News

ECE’s Jason Isaacs and Andrew Irish on TMP’s New Venture Competition Grand Prize and Tech Push 1st Place winning team

May 29th, 2014

shadowmaps team
The Shadowmaps team, Irish and Isaacs (ECE), Daniel Iland (Computer Science) and Dayton Horvath (Chemistry), developed a business-to-business cloud-based software as a service solution that supplements GPS in urban environments.

ECE’s Eric Goodman on the Market Pull 3rd Place team Echo and Jared Hulme on the Tech Push 2nd Place team Fluency Lighting Technologies.

Student teams from UC Santa Barbara took home more than $40,000 in cash prizes tonight at the 15th Annual New Venture Competition Finals (NVC), hosted by the Technology Management Program. The teams who competed in the finals had been working on perfecting their pitch and refining their business plans in preparation for tonight over the past 7 months. Through countless hours of hard work and dedication under the tutelage of seasoned mentors from the central coast community, as well as their academic advisors, these young innovators truly encompass the spirit of true “techpreneurs”.

There were nine awards given to the six teams. The teams were placed in two categories, Tech Push-involves commercializing a new technology or scientific breakthrough that may be in its nascent stages of development and hence requires a significant investment of time and resources, and may not address an existing market demand-and Market Pull-new ideas that can address an existing customer need with a comparatively small investment of time or resources. All six teams were eligible to win the Grand Prize, the Eling’s Prize, and the People’s Choice award.

TMP NVC Prize Winners:

  • Grand Prize- $10,000: ShadowMaps
  • Elings Prize- $5,000: Salty Girl Seafood
  • People’s Choice-$5,000: Salty Girl Seafood
  • Tech Push, 1st Place-$10,000: ShadowMaps
  • Tech Push, 2nd Place-$2,000: Cayuga Biotech & Fluency Lighting Technologies (each received a $2,000 award)
  • Market Pull, 1st Place-$5,000: Bottle Branders
  • Market Pull, 2nd Place-$2,500: Salty Girl Seafood
  • Market Pull 3rd Place-$1,000: Echo

About TMP:
The Technology Management Program at UC Santa Barbara is dedicated to the development of business and innovation in an increasingly technology-based global economy. TMP offers driven, innovative, and entrepreneurial students an in-depth understanding of business principles and professional skills vital to their success after graduation. Graduate and undergraduate students receive a cutting-edge curriculum of theory, practice, and mentorship that is at the intersection of technology, business, and social science.

TMP New Venture Competition Finals 2014

ECE students & postdoc on finalist teams in TMP's NVC (related ECE article)

TMP New Venture Competition