{"645486":{"#nid":"645486","#data":{"type":"news","title":"CREATE-X Teams Shine in Final Round of InVenture Prize","body":[{"value":"\u003Cp\u003EInnovation is a key part of the Georgia Tech experience. Where this is most evident is in the \u003Cstrong\u003EInVenture Prize\u003C\/strong\u003E competition, an annual innovation event where undergraduate students compete to win $35,000 in prizes, as well as patent filings, legal assistance, and startup funding. Exemplifying Georgia Tech\u0026rsquo;s commitment to fostering innovation, all finalist teams for the \u003Cstrong\u003EInVenture Prize\u003C\/strong\u003E will be fast tracked into the \u003Cstrong\u003EStartup Launch\u003C\/strong\u003E program of Georgia Tech\u0026rsquo;s startup accelerator \u003Cstrong\u003ECREATE-X\u003C\/strong\u003E, an entrepreneurial program that provides even more funding and resources for students to take their ideas into the real world.\u003C\/p\u003E\r\n\r\n\u003Cp\u003EThis year\u0026#39;s final round for the\u003Cstrong\u003E InVenture Prize\u003C\/strong\u003E includes five teams that have participated in \u003Cstrong\u003ECREATE-X\u003C\/strong\u003E programming.\u0026nbsp; This year\u0026rsquo;s \u003Cstrong\u003EInVenture Prize\u003C\/strong\u003E competition included a record-setting 58 teams and 140 participants. For five of the six finalist teams to have gone through \u003Cstrong\u003ECREATE-X\u003C\/strong\u003E speaks to the program\u0026#39;s efficacy in preparing students to be entrepreneurially confident and create innovative, award-deserving startups.\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cstrong\u003EInVenture Prize finalists with CREATE-X:\u0026nbsp;\u003C\/strong\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cstrong\u003EBlock Transfer\u003C\/strong\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003ETeam Block Transfer has developed a new type of decentralized stock transfer agent protocol for global financial markets. They were admitted for Startup Launch 2021 earlier this year.\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cstrong\u003EMedsur\u003C\/strong\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003EMedsur\u0026rsquo;s product, BCase, is a first-of-its-kind accessible, discreet, and secure birth control storage that attaches directly to the back of a mobile phone. Founder Sammie Hasen was a part of Startup Launch 2019 as founder of a different company, but has since pivoted to Medsur.\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cstrong\u003ECADe\u003C\/strong\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003ECADe is developing a mobile application that makes Computer Aided Design (CAD) software more accessible and easier to navigate. The CADe team was admitted for Startup Launch 2021 earlier this year and were participants in the CREATE-X Capstone Design prototyping course in the Fall of 2020.\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cstrong\u003ESPOT Harness\u0026nbsp;\u003C\/strong\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003ETeam SPOT Harness has prototyped a wearable device that uses sensors and vibrations to help blind dogs navigate their environment safely. They were participants in the CREATE-X Capstone Design prototyping course in the Fall of 2020.\u003Cbr \/\u003E\r\n\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cstrong\u003EStart Proto\u003C\/strong\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003ETeam StartProto assists a schools\u0026rsquo; makerspaces through their unique safety and analytics system that can be used to track and control access to tools in shared environments. They were admitted for Startup Launch 2021 earlier this year and were participants in the CREATE-X Capstone Design prototyping course in the Fall of 2020.\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EThe winner of the 2021 \u003Cstrong\u003EInVenture Prize\u003C\/strong\u003E will receive $20,000. The second-place team will take home $10,000. The top two teams will also receive free U.S. patent filings by Georgia Tech\u0026rsquo;s Office of Technology Licensing. A $5,000 People\u0026rsquo;s Choice Award will go to the fans\u0026rsquo; favorite invention. Details on the public vote will be released prior to the March 17 broadcast.\u003C\/p\u003E\r\n\r\n\u003Cp\u003EThis year, due to Covid-19 protocols, the event will be televised live without a live audience. All participants will be tested for Covid-19 before the event.\u003C\/p\u003E\r\n\r\n\u003Cp\u003ECheck in here for more details leading up to the event:\u0026nbsp; \u003Ca href=\u0022https:\/\/inventureprize.gatech.edu\/previous-competitions\/2021\u0022\u003Ehttps:\/\/inventureprize.gatech.edu\/previous-competitions\/2021\u003C\/a\u003E\u003C\/p\u003E\r\n","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":"","field_summary_sentence":[{"value":"In this years InVenture Prize event, five of the six teams competing in the finals have CREATE-X affiliation."}],"uid":"35739","created_gmt":"2021-03-17 20:14:54","changed_gmt":"2021-03-17 20:14:54","author":"smccray6","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2021-03-17T00:00:00-04:00","iso_date":"2021-03-17T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"groups":[{"id":"583966","name":"CREATE-X"}],"categories":[{"id":"129","name":"Institute and Campus"},{"id":"134","name":"Student and Faculty"},{"id":"153","name":"Computer Science\/Information Technology and Security"},{"id":"145","name":"Engineering"}],"keywords":[{"id":"182559","name":"CREATE-X; startups"}],"core_research_areas":[],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[],"email":["create-x@groups.gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}