Six Innovative Tech Startup Finalists Announced to Pitch at Demo Day
Six teams are preparing to pitch their startups live at Demo Day to win $300,000 in prize seed funding, provided by IDEA NY Mohawk Valley!
ROME, NY – Griffiss Institute, together with the Air Force Research Laboratory Information Directorate, are pleased to announce the six startup finalists of the current 2019 AFRL Commercialization Academy cohort, of which five are from New York State, including three teams from the Mohawk Valley region, and one team hailing from Philadelphia, PA.
These tech teams are being incubated by Wasabi Ventures Academy, while building their startups around Department of Defense Intellectual Property (IP) from the Air Force Research Laboratory Information Directorate (AFRL/RI) in Rome, New York.
Here are the finalists selected for the next 2019 AFRL Commercialization Academy Demo Day!
CDNA provides a diverse set of cyber-protection and sits in-line with your network connection, intercepting threats before reaching the host system.
E-Health Now is the first platform that exclusively focuses on optimizing the management plans for cancer patients in China.
Go Figure is the only solution that lets you measure, estimate, and create a proposal, all onsite using just your iPad.
SkyTubeLive is the site for live streaming drone videos.
ATLAS helps scrap metal recyclers protect their valuable rollaway containers that regularly are stolen or lost. ATLAS is a small, low cost, high powered tracker that can give users near real time updates as to the location of their assets. Its software is integrated with the high-powered DoD system, Android Team Awareness Kit (ATAK), and can link thousands of different assets across multiple networks in a manageable common operating picture.
Tooling Intel will bridge the gap between corporate and operations to bring real-time global tooling asset visibility and predictive tooling analytics to all corporate stakeholders.
“Our six finalists are great examples of what we call dual use technologies,” says Dan Fayette, principal engineer at Griffiss Institute, “Taking an idea designed for one purpose, and using it for another. These are all great teams, and I look forward to seeing their pitches. No matter the final outcome, I am sure they will all go on to become successful businesses, increasing the economic growth for the Mohawk Valley, New York State, and the Nation.”
At Demo Day, to be held on Thursday, March 21, 2019, at Griffiss Institute, these teams will pitch their startup in cyber security, big data, information systems, and UAS, to a panel of judges and compete to win for $300,000 in prize seed funding provided by IDEA NY! The grand prize of $200,000 will go to the overall winner and $100,000 will go to the runner-up!
The Innovation & Development Entrepreneurial Accelerator, known as IDEA NY Mohawk Valley, is a business accelerator competition and twelve-month program that will incentivize promising entrepreneurs to create and grow viable commercial businesses in the Mohawk Valley region. This accelerator program is made possible by a $2 million Upstate Revitalization Initiative grant from New York State Governor Andrew M. Cuomo.
Empire State Development President, CEO and Commissioner Howard Zemsky said, "The goal of the IDEA NY competition is to attract the best and the brightest entrepreneurs to grow innovative tech businesses in the Mohawk Valley. Congratulations to the six teams who are moving on to the finals in the competition.”
After Demo Day, eligible teams will participate in the year-long IDEA NY accelerator program. Additional assistance will be provided to the teams through the Griffiss Institute, the Griffiss Institute Business Incubator, a Certified NYS Business Incubator, and Mohawk Valley EDGE. Participating teams will be required to reside in the Mohawk Valley region for a 12-month period after Demo Day.
Tickets to the FREE Demo Day event are available here: https://commacaddemo19.eventbrite.com
Inside the Lab