'Next Launch' Showcases Young Innovators

Posted: Updated:
The competition involved nine teams from Indiana and Illinois. The competition involved nine teams from Indiana and Illinois.
FISHERS -

Launch Fishers founder John Wechsler says this week's first "Next Launch" business idea competition is the first step of what he hopes will ultimately become a national program. High school students from Culver, Fishers and Illinois competed for more than $17,000 in prizes. The top prizes went to teams developing technology for artificial intelligence, joint pain therapy and using sound to extinguish fires.

The competition was organized by California-based Republic of Tea owner Ron Rubin, who also funded the prizes.

Wechsler calls the competition a natural extension of what Launch Fishers does. "Once you've built out the environment and the ecosystem for today's entrepreneurs, you naturally have to look forward to say, 'All right, who's next,'" says Wechsler. "The university ecosystem is very strong here, and one that we're happy to be engaged with. The next logical step is to engage high schoolers."

The top three entries at Wednesday's competition were:

1. Blabl, Ayan Agarwal - An artificially-intelligent mobile application that lets users practice expressing themselves and receive feedback about content, pronunciation and energy.

2. Heat2Heal, Sushil Upadhyayula, Pranav Upadhyayula - A wearable wrap that uses body head to generate electricity for a relieving massage therapy for people with severe joint pain.

3. Flameless, Nikhil Madugula, Sivam J. Bhatt - A fire prevention technology that uses low-frequency sound waves to extinguish fires.

Wechsler says the competition is a "natural extension" of what Launch Fishers does.
  • Perspectives

    • Are You Connecting With Your Customers?

      Picture a high-end jewelry store. Fine jewelry isn't purchased on any regular schedule, so the business doesn't always know when a customer wants to make a new purchase. Let's assume this company offers an incredible in-store experience. They send occasional emails and mailers about sales or special events. But customer outreach at an individual level is left to the sales folks.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Hiring Sign Out at Westfield's IMMI

      It all began in 1961, with four employees and two sewing machines in downtown Indianapolis. Today, Westfield-based safety products company IMMI does business around the globe and boasts a work force of more than 1,400.  And that number is about to get larger. "As we grow, we need talent, we need people to accomplish what we're trying to do," said Chief Executive Officer Larry Gray, during an interview on Inside INdiana Business Television.

    • Expansions Planned in Fort Wayne

      Several companies in Fort Wayne are looking to the Fort Wayne City Council for approval of tax abatement requests related to proposed expansions. Among them is a $7.5 million investment by Silverado Cook Properties LLC to nearly double the size of its 240,000 square-foot facility which houses nearly 500 Harris Corp. (NYSE: HRS) jobs.

    • West Fork Whiskey Heading Downtown

      Indianapolis-based West Fork Whiskey Co. has announced plans to move operations from the city's northwest side to downtown. Co-owner Blake Jones says the company is expected to open a new distillery and tasting room in September. 

    • DoubleTree GM Leaving Evansville

      The general manager of the recently-opened DoubleTree by Hilton convention hotel in Evansville has resigned. The Evansville Courier & Press reports Tracy Wiley, who came to Evansville in February 2016, is leaving the hotel for another position outside of the area.

    • MainSource Announces $1B Merger

      Greensburg-based MainSource Financial Group Inc. (Nasdaq: MSFG) is merging with Ohio-based First Financial Bancorp (Nasdaq: FFBC) in a $1 billion deal. The companies say the merger will create a $13 billion institution. The combined operation will move forward under the First Financial name and be headquartered in Cincinnati. The banks call the merger "an ideal strategic, financial and operational fit" that will create a...