GREELEY – Semifinalists have been selected for the sixth annual Monfort College of Business Entrepreneurial Challenge at the University of Northern Colorado.
The Entrepreneurial Challenge is an opportunity for aspiring entrepreneurs to gain exposure and compete for $50,000 in prize money to help bring their innovative business ideas to fruition.
How a business manages its inventory can have a tremendous impact on the financial health of the company. Managed properly, inventory can be a great source of increased margins, higher revenue, or a combination of the two.
The 19 semifinalists who will present their business concepts at the UNC University Center on Jan. 28 are:
Preventative Technology Solutions, a software development company;
Lucan Technologies Inc., which has created touch-screen smart watches;
TurfToes Sandal Co., which aims to create sandals with synthetic grass soles;
QuadshoX, which focuses on manual wheelchairs with new rear suspension;
VisePower.com LLC, which makes a weightlifting belt device;
Change Composites, which produces a safer bike helmet;
Nexus Bioenergy, which is working to convert waste from farms and kitchens to biogas;
Gamecentrics, a workflow software company;
Living Ink Technologies, which uses living algae to create ink;
Do Good Jerky LLC, makers of an antibiotic-free beef jerky;
Colleges Wired, developers of an app for college students;
Mobile Preventative Health LLC, creators of a health communication app;
MORAS Corp., which creates a retail consumer app;
Next Generation Systems LLC, which produces English grammar educational programs;
QB Labs which makes wearable health-care technology;
Tomlinson Water Transport Consulting, which assists organizations with water transport;
Technology Launch LLC, which makes computer mice;
SEB’s Recreational Center, a recreational facility for disabled people; and
Three Spires Brewing Co., which brews gluten-free beer.
Following the semifinals, five finalists will be chosen to compete for $50,000 in prize money and the opportunity to present their business plans to a panel of judges on March 26 at the studios of KUSA-TV Channel 9 in Denver. The finals will be televised by 9News’ sister station KTVD Channel 20.
Semifinalists also will be invited to participate in an additional event that gives competitors an opportunity to present their business ideas to judges and experts in March. Competitors will receive feedback and network with possible investors and other entrepreneurs.