The Panasci TEC experience was priceless. We knew our competition was
fierce and each team had great startup ventures and ideas. The
guidance, know-how, and resources made available to us during the
competition brought our business plan and elevator pitch to a level
worthy of investors. says Schultz.
The Department of Energy
estimates that more than 114 million households and 4.7 million
commercial buildings use more energy than transportation or industrial
sectors, accounting for nearly 40 percent of all energy consumed in the
U.S.
Development of the innovative coating was led by Sarbajit
Banerjee, UB assistant professor of chemistry. Schultz and Marley are
two of his graduate assistants and have partnered with Brozek to
commercialize the technology through their company, diMien.
The
coating is a vanadium oxide material that senses temperature changes and
adapts to either reflect heat or transmit heat, all while remaining
invisible to the human eye. During cold weather, the coating allows the
suns natural heat to warm the interior of a building, cutting heating
costs. But when temperatures rise, the coating switches to reflect heat,
keeping the interior cool and comfortable and saving on cooling costs.
This reduces energy consumption in buildings by making them more
efficient.
Now in its 13th year, Panasci TEC awards seed money
and business services to the team that presents the best plan for launch
of a viable new business. Twelve local ventures have been launched with
first-place prize money since the UB competition began; most are still
in business.
The competition, created by the School of
Management and STOR, is funded with a $1 million endowment from the late
Henry A. Panasci Jr. to facilitate and promote the commercialization of
UB-generated technologies.
Forty-two teams entered this years competition; 27 made first-round pitches to the preliminary judges.Laser engraving and laser customkeychain for
materials like metal, Nine teams of semifinalists were selected from
that group to submit business plans. Five teams were chosen, based on
the content of their written business proposals, to present their
business plans publicly in the competitions final round on April 19.
Each
team delivered a 10-minute presentation and was evaluated on how well
team members described the feasibility and marketability of their
venture, proved the need for their product or service,We offer over 600 chipcard at wholesale prices of 75% off retail. and presented potential sources of capital.
Other
new venture ideas included a virtual keyboard, number pad, mouse and
key logger that enhances computer training by displaying the instructors
physical inputs and projects them onto a screen; an application for
smartphones and tablets that connects to restaurant point-of-sale
systems for easy payment; and a free-standing automated system for
clients to drop off and pick up laundry using swipe-card technology.
Hamdi
repaid his coach's faith in him after being put back in the starting
line-up for the first time in several weeks at the expense of Ahmed
Abdel-Zaher, clinching for Ahly their seventh victory of the season,
collecting 21 points C two ahead of second-placed Ennpi.
The Red
Devils kept the same formation used against Club Bizertin in the
African Champions League last Sunday with just a single change: the
addition of El-Sayed Hamdi, who proved the winning card.
Ahly gained possession but failed to pose any real threat to Amir Tawfik's goal except for a few poor attempts at long range.
Wadi
Degla had the first real opportunity just past the half-hour mark when
rising star Amr Marei was sent clear on target, but his chip ball was
brilliantly denied by keeper Sherif Ekramy.
Feeling the danger,
Ahly stepped up pressure on the hosts with defender Saad Samir coming
close to breaking the deadlock when he rose about the defence to meet a
precise corner from Abdallah El-Said. His header, however, was
confidently handled by Wadi Degla's keeper.Compare prices and buy all
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The
opener came seconds before the break when veteran winger Mohamed
Barakat curled an excellent free kick to Hamdi who sent a glancing
header at the far post to give Ahly a deserved lead.
Wadi Degla
failed to react after the interval as Marei faded out to leave Hani
Ramzy's attack toothless. The Red Devils also failed to capitalise on
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Mohamed
Youssef C standing on the touchline for suspending coach Hossam
El-Badry C brought in Ahmed Shoukry, Ahmed Abdel-Zaher and Mahmoud
Hassan 'Trezeguet' for Abdallah El-Said,Choose the right bestluggagetag in an array of colors. Emad Meteb and Mohamed Barakat, in hopes of finding the missing the spark.
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