Ventures founded by student entrepreneurs at the Yale School of Management took home all of the prizes at StartupYale at Yale SOM on April 21.
At the annual Yale-wide event, student ventures compete for a total of $100,000 in prize opportunities. All of the four teams awarded major prizes included a Yale SOM student, and all four were headed by women. Yale SOM students were also part of the four teams that won audience prizes.
After pitching their business ideas to a panel of experts, the following startups were awarded funding to catalyze their efforts:
- The $25,000 Sabin Sustainable Venture Prize for startups tackling environmental and sustainability challenges: Powerhouse, the brainchild of Katrina Barlow ’17, an energy technology that lets you reduce your carbon footprint and your utility bill.
Audience Prize: Kitchen Table, run by Nilofer Ahmed ’16 and Zoe Lloyd SOM/FES ’17, which markets healthy, frozen, plant-based meals that consumers can cook at home.
- The $25,000 Thorne Prize for Social Innovation in Health or Education: BridgeYear, run by Victoria Chen ’17 and Victoria Doan, delivers career exploration and support services that expose high school seniors to local, high-growth careers and empowers students to develop a purpose for community college enrollment.
Audience Prize: RXAll, a startup which solves the problem of drug counterfeiting by providing a machine learning spectrometer and digital procurement platform to pharmacies enabling them to buy and authenticate medicines for their patients. Team members include Anna Hwang YC ’19, Wei Liu GSAS ’17, Ankur Kapadia ’17, and Amy Kao ’17.
- The $25,000 Aetna Foundation Prize for Health Equity Innovation for a startup dedicated to reducing health disparities in the United States through Technology: MyHealthEd, which provides Real Talk, a mobile app that uses stories written by real teens to engage middle schoolers and teach them about sexual health topics. The team includes Elizabeth Chen, Vichi Jagannathan ’17, and Cristina Leos. MyHealthEd also received the audience award.
- The $25,000 Miller Prize for disruptive technology or technology-enabled services: Arix Technologies integrates robots with advanced data analytics to reinvent the way corrosion is detected and analyzed in manufacturing plants, potentially saving billions of dollars in costs while providing improvements in safety and sustainability. Team members are Bryan Duerfeldt YC ’17, Dianna Liu ’18, David Weber ’18, and Petter Wehlin YC ’17.
- Impact Investing Award: CharityVest, a fintech platform that streamlines the giving experience for donors and enables lower-cost fundraising for nonprofits. Team members are Jon Koon and Stephen Kump ’17.
About the Event
Startup Yale brings together Yale’s biggest entrepreneurship awards in one day of pitches, prizes and world-changing ideas.
- Sabin Sustainable Venture Prize presented by the Yale Center for Business and the Environment
- Thorne Prize for Social Innovation in Health or Education presented by InnovateHealth Yale
- Miller Prize presented by the Yale Entrepreneurial Institute
- Aetna Foundation Prize for Health Equity Innovation presented by InnovateHealth Yale
- Yale Venture Challenge presented by the Yale Entrepreneurial Society
More than $100,000 in prize money is being given to winners representing the most promising startups across the university.