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updated: 11/23/2004 3:53:55 PM
Fort Wayne Company Wins Business Plan Competition
BioAfix, LLC, won the top prize of $25,000 in the Opportunity for Indiana Business Plan Competition final which was held at IPFW on Monday, Nov. 22. Second place and $15,000 went to Zoom Information Systems, also of Fort Wayne, while Warsaw-based Zieben Engineering Systems, Inc. took the third place prize of $10,000.
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According to its submitted plan, BioAfix is a "*wholly owned subsidiary of Schwartz Biomedical, LLC, a tissue engineering research and development firm that creates and develops technologies for license and sale to the major worldwide orthopaedic manufacturers." The company proposes to manufacture a medical device that will aid in the healing of cartilage tissue in the knee.
Zoom Information Systems had developed a new technology to "*enable the collection, storage, and sharing of real-time transportation information," such as driver information, traffic management, road conditions and repair, fleet management, and many other applications.
Zieben Engineering Systems, Inc. is a startup operation that was developed to "*provide superior design engineering and prototype fabrication services to the medical device industry."
The Opportunity for Indiana Business Plan Competition is funded by the Lily Endowment. For more information call 260-481-5750.
Source: Indiana University-Purdue University Fort Wayne
