Big Idea Business Plan Contest Winners To Be Announced July 31

ETI ExteriorPosted: July 26, 2013

The fate of six companies competing for a $35,000 cash prize and six months' residency at Gannon University's Erie Technology Incubator (ETI) will be announced Wednesday, July 31, as the winner of the Ben Franklin Technology Partners BIG IDEA Business Plan Contest for Northwest Pennsylvania will be determined.

There will be a press event beginning at 3 p.m. followed by a networking reception held at the Knowledge Center on Knowledge Parkway in Erie.

There are six finalists vying for six months of residency in the Erie Technology Incubator (ETI); $35,000; one year of free tuition for classes/seminars offered by the eMarketing Learning Center; and a free, five-hour consult on intellectual property from Attorney Jonathan D'Silva with the Erie law firm, MacDonald, Illig, Jones, & Britton.

The contest finalists include: Direct Allergy (Robert Schultz, CEO), Adaptmicrosys LLC (Kyu Jung, Ph.D., president), reCAP Mason Jars (Karen Rzepecki, founder), MedicalOpinionCenter.com LLC (Stephen Kovacs, CEO), Advanced Power Control Solutions LLC (Christopher Abeyta, CEO), and CNG One Source, Inc. (Karen Teslovich, president).

Direct Allergy - Robert Schultz/CEO - providing a turnkey service to primary-care doctors for testing, diagnosis, and treatment of patients, especially those in underserved rural areas, who suffer from allergies. 

Adaptmicrosys LLC - Kyu Jung, Ph.D./president (and assistant professor of electrical and computer engineering at Gannon) - a leading-edge, adaptive semiconductor company that provides higher energy savings, more efficiency, and greatly increased performance in a variety of smart-connected devices.*

reCAP Mason Jars - Karen Rzepecki/founder - the manufacturer and Amazon top-seller of high-quality plastic caps for Mason jars is developing an app that caters to those interested in using Mason jars for creative uses. reCAP was the 2011 winner of the InnovationErieDesign Competition.*

MedicalOpinionCenter.com LLC - Stephen Kovacs/CEO (Gannon undergrad alumus)- has developed a unique model that provides the expertise of three medical specialists to be offered as an online medical service.*

Advanced Power Control Solutions LLC - Tom Woodward/president - Developed an innovative coal/natural gas hybrid burner technology that allows compliance with EPA requirements and increases power output from existing coal-fired power generation facilities that are prevalent in Pennsylvania.*

CNG One Source, Inc. - Karen Teslovich/President - Manufactures natural gas engines for diesel trucks and installs conversions for gas powered fleet vehicles.

 
*Denotes company is an Erie Technology Incubator client.

The Erie Technology Incubator at Gannon University is northwestern Pennsylvania's only technology incubator. It provides early-stage, high-growth technology-based companies with office space, mentoring, strategic guidance and other resources. 

Ben Franklin Technology Partners CNP, an initiative of the Pennsylvania Department of Community and Economic Development and funded by the Ben Franklin Technology Development Authority, provides investment capital and business support services to emerging tech-based companies and small, existing manufacturers for the purpose of creating and retaining jobs in Pennsylvania.

For more information about Ben Franklin, contact its Erie office in Knowledge Park at 814-898-6650 or visit www.cnp.benfranklin.org. For more information about ETI, call 814-459-6037 or visit www.erietech.org.