilling sites with no disruption to current production operations and reduces wastewater output.  Principal applicant: John Ireland, Woonsocket.

    Modus Wear-Tech is developing an app to help people receiving physical therapy to monitor and support prescribed services by providing support, analytics, and messaging. Principal applicant: Kunal Mankodiya, Providence.

    Uproot has developed a space-efficient dispenser of non-dairy milks, including plant-based milk concentrates, for use in cafeterias and other food service operations. Principal applicant: Kevin Eve, Providence.

    Student Track Semi-finalists

    Following are semi-finalists in the student track:

    Cloud Agronomics is developing a system by which farmers can monitor fields remotely for disease and nutrient deficiencies, providing actionable prescription maps and recommended treatments. Principal applicant: Jack Roswell, Brown University.

    goTeff has developed a low sugar, slow-absorbing, high-nutrition, ready-to-eat breakfast meal made of Teff, a grain from Ethiopia, which will also provide market access for Teff farmers. Principal applicant: Saron Mechale, Brown University.

    H2Ok Innovations is using artificial intelligence data analytics to map sources of contamination in underground pipes that are targeted for replacement. Principal applicant: David Lu, Brown University.

    Impact Labs has developed a series of programs that provide access to competitive opportunities in the technology and social good space for computer science students. Principal applicant: Adi Melamed, Brown University.

    Intus Care is using automation and machine learning to develop an improved process to provide improved home care at lower cost. Principal applicant: John Felton, Brown University.

    Marine Monitoring is developing a product to detect harmful bacteria in freshwater/marine environments to ensure community safety. Principal applicant: Kayla Colson, Brown University.

     
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