Congratulations to the 2008 Business Plan Competition Winners!
Grand Prize Winner ($100,000) -- Lambert Technologies
The University of Alabama
Lambert Technologies has developed a patented luminescent epoxy coating used for testing material stress levels - Strain Sensitive Skin (S3). When the coating is placed on an object and is then tested under different load conditions, the coating emits a light. This light allows for the formation of a strain map across the object’s surface. The strain map can then be used to predict the object’s failure mode location and more accurately determine its service life. Lambert Technologies plans in incubate in the Alabama Institute for Manufacturing Excellence at The University of Alabama.
Second Place ($50,000) -- Cellulosix
The University of Alabama
Cellulosix is developing a catalog of cellulose-based chemical reagents for use in drug delivery, functional foods, smart clothing, functional bandages, and several other potential markets. Our advantage is that we can dissolve raw cellulose in more mild conditions than current technology which allows us to modify it chemically and physically in ways that were previously not possible. Cellulosix will offer a wide range of cellulose materials from conductive cellulose fibers to cellulose based drug delivery systems.
Third Place ($25,000) -- SEA Desalination
The University of Alabama
SEA Desalination uses a sun-powered desalination technology that removes salt from seawater or high mineral concentrations from ground water. It has a low-environmental impact, since it does not eject brine-water, and is made from remanufactured plastic water and soda bottles. We plan to manufacture and sell this Array system to homeowners and businesses in coastal areas for drinking water and irrigation.
See video from the Tuscaloosa News:
|
Check out our official press release and press coverage
Welcome to the official website of Alabama Launchpad. Formed by six of the state's research universities and the business community, Alabama Launchpad was created to help fuel the development of high growth companies in Alabama.
Visit the Alabama Launchpad Blog for more information about our organization, our goals and related stories. Also, check out our Annual Report from the first season of the business plan competition.
