2018 Rhode Island Business Plan Competition announces 6 finalists

SIX FINALISTS have been named in the 2018 Rhode Island Business Plan Competition.
SIX FINALISTS have been named in the 2018 Rhode Island Business Plan Competition.

PROVIDENCE – Six finalists for the Rhode Island Business Plan Competition were announced Thursday. The finalists were chosen from 14 semi-finalists, which had been chosen from 61 applicants this year.

The remaining participants will compete for prizes valued at $265,000, with winners being announced at a public ceremony at the Rhode Island Nursing Education Center at South Street Landing in Providence on May 17 from 5-6 p.m

Four of the six finalists named for the 2018 competition were from the competition’s student track. All principal applicants for the student track were Brown University students.

This year’s finalists are:

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  • FungEye is a rover-based detection system, using multispectral imaging, to identify mold growth before the human eye can, replacing manual inspections which often lack accuracy. Principal applicant: David Katzevich, Brown University.
  • goTeff is a low sugar, all-natural, nutrition bar that uses Teff, a gluten-free super-grain with low-glycemic index and a superior balance of nutrients, for health-minded consumers. Principal applicant: Saron Mechale, Brown University.
  • PowerDocks LLC has created floating platforms, such as moorings and docks, that use renewable energy sources to generate, store and distribute power at those sites. Principal applicant: Anthony Baro, Newport.
  • Predictive Optics is developing a portable wearable device that optically evaluates cerebrovascular health by quantifying retinal blood flow dynamic differences between eyes. Principal applicant: Vishnu Dantu, Brown University.
  • TextUp has developed an encrypted software package for social workers that increases their efficiency by enabling them to manage all documents and information flows. Principal applicant: Michelle Petersen, Brown University.
  • Your Heaven LLC has developed a hardware/software technology platform for amplifying and recording acoustic musical instruments accurately and simply. Principal applicant: Prachi Jain, Providence.

Chris Bergenheim is the PBN web editor.