Tulane Business Model Competition announces semifinalists

March 12, 2014 10:00 AM

New Wave staff
newwave@tulane.edu

The Tulane Entrepreneurs Association (TEA) has announced eight semifinalists for the group’s newly revamped Tulane Business Model Competition.

Entrepreneurs take part in the Tulane Business Model Competition

The 2014 competition by the Tulane Entrepreneurs Association will award $35,000 to startup ventures with consumer-tested business ideas. (Photo by Cheryl Gerber)


This year’s contest was redesigned to better reward the practical aspects of what make startups successful — the ability to rapidly adapt to customers’ needs. It offers a $25,000 grand prize and $10,000 for the runner-up.

“From food carts and hospitality ventures to educational technology and biomedical devices, our eight finalists truly represent a cross-section of the New Orleans startup scene,” says Ralph Maurer, executive director of the Levy-Rosenblum Institute for Entrepreneurship in the A. B. Freeman School of Business at Tulane.

The semi-finalists are:
• ComeFail, a space for college students to fail safely and a platform for supportive learning and exploration.
• CCC, a venture that offers customized volunteer and hospitality experiences for customers.
• Fleur de Latkes, a new food cart and catering business in uptown New Orleans that specializes in a modern take on Jewish cooking.
• InVision Biomedical, a firm that takes existing innovative procedures and implements novel medical devices.
• Million Dollar Scholar, an education technology and services venture that provides students with an online platform to learn about the scholarship application process.
• Threadix, an event management and data analytics company using the latest technology for advertisers and event organizers.
• Tympanogen, a firm commercializing a gel patch developed at Tulane called Perf-Fix, for non-surgical repair of chronic tympanic membrane perforations.
• US Fresh Cane, a sugar cane drink company.

Semifinalists receive $1,000 each and will get to pitch their ideas on Tuesday, March 25, during New Orleans Entrepreneur Week, the sixth annual showcase event for the local entrepreneurial ecosystem. They also will receive mentoring from and network with a variety of startup experts.

Ultimately, three finalists will present their business models at Tulane on Friday, April 11. Anyone interested also can follow the Tulane Business Model Competition on Facebook and on Twitter.

Tulane University, New Orleans, LA 70118 504-865-5000 website@tulane.edu