Out of well over 70 ventures, 22 start-up companies have been chosen to work with IMD's MBA and EMBA programs in 2007. These are the winners of the 9th annual IMD Start-Up Competition.
According to the organizers of the competition, Jim Pulcrano and Dr. Benoit Leleux, the overall quality of the start-ups who entered the competition was the best IMD has ever seen in the past nine years. Jim Pulcrano comments: “Every year we have had a couple of stars, but this year we had many great start-ups to choose from. We had to make some difficult choices.” Benoit Leleux commented, “It was a challenge to decide which companies have the highest potential for commercial success and provide the best learning opportunities for our students.”
The IMD Start-Up competition provides a unique opportunity for early-stage companies to benefit from the support and insights of a team of dedicated and experienced participants from two of IMD’s flagship programs, the MBA and the Executive MBA. The objectives of this unique collaboration between entrepreneurs and managers/participants are two-fold:
- Provide hands-on learning experience in entrepreneurship and new ventures for the IMD MBA and EMBA classes
- Provide input and support to early stage companies, to improve their chances of funding and success
“Life in a private company is unstructured, and IMD helped us to become more structured in our way of thinking”, comments Anil Sethi, CEO of Flisom, a start-up that worked with a team of IMD EMBA participants in 2005.
Winners of the 2007 IMD start-up competition
- Active Metrics is a leading provider of integrated dynamic pricing software and web services for hotels.
- develops application-specific low-cost/low-power Wireless Sensor Networks in the field of industrial inspection and condition-based maintenance.
- is a start-up company focused on enhanced peptide/protein therapeutics & peptide/protein non-invasive delivery
- aims to make commerce safer by revolutionizing the detection of radioactive materials and explosives concealed in cargo.
- is an advanced authentication solution using breakthrough bimodal biometric technology based on speech and face.
- develops innovative, leading-edge and highly secure solutions for authentication, access control, and mobile payment utilizing OTP and acoustic digital signature on mobile phones.
- is launching an innovative technology based on high concentration photovoltaics using Fresnel lenses to focus sunlight on high-performance solar cells.
- software is an Internet browser with parental control capabilities.
- Gemmina Mia designs and markets unique, handmade children’s footwear, for an international market, with a subtext of fighting poverty.
- is a biopharmaceutical company dedicated to the discovery and development of innovative therapeutics, with expertise in an entirely original therapeutic path towards fighting diseases associated with overproduction of radical oxygen (ROS) and superoxides.
- develops hydrogen storage in solid form. A safe and efficient way to store energy.
- develops and commercializes high-speed encryption solutions for storage and metropolitan area networks.
- Instant Market Intelligence is changing the face of consumer feedback market research by enabling companies to receive instant feedback from consumers via mobile phone SMSs.
- Kangoo-Caleido offers a distributed storage system for the Internet. Free, unlimited and secure online storage.
- is a manufacturer of replica antique furniture, based in Ecuador.
- markets a revolutionary new software tool for designers of system-on-chips, delivering higher application performance while shortening time to market.
- has developed a single-use and disposable syringe for dental anaesthesia.
- provides hi-tech systems for measuring and remotely displaying remaining volumes in fuel tanks, allowing optimization of wetstock management and deliveries.
- is a multi-media direct sales organization offering leading retailers access to mass markets through print and online shopping portals.
- enables consumers to interact with businesses using text messaging.
- offers smart metering and Automated Meter Reading (AMR) based on non-invasive retrofit of installed meters and OCR-based data acquisition.
- is a pharmaceutical company developing intracellular peptide therapeutics for the treatment of major debilitating diseases: strokes, cancer and viral infections.