BioBotic Solutions Takes Second at DWR Tri-State Governor's Cup
University of Arkansas startup BioBotic Solutions took overall second place over the weekend in the undergrad division of the 2014 Donald W. Reynolds Tri-State Governor's Cup business-plan competition in Las Vegas.
The Arkansas Capital Corporation Group has more here, including a list of all the winners.
A team from the University of Tulsa won first place in the undergrad division, and teams from the University of Nevada, Reno, and the University of Oklahoma took first and second in the grad division.
BioBotic is made up of two UA students -- Michael Iseman and Kelley Coakley -- and a student from Hendrix College, Rachel Zweig. Zweig, incidentally, is the daughter of BioBotic adviser and legendary UA business-plan coach Carol Reeves.
Also on the team? None other than IA's own Jeff Amerine, who served as adviser with Reeves. Amerine is the UA's director of technology ventures.
Tri-State, of course, pits the top two graduate and undergrad winers from the Governor's Cup competitions in Arkansas, Oklahoma and Nevada.
BioBotic, which has developed a robotic arm for tissue handling in pathology labs, won $25,000 for taking first place at the Arkansas Governor's Cup in April, then the following weekend won another $25,000 for winning the prestigious Richards Barrentine Values and Ventures Business Plan Competition at TCU.
The team won another $20,000 for placing second at Tri-State. BioBotic represents the latest UA startup to excel on the national business-plan stage. Expect more success to come over the summer...