November 21, 2014
Last night, the Washington, D.C.-based startup incubator and seed fund 1776 teamed up with New York University’s Polytechnic School of Engineering to host the 1776 Challenge Cup 2015 New York regional competition. After hearing pitches from 38 startups in the fields of education, energy, health, and cities, the panel of judges narrowed it down to four winning startups in each of the categories.
Last night’s competition was held at 404 NYC in Hell’s Kitchen, where a packed room of investors, fellow entrepreneurs, and members of the NYC tech community learned about some of the innovative things startups are doing in NYC. According to 1776 cofounder Evan Burfield, the startups that pitched at last night’s competition were selected from the more than 100 startups that applied to compete in the Challenge Cup New York regional competition.
Each startup at last night’s event got the opportunity to provide an initial one-minute pitch to the judges. The batch of startups was then narrowed down for the second round of the competition where each startup got an additional five minutes to further explain their companies and the solutions they’re offering. Despite the many great innovations coming from the NYC startups, though, ultimately only four winning startups made it through to the next stage of the the Challenge Cup competition.
Here are the four winning startups in each of the catgories of health, education, energy, and cities at the Challenge Cup 2015 New York regional competition:
- Cognotion: Cognotion identifies talent, delivers functional utilization of knowledge, and decreases employee churn rate using gaming and video tools designed for entry-level millennials. Its platforms uses emotion and context to teach hard and soft skills to entry level employees.
- Sealed: Sealed partners with trusted, certified contractors to install and maintain energy-saving home improvements to guarantee that residents will save money after making energy-saving home improvements.
- OpenBeds: OpenBeds facilitates transferring patients between hospitals to get them the specialty care they need.
- Bandwagon: Bandwagon makes it easy for people to share rides in taxis and car services with a platform for on-demand transportation that is affordable and sustainable.
These four startups have advanced to the next stage of the Challenge Cup. In May of next year, they will join the 60 other finalist startups from across the world in 1776 Challenge Festival, where they will compete for $650,000 in prizes and connect with influential mentors, corporate partners, policymakers, and potential investors in Washington, D.C.
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