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16 teams advance to finals in FAU Business Plan Competition

Florida Atlantic University’s 2013 Business Plan Competition’s final round will take place April 10 through April 12 at the College of Business.  More than 225 teams registered for the competition, with 16 teams advancing to the final round events. The participants will compete for a share of more than $215,000 in cash and prizes, FAU said.

The final eight teams competing in the FAU Student Track are:

Reverb Music Supply: Joshua Young, Kevin Wright. An online retailer of pre-owned high quality musical instruments and related accessories.

 Shop-on-the-Go.com: Pankaj Devgun. Takes the concept of online shopping to a new level by empowering the shopper to set a ‘Limit Order’ on a product and let the website do all the work of searching and purchasing it for them.

 Stadson Technology: Mathew Hudson, Andrew Stadtlander, Haley Grosky, James Gan, Ashley Elder. A software solutions company, HelpN is an emergency application that bridges the gap between the user and the emergency service they need.

Beauty and the Bump: Steven Bonzu, Stephanie Cooper, Stefanie Fox, Jason Reece. Rents maternity wear to the fashionable, career-driven pregnant woman.

The Ultimate Towel: Kevin Medina, Lori Ladisa. The Ultimate Towel solution has features such
as a zippered compartment, weights, and an inflatable pillow.

Forevermore: Mike Zito.  A legacy management software solution providing a secured website portal as a “living” memorial.

 Mobil Monitor: Todd Edge, Robin Catalano. A website and mobile app solution designed for users and medical professionals to document and track medical test results.

Ocean Motion Energy: Kisa Louck, Emy Louck. Developed a patent pending technology, SeaBreeze™,
which is capable of generating energy from the ocean’s currents and offshore wind.

The final eight teams competing in the Entrepreneur Track are:

Frozen Guru LLC: Zach Halpern, Jeremy Cohen, Jayme Kerrigan. A frozen food manufacturer focused on providing a healthy alternative.

Champions Youth Fitness: Paul Bosley, Saeb Jannoun, Keith R. Albright, Scott Steers, Richard Bambino.  A solution to the youth obesity crisis.

 REHYDRADE LLC: Zachary Gottfried, Scott Covitz. A sports drink that tastes great without the unnecessary sugar, calories, fat or caffeine contained in other sports drinks.

 Arctico Holdings: Nestor Villalobos, Peter Swanson. Pioneering the untapped market of purified ice in single-serving, tamper-proof packaging.

LYVLY:  Michael Hancock, Flavio Sonis. A social media application revolutionizing video usage.

TeemPlay: Becket Linn, Willis Kennedy, Steven Wright & Vincent Tam. Provides players with an online forum to create and share their 3D works.

AspirEDU Inc.: Kimberley Munzo, Don VanDemark, Kevin Kopas, Christopher Munzo. Provides a dashboard to allow school administrators to identify students most at risk for dropping out of online classes with the goal to improve retention rates.

Cuddlecloth/Palm Beach Pampered LLC: Mary Purcaro. Developed, patented, manufactured and markets Cuddlecloth®, Cuddlepet® and soon Cuddletote™  for improving bath safety for infants,
children & pets.

The top three finalists of each track will win cash and prizes to successfully launch their idea.

Festivities commence with the Greater Boca Raton Chamber of Commerce’s Young Entrepreneurs Academy Investor Panel on April 10. The panel features youth entrants in grades seven to 12 who will pitch to investors for seed funding. An elevator pitch event is scheduled for April 11, where guests have the opportunity to cast their vote for the People’s Choice winner, sponsored by Office Depot.  Business plan presentations from the FAU student and entrepreneur tracks are scheduled for April 12. Competition finalists will present to final round judges, comprised of venture capital principals, angel investors, serial entrepreneurs and business leaders. The three-day event culminates with keynote speaker Bernie Marcus, chairman of the Marcus Foundation and co-founder of The Home Depot.