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Business North - The Daily Briefing - Business Newspaper Online
GeaCom wins Minnesota Cup high tech division
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9/2/2010 |
The sixth Annual Minnesota Cup, a statewide competition that seeks out aspiring entrepreneurs with breakthrough business ideas, announced competition winners today.
The business award winners fell into six categories: high-tech, bioscience, clean technology and renewable energy, general, social and student.
Duluth-based GeaCom was awarded top honors in the high tech category for its multi-lingual medical communication system, Phraser. GeaCom was the only outstate Minnesota company to win in any category.
More than $130,000 in prizes will be awarded to Minnesota Cup winners, as well as consulting services from leaders in finance, accounting, legal and management support services. Each division finalist – with the exception of the student category – will be awarded $20,000 in seed capital. The grand prize winner,which will be announced Sept. 13, will be awarded an additional $20,000 and receive the Minnesota Cup, presented by David and Carolyn Cleveland and sponsored by the University of Minnesota.
2010 Minnesota Cup division winners:
High Tech: GeaCom (Duluth) – developing a multilingual medical communication system.
BioSciences: BioMatRx (Twin Cities) – provides tissue engineering products, equipment and information to the dental industry.
Clean Tech & Renewable Energy: EarthClean (Twin Cities) – commercializing an environmentally safe liquid that is exponentially more effective than water, Class-A Foams, and toxic retardants at stopping fires.
General: Go Home Gorgeous (Twin Cities) – provides postpartum recovery treatments that have proven effective in decreasing the physical and emotional stress commonly associated with childbirth.
Social: Springboard for the Arts (Twin Cities) – connects artists with the skills, contacts, information, and services they need to make a living and a life.
Student: Blue Water Ponds (Twin Cities) – provides environmentally-friendly services for restoring ponds through the use of barley straw and pond weed harvesting in an effort to control aquatic plants in the long term.
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