Friday, April 13, 2007

2007 Cornell Business Plan Competition Winners

1st Place

e2e Materials produces strong, biodegradable composites from annually renewable fibers and soy protein, an agricultural commodity. Based Cornell technology, its products replace toxic, petroleum-based materials filling landfills. The company is commercializing a formaldehyde-free, cost competitive alternative to particleboard. Formaldehyde, a carcinogen, is being legislated out of the $6.3B particleboard market.

2nd Place

DNANO Systems LLC has a long term vision of offering protein-based medicines to patients at much lower costs. DNANO will achieve that goal by commercializing a proprietary technology to rapidly produce proteins at super high yields without involving living cells, hence eliminating costs associated with cell-based manufacturing processes.

3rd Place

Veratag, Inc.'s mission is to change the cost-benefit equation for security in radio frequency identification (RFID) systems by building on work done at Cornell University's Craighead Research Group. The innovation is micro-electro-mechanical systems (MEMS) resonators which produce unique analog signals that can be used for identification, authentication and counterfeit prevention.