MAKO partners with world-renowned undergrad business plan competition

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!

Participants pitch their new invention ideas to the QEC audience.

An audience looks on the Queens Entrepreneurs’ Competition participants pitching their business.

The process

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.

Prizing

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.

The grand prize for the participants pitching their new business ideas.

The grand prize at the QEC.

The winners

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.

This new invention idea is taking the medical world by storm.

The HelpWear team pitching to the judges of the Queens Entrepreneurs’ Competition.

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.

About Us: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to small businesses, startups, and inventors. Simply put, we are the leading one-stop-shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent referral, prototyping, and manufacturing services. To assist our startup and inventor clients, in addition to above, we help with business strategy, product strategy, marketing, and sales/distribution for all consumer product categories. Also, our founder Kevin Mako hosts The Product Startup Podcast, the industry’s leading hardware podcast. Check it out for tips, interviews, and best practices for hardware startups, inventors, and product developers. Feel free to Contact Us anytime for help with your project.

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