MAKO Partners with 2018 Queen’s Entrepreneurs’ Competition
This year, MAKO partnered with one of the longest-running and best-known business plan competitions in the world, the Queen’s Entrepreneurs’ Competition. This competition receives entries from innovators from around the globe who have big, new invention ideas that will change and innovate the world we live in. The winners will also walk away with over $75,000 in prizes!
From the numerous business plan submissions, the judges choose 15 teams to come to Toronto, Canada to pitch their new invention ideas to the panel of Canadian business leaders. The pitch weekend brings together some of the best minds from near and far who have new invention ideas that never fail to impress the judges.
So what’s in it for the winning team? Not only will they receive $75K in prizes but these prizes will help the entrepreneurs start their business and launch their innovative new invention ideas into reality. Not only do they get the financing they need, the competition itself brings together a group of talented young entrepreneurs under one roof to share ideas, build their networks and learn.
This year the competition took place in January and the winners were:
First place: Vena Medical
Vena Medical is creating a forward viewing imaging microcatheter that will provide medical professionals with real-time navigational perspective, making procedures faster, easier and safer. Canada is home to many brilliant, new invention ideas but this one was created especially close to home at the University of Waterloo.
Second place: Borealis Wind
Borealis Wind designed a wind turbine de-icing system that requires low maintenance and helps solve a problem that is affecting renewable energy.
Third place: HelpWear
HelpWear’s product, HeartWatch is a 24/7 wearable heart monitoring system that detects when the user suffers a heart attack and contacts emergency services.
The team that took home the Most Creative and Innovative Award was Reels on Wheels. Overall the competition brought together some amazing inventors and new invention ideas. MAKO was proud to support the winners with in-kind business strategy consulting, whereby finalists received advice from our experts on how to take their product to the next level.
Article Author: MAKO Design + Invent
MAKO Design + Invent is a full-service consumer product development firm servicing both high-growth corporate manufacturers and invention startups. With a 25-person team across 3 offices (Austin, England, Toronto), MAKO has complete in-house industrial design, mechanical engineering, and electrical engineering design and prototyping services. To assist our start-up inventor clients, we also have a subsidiary branch called Mako Invent that, in addition to above, helps start-ups with patenting, strategy, marketing, and sales/distribution for all consumer product categories. For our corporate clients, MAKO Design develops world-class consumer electronics designs through our industrial, mechanical, and electrical design teams.
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