CEI Blog

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CEI Celebrates Client Wins

Post By: Tom Schumann
April 13, 2017, 11:49 AM

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How do successful incubators track and report their success and impact on the communities in which they live? Simple; the stories of achievment of milestones and the success of the people, the business heros and champions, who put it all on the line to succeed.  I want to share these current stories of our client successes as they compete for grant opportunities and as they achieve significant milestones along their growth paths.  Here are few example of the stories we get to share when CEI clients emerge as successful operating companies ...

Somatic Labs Takes ASU Innovation Open

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We're thrilled to share the recent news that Somatic Labs co-founders Shantanu Bala, Ajay Karpur and Jacob Rockland won the first ASU Innovation Open competition in late March, 2017. The three met five years ago during networking events for winners of the Flinn Scholarship, a prestigious, merit-based program for Arizona high school graduates to attend one of the three state universities. Two founders are graduates of Arizona State University and one is a senior at the University of Arizona. The three co-founders pitched their way into CEI and launched Somatic Labs.

The award of $100,000 will fund the commercialization of the product. The wristband device named, Moment is a wearable technology using "haptic," or touch technology to help manage information into finely tuned vibrations.

Congratulations guys! CEI is proud to work with you.


BMSeed Wins Flinn Foundation Award, Makes Semifinalist for AIC

 

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The BMSeed technology develops and sells products for biomedical applications that require soft and stretchable electronic interfaces with cells, tissue, or skin.

The team worked long and hard developing their pitch with the goal of winning the Flinn Foundation grant totaling $30,000. This crucial funding was will be essential when it comes to driving their technology development forward and going to market. Without funding like this, it would be virtually impossible for CEI clients to reach their big milestones. 

 

 
 


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Two CEI Clients Chosen for ACA's Arizona Innovation Challenge 

We're pleased to showcase two CEI clients who have been selected to move forward in the Arizona Innovation Challenge through the Arizona Commerce Authority. A recent article in The Phoenix Business Journal reveals the entire list of semifinalists. Here are the CEI clients who made the cut.

  1. PHR+ is a medical records software platform that delivers a wearable device for mobile and web-based access to medical records. The company founder is Kyle Anderson. 
  2. BMSeed designs and develops a stretchable gold film that replaces electrodes for electrical conductivity. The founder of the company is Oliver Graudejus. 

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SMART Brain Aging Wins the Flinn Foundation Bio Entrepreneurship Award

The CEI team is excited to announce that SMART Brain Aging was among seven bioscience companies that won the Flinn Foundation Bio Entrepreneurship Award. SMART Brain Aging develops and sells brain training programs that impact the onset of dementia and memory loss. The founder of the company is Dr. John DenBoer.

To qualify for the program, the selected firms "must be engaged in the commercialization of bioscience research and biotechnology and/or the sale of products in the areas of medical devices and equipment; drugs, pharmaceuticals, and diagnostics; agricultural feedstock and chemicals; research, testing and medical labs; or bioscience-related distribution."


 Are you a technology-based, bio/life science company with high-growth potential? Join the CEI community of entrepreneurs and apply today!

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