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  • Venture Cup Denmark

    18 June 2009
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  • Table of contents:

    1. Meet the 2009 Venture Cup finalists
    2. 1st prize winner: Multiaerobics
    3. 2nd prize winner: Wölwa Group
    4. 3rd prize winners: Immeasure
    5. EpiMethylOmics
    6. The Kono Business
    7. Freja
    8. 1Calendar
    9. Watermarc
    10. Centiverse
    11. Skylight Cleaner
    12. Venture Cup alumni 1Calendar receives prize
    13. Venture Cup alumni wins Kauffman scholarships
    14. Entrepreneurship bar on friday!

  • 1. Meet the 2009 Venture Cup finalists

    The storm and excitement of the Venture Cup final have passed and the hardworking team behind Multiaerobics could go home 250.000 DKK richer. Congratulations!

    In this newletter you can read about the ten finalist selected among more than 270 competing teams in this year’s Venture Cup, to pitch their idea for a broad jury panel at the Venture Cup final 2009. Here is an opportunity to get to know the top 10 ideas and the people behind them better!

    Thank you all for your effort and have a wonderful summer, and we’ll be seeing you all for another successful year of innovation and entrepreneurship.

  • 2. 1st prize winner: Multiaerobics

    Students from CBS and ITU joined forces to create a concept that will revolutionize the physiotherapy industry. The multi-national and cross-disciplinary team behind the innovative concept are José Cerdan, Jakub Otocki, Billal Ali, Ian Jorgensen and Ana Boyadjieva.

    The idea: Multiaerobics is an interactive platform dedicated for specialists in physiotherapy. The software allows the specialists to treat their patients from distance using specialized sensors devices combined with physical exercises. Our solution delivers many benefits: it saves time, reduces the costs and improves the quality of rehabilitation.

    The innovation consists of a software and specially developed sensors that track body movements. Thus, the product enhances communication and helps users save resources and time, and, at the same time, improve on quality. Moreover, the innovation is applied to Smart phones and Projector Glasses for people who would like to train in everyday surroundings.

    Multiaerobics took away 250.000 DKK for their concept. José, who started the venture, was thrilled: “ I start living my dream. This is the recognition from investors that this is not just a good idea but also an investment to be in the market. Now we can show potential customers that we are ready”.

    See http://www.multiaerobics.com for more info

  • 3. 2nd prize winner: Wölwa Group

    Four computer science students from the University of Copenhagen took away the 2nd prize at the Venture cup final. The team behind Wölwa Group consists of Dennis Kayser, Danny Larsen, Jens Duelund Pallesen og Niels Frederiksen.

    The idea: Wölwa group entered the competition with software for project management cost estimates. The “Software as a Service” (SaaS) concept incorporates historical data to provide accurate estimates early in the project life cycle.
    The Estimation & Management Platform (EMP) is a software product, built as “Software as a Service” (SaaS). The product works as a platform for estimating project costs. It incorporates historical data from completed and ongoing projects to provide highly accurate estimates early in the project life cycle and throughout the project. EMP enables companies to save time and money, minimize risk, deliver projects on time and unify their estimation approach.

    See http://www.wölwa.com for more info

  • 4. 3rd prize winners: Immeasure

    Immeasure is made up of an interdisciplinary team of engineers from DTU and business students from CBS. The team has previously experienced great success in competitions. Immeassure won 1st place at the Venture Cup Copenhagen regional finals in December, as well as the international competition “The mai Bangkok Business Challenge” earlier this year. The four entrepreneurs behind the idea are Pranjul Shahm Kristina Aggergaard, Paw Linnemann Larsen and Martin Hedegård Sørensen.

    The idea: Immeasure has invented a patentable technology which will revolutionize the diagnostics industry. Immeasure’s new breakthrough technology will enable multiple protein concentration measurement for the first time in history, since measuring multiple protein concentrations from a single sample is not possible with any other technology. Today’s dominating technology uses between 4 – 6 hours just to measure a single protein concentration. Immeasure’s technology will be able to measure 10 protein concentrations within minutes, lowering costs significantly while providing a faster and potentially life saving treatment to patients.

    Protein concentration measurements are a serious issue for hospitals and laboratories which usually conduct hundreds of these tests on a daily basis. It is frequently necessary to measure several different protein concentrations just in order to diagnose a single disease. Immeasure has initiated the patent process and will soon license this technology to a global partner. Immeasure’s technology has lower productions costs than competing technologies, granting IVD manufactures like Roche and Siemens increased profit while also ensuring much needed cost savings to the hospitals. This technology marks a dawn of a new era in the world of diagnostics which has remained stagnant for the last 40 years and it is set to render ELISA obsolete.

    See http://www.immeasure.com for more information

  • 5. EpiMethylOmics

    A new method for diagnosing cancer! Thomas Wojdac and Jannik Schmidt from the University of Aarhus and Aarhus Business School have developed a breakthrough technology.

    The idea: A proprietary technology which it allows for systematic and accurate diagnosis of cancer. EpiMethylOmics will provide epigenetic research customers with a superior DNA screening tool allowing laboratories to outsource complex and time consuming experiments.

    Since the human genome has been mapped, the focus is on interpretation of human genome information, since this is crucial for developing new diagnostics and treatments for diseases. EpiMethylOmics’s has invented a proprietary technology which it allows for systematic and accurate diagnosis of cancer. EpiMethylOmics’s business model allows for partial self-financing, a significant competitive advantage in the current economic environment.

  • 6. The Kono Business

    8 social entrepreneurs are behind this idea, and they are students from both SDU and RUC. They have previous experience in working with charity and social work.

    The idea: Social entrepreneurship business with Danish design products produced by marginalized women in Sierra Leone, and then sold in Denmark. The essential element of the brand is storytelling, bringing the story of the Sierra Leonean women to life, and thereby appealing to politically conscious consumers. This business will also train the marginalized women in business skills and, in time, train them to run their own business in Koidu, Sierra Leone.

  • 7. Freja

    Serial entrepreneur Henrik Dörge from CBS and his partner Bjarne Bo Jensen form the team behind this med-tech venture.

    The idea: Freja will produce the plastic products that are required in IVF (In vitro fertilization) clinics. The clinics are obliged to use plasticware certified and validated for IVF, however a full certified range of plasticware doesn’t currently exist. Freja APS will produce these products.

    The team has in depth knowledge of the industry, the regulatory demands and the market dynamics. The company will source and act internationally from the on-set.

  • 8. 1Calendar

    Daniel Daugaard and Steffen Thilsted from CBS are the driving forces behind a new calendar system, which already has proven to be a very good idea. The team behind the project is expanding and 1Calander is already up and running with thousands of users.

    The idea: 1calendar is an online calendar for students for organizing school timetables, socio/cultural and private events.

    In a world of increasing technological complexity and high data density, online organization has become a time-consuming activity. 1calendar automatically updated school timetables, socio/cultural events and a tool-based community networking features, allowing the user to save time and become better organized. The system is free and tailor-made for University students.

    See http://www.1calendar.dk for more information.

  • 9. Watermarc

    Three students from SDU have come up with an idea of how to distribute water for free. Fabian Bergner, Andreas Bang Marxen, and Marc Roar Hintze are the entrepreners behind this venture.

    The idea: A new advertising concept where companies advertise on mineral water bottles, which are distributed to consumers for free. Watermarc calls the concept “Aquatizing” – advertising on bottle labels.

    The idea is to deliver free water bottles directly to the consumer. Delivery takes place through secure wending racks at some of the most crowded spots, such as railway stations and shopping malls. The consumer can get free bottled water and the companies get a new advertising medium. The water bottles are based on biodegradable materials and designed to provide a large area for communication.

  • 10. Centiverse

    A multidisciplinary team consisting of students from CBS and DTU have joined forces to develop a new search-engine. Claus Christensen, Frederik Roikie, Thorsteinn Fridriksson and Alvin Kaule are the men behind the venture

    The idea: Centiverse is an online search engine that applies new technologies that ensure optimal search results through unique language understanding and semantic solutions. Furthermore Centiverse has developed a patentable application for new online advertising.

    The Centiverse search engine is programmed from the very ground and offers an ‘intelligent’ semantic technology that has a logical understanding of the keywords, an algorithm which is not just matching keywords, but also understanding them qualitatively and an information fading function validating website content. Further Centiverse is an extremely environmental friendly search engine that uses only a very small fraction of the electricity used by the current market leader – without compromising search results. Lastly Centiverse will change the online ad market through a soon to be patented application – an application that will constitute the single greatest revenue contributor of the Centiverse project.

  • 11. Skylight Cleaner

    A group of students from SDU started developing this technology as part of a school project. However, they quickly realized that the potential of their technological innovation was larger than such as they were encouraged from both Venture Cup and advisors. Skylight Cleaner is now almost ready for market.

    The idea: SkylightCleaner is a solar powered cleaning device you mount on existing and new skylights, which cleans the skylights when it rains.

    The SkylightCleaner can be easily attached on both existing and new skylights, and after installation it is activated using a remote control from the inside of your house. The product requires rainwater to function and therefore includes a rain detector, which allows the cleaning program to start. When the product is activated it cleans the skylights in around 30 seconds, with no human effort. The product is powered by a solar battery with the capacity storing enough energy for 12 cleaning programs. Part of the technology behind the product is patentable.

  • 12. Venture Cup alumni 1Calendar receives prize

    Friday the 12th of june at an award ceremony at Copenhagen School of Entrepreneurship (CSE), 1Calandar was announced winners of the KHK scholarship, for their hard work and entrepreneurial talent.

    The people behind 1Calendar, Daniel Daugaard and Steffen Thilsted walked away with 25.000 DKK and recognition for their hard work to make 1Calandar the preferred online calander. 1Calandar was also among the top 10 finalists in this year’s Venture Cup with their idea of integrating and syncronizing all calendar into one – 1Calendar.

    Congratulations to 1Calendar!

  • 13. Venture Cup alumni wins Kauffman scholarships

    Today Erhvervs- og Byggestyrelsen are giving out 5 Kauffman scholarships for the most ambitious and talented entrepreneurs. Two guys that were in the Venture Cup final are two of the five recipients. Jannik Grodt Schmidt from EpiMethylOmics and Pranjul Shah from Immeasure have each been selected to receive the prestigious scholarship that will take them for a 6 months journey in the US, where they will be supported in the development of their respective projects.

    Congratulations and good luck to all recipients!

  • 14. Entrepreneurship bar on friday!

    We would like to invite you to a networking event for entrepreneurs on friday the 19th of June!

    We are hosting the networking event together with Iværksætteren, Morgendagens Heltinder and La Oficina. Come by La Oficina on Frederiksberg for beers and networking from 5pm and onwards.

    You don't need to sign up - just show up!

    Adress:
    La Oficina
    Suomisvej 4
    2000 Frederiksberg C

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