Denver-based firm wins Monfort Entrepreneurial Challenge

GREELEY — Five winners have been announced for the ninth annual University of Northern Colorado Monfort College of Business Entrepreneurial Challenge.

Denver-based Boogaloo Beds took home the top prize and $25,000. The company makes smart beds meant for people with sensory disorders, such as autism. They come equipped with cameras, sensors and protective padding and are meant to block out distracting sensations so people can go to bed easier. The company said it plans to use the prize money to manufacture its first selling unit, which requires a lot of upfront costs.

Snow Shed Wax Co., from Carbondale, got $10,000 and second place. The company makes a water-based anti-stick spray to reduce snow and ice buildup on climbing skins and bindings.

The third-place winner, which received $5,000, is Boulder-based Give and Go, which developed a video-editing tool designed for sports coaches to automate editing game footage.

Brainitz, from Colorado Springs, won fourth place and $2,500. The company makes a Web-based tool for teachers to record lessons and embed questions throughout the video, which checks for understanding while the video is playing rather than waiting from the end. And Fort Collins-based startup Parkit, which provides an online platform for college students to sell off extra parking spaces to which they have access, won fifth place and also $2,500.

In all, winners received a total of $50,000 in prize money and incubator services from UNC BizHub.

on Facebook on LinkedIn