On April 10, 2019, the Skandalaris Center hosted final presentations for the first-ever Skandalaris Venture Competition (SVC).
The SVC replaces the SC Cup and is designed to bring more students from across the university into the entrepreneurship ecosystem.
Forty Washington University students entered the SVC and received expert mentorship and advice to support their launch efforts. The judges narrowed the field to ten finalists, resulting in three winning teams. The winners were recognized at the Center’s annual Skandy Awards event.
- SpectraServe took home the top prize of $10,000 cash and $1,000 in Lyft ride credits (Lyft was a sponsor of the competition). SpectraServe applies the power of hyperspectral imaging technology to improve tumor-margin assessment.
- The second place winner, Illumino, received $5,000. Their company is developing a flexible, low-profile lighting option that provides more illumination for the surgical field than current light sources. Cassie Davis (SI ’19) and her team have refined their venture concept through The Hatchery, SlingHealth and other Skandalaris events like IdeaBounce®.
- HUM Industrial Technology was the third-place winner, receiving $2,500. Founded by Byron Porter (GM ’20), HUM Industrial Technology deploys sensors in an industrial company’s rail yard to improve safety and efficiency of rail operations.