On Nevada Enterprise: Saluting the winners and finalists within the Sontag Entrepreneurship Competitors 2023

The Sontag Entrepreneurship Competitors began in 2012, with the $50,000 prize awarded yearly, coming from an endowment funded by Rick Sontag, an alumnus of the College of Nevada, Reno, who achieved monetary success as an entrepreneur.

To get began in his first enterprise enterprise, Sontag wanted to boost $50,000, and this proved difficult. This expertise set the goal for the quantity of the annual award, in addition to the donation required to fund an endowment that might present an annual $50,000 award into perpetuity.

A very powerful factor about investing within the subsequent technology of entrepreneurs on the College of Nevada, Reno, campus is that its the way in which of constructing the following technology of leaders for our nation, Sontag stated in 2021.

In 2023, we reached out to some people who beforehand have been finalists within the Sontag Entrepreneurship Competitors. One informed us: The Sontag Competitors displays a fantastic tradition of alternative and philanthropy that’s distinctive to UNR that I’ve not seen at different establishments. Participation within the competitors bolstered these concepts, facilitating my achievements with commencement from the college of nursing, and post-graduation, service to the group as a essential care nurse at Renown. I’ve not pursued a level in enterprise, (and) as a substitute have obtained my (medical doctorate) and am presently coaching as a cardio thoracic surgical procedure resident.

One other stated: My participation within the Sontag competitors was the single-most rewarding and enriching expertise I had as a pupil on the College of Nevada, Reno. What began out as a category challenge with mates changed into a ardour and a tangible enterprise, and Sontag helped us lay that basis. It compelled our group to deal with the wants of the corporate and legitimize our concepts till we had one thing we have been proud to current. In addition to engaged on the enterprise facet of issues, we additionally bought a fantastic lesson in public displays. These abilities are invaluable to me right this moment.

The Sontag Award ($50,000) and the Dragonfly Power Innovation Award ($10,000) are fantastic, and we’re so appreciative of Rick Sontag and Dragonfly Power for his or her beneficiant monetary assist. Nonetheless, for my part, the very best worth of those awards is that they supply the brilliant shiny objects that trigger college students to self-select to enter the competitors, to take a position enormous quantities of time and vitality, and to return away from the expertise with abilities, views and methods of pondering that they won’t in any other case haveabilities that assist them be efficient leaders.

The Dragonfly Power founders competed in Sontag in 2014, however didn’t win. Nonetheless, subsequent to the competitors, they launched a Reno-based firm manufacturing lithium iron-phosphate batteries and doing cutting-edge battery analysis, and the make use of round 170 individuals. The founders of Dragonfly Power valued the Sontag expertise and have supplied the $10,000 Dragonfly Power Innovation Award yearly since 2021.

A complete of 26 groups submitted an intent to compete within the 2023 Sontag Entrepreneurship Competitors, comprised of 41 college students representing 16 completely different majors from 5 completely different faculties/schools inside UNR.

There have been 4 levels within the competitors previous to the Sontag finals, throughout which 20 judges/coaches evaluated and supplied suggestions to the groups, sharing the knowledge from their experiences. The Ozmen Heart for Entrepreneurship has an overriding criterium for participating group volunteers to evaluate and coach these groups: We wish individuals who have personally skilled the entrepreneurial journey.

Finalist groups that didn’t win money awards included:

Journey Provisions: Journey Provisions is an organization that seeks to ship high-quality dehydrated meals that cater to a variety of dietary restrictions (like vegan/gluten-free, and so on.). The present product lineup consists of 5 completely different meals. Every product is prepared for consumption after only some minutes in sizzling water. The present goal markets embody people with an curiosity in outside recreation, in addition to different markets for able to eat nutritious meals. Founder: Sierra Hixson, behavioral psychology.

Sierra Hixon possesses a vital trait that isnt evaluated within the Sontag Entrepreneurship Competitorsperseverance!

Typical opponents are working full-time, going to high school as full-time college students, have household obligationsand, on the facet, are creating a brand new companies.

Robo Spect: The Automated Robotic System for Bridge Inspection is a product developed to help or substitute the human facet in unusual bridge inspections. It’s being marketed as a less-expensive, sooner and more-effective different to both human labor or different present robotic programs used for bridge inspection. This technique is ready to deal with advanced buildings by means of its use of superior sensors and distinctive designs of the items themselves. Founders: Son Nguyen, doctoral candidate in pc science and engineering/robotics, and Stephen Lencioni, Faculty of Medication.

Son Nguyen has just a little extra work to do to get to a commercial-ready model of his tools and software program, however he positively has some extraordinary expertise.

Trellis: Trellis is creating an employee-training software program that seeks to successfully instill cognitive pondering and reasoning abilities which might be necessary in sustaining a protected/safe office setting. This system places the person by means of a gauntlet of conditions the place they’re given various ranges of knowledge after which requested to both discover a resolution to the issue, or determine that they don’t have sufficient data to correctly proceed. The preliminary main market recognized by Patrick Smith and his crew was office security. Founder: Patrick Smith, doctoral candidate, psychology.

The potential purposes for this expertise are huge. Subsequent steps will contain business validation of the expertise in particular purposes.

The Dragonfly Power Innovation Award Winner: TRYBE Summits, an out of doors team-bonding/coaching firm that was created to instill a way of group amongst individuals by means of the usage of worrying conditions that construct psychological and bodily fortitude whereas instructing the significance of collaboration between friends. The principle buyer base for TRYBE Summits is enterprise groups within the Nevada/California space, with the secondary buyer bases being CEOs/executives and different high-performance people (police, hearth depts, medical employees, and so on.). TRYBE Summits makes use of a extremely skilled crew of people from various backgrounds to deliver probably the most genuine and efficient expertise potential. Founder: Keaton Lynn, MBA.

Keaton Lynn has a ardour for this enterprise that was fully apparent to everybody who noticed his ultimate presentation.

And eventually, the Sontag Award Winner: Mimirs Effectively-Ness. The Neonatal Femoral Protector is a product designed to decrease the prospect of harm or loss of life throughout circumcision by means of its equipment. The Neonatal Femoral Protector protects the otherwise-unprotected very important organs and arteries close to the surgical web site of a circumcision. It’s being marketed as a high-value, comparatively cheap security gadget to medical practices, doubtlessly the world over. Founder: Bridget Martinez, MD, Ph.D. in endocrinology, Ph.D candidate in Basque research.

Dr. Martinez is consultant of the scholars who compete within the Sontag Entrepreneurship Competitors. Typical opponents are working full-time, going to high school as full-time college students, have household obligationsand, on the facet, are creating a brand new companies. One has to surprise how they achieve this a lot. Along with being a medical physician, Dr. Martinez has a Ph.D. in endocrinology. As a result of she was right here in Reno, and this system regarded attention-grabbing, Dr. Martinez is engaged on her doctorate in Basque research.

Dick Bartholet is the director of the Sontag Entrepreneurship Competitors.

Originally posted 2023-06-05 21:00:00.