MUN Hands out $40 K in Woodward Cup
BreatheSuite, VitalMIST and WARPAR Corp, run by three Memorial University of Newfoundland (MUN) engineering students were the top three winners among the eight finalists. The Memorial Centre for Entrepreneurship hosted the business idea competition last Wednesday, which awarded $40,000 in seed funding and other supports to student entrepreneurs.
Each winner took home $10,000 as well as up to $1,500 in marketing and legal expenses and they will have access to MCE’s co-working space as well as enrolment in the Genesis Centre’s Evolution Program, and a free seminar from the Gardiner Centre.
BreatheSuite, aims to build an add-on device for inhalers, allowing people with asthma and chronic obstructive pulmonary disease to receive optimal dosages of medication.
VitalMIST, offers a nasal optimizer that allows physicians to administer liquid medication effectively.
WARPAR, builts a product called Enzo, a light dimmer that can monitor power, and is compatible with most lightbulbs on the market.
Delta Innovations and BlueBrick Design & Development received honourable mention and prizes of $3,000 and $2,000 respectively.
To read the full article in Entrevestor, click here.