It is unfortunate that we will no longer be able to host this great event, but the safety of our community is of the utmost importance. Our panel of esteemed judges will select the top four teams, and award them $5K grants to help turn their concept into a reality. Instead, our finalists will submit videos of their 3 minute pitches. As per University of Waterloo policies and Ministry of Health recommendations, we will not be bringing a crowd together to witness students pitch. Vision Spatial Technologies is building a computer vision powered traffic light that improves safety and reduces the liability of ski resorts.ĭue to the ongoing situation with the COVID-19 virus, this semester will see a change to the Concept $5K Finals. TrakTab is connecting chronic medication users to their loved ones through a smart pillbox. Tomat.io is building a tomato harvesting robot for greenhouses. SMRTCoat is creating a spray-on colour-changing impact solution that is focused on concussion detection. Simple Care is creating a urine analysis system in the form of a smart diaper. Reflect is a guided journal app for mindfulness. Little You is an app for children to create, sell and share their 3D characters with pre-designed templates. Iuvoderm is creating a patch that improves the healing process of diabetic foot ulcers through antimicrobial properties and drug diffusion. HomeScouts helps you settle into a home away from home, with zero added worries. Without further delay, we are proud to announce the finalists who will compete for Concept $5K Grants!īeBlended is an online platform that connects black women with hairstylists. This award will provide one student team with access to two first-year engineering co-op students who can help them achieve short-term business objectives through a 7-week placement. Finalists will also be eligible for the Conrad School of Entrepreneurship and Business Award. If you were unable to attend the Semi-Finals or follow along on social media, our friends at Conrad School of Entrepreneurship and Business shared a big announcement! New this semester we will be partnering with them to provide an extra prize. Since Spring 2019 they’ve helped us review the applications and select our semi-finalists, provided judges to help select the finalists, and provided one of the $5K grants! We could not do this without you and the feedback provided was incredibly helpful to the teams, and audience members!Īnd one final thank you we need to extend is to the School of Accounting & Finance’s Student Venture Fund. Thank you to our judges: Abi Chandra, Aislinn Shoveller, Rob Aranha, Jason Deglint, Megan Logan, and Neil Mistry. We’d like to extend our appreciation to the people who took time out of their busy schedules to help us select the worthy competitors. Making the tough choices and finalist decision this semester was our panel of incredible judges. However, in this Concept world, only 10 student teams were chosen to advance. Each team that pitched offered compelling reasons to be selected, and in an ideal world, we would love to fund them all. As per usual, there was a hearty debate in the judges’ room. With a 3-minute time limit, the students’ pitches focused on stating the importance of the problem, their innovative solution, the potential market size, why they have the right team to solve the problem, and how they would use the grant if they won.Īfter the dust settled and the pitches were complete, our judges hurried off to a separate room to decide the deserving finalists. Their goal was to convince the judges from the Student Venture Fund and the local startup community that their startup idea is worthy of $5K in funding. Over two action-packed nights, a total of 30 teams took the stage to pitch their innovative ideas. This competition is the successor to the Velocity Fund Finals $5K and it is the second time we’ve run it under the new Concept name. Last week, students from the University of Waterloo pitched their early-stage startup ideas at the Concept $5K Semi-Finals hoping to be one of the 10 teams selected to move on to the Concept $5K Finals on .
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