Friday, September 23, 2011

3 Rivers Venture Fair Technology Showcase- Dr. Sanna Gaspard wins the grand prize for her company, Rubitection, Inc.

In a competition reminiscent of "American Idol," the 3 Rivers Venture Fair gave 14 would-be entrepreneurs the chance to pitch their products and companies in front of a panel of three well-known entrepreneurs at PNC Park.

Simon Cowell, Randy Jackson, and Steven Tyler weren't anywhere to be found. But fair's organizers had something better: The advice of Richard Lunak, president and CEO of Innovation Works ; Glen Meakem, co-founder and managing director of Meakem Becker Venture Capital and Ned Renzi, partner of Birchmere Ventures.  

Dr. Sanna Gaspard of Carnegie Mellon University presented her company, Rubitection Inc.'s, patent-pending product, the Rubitect, a low-cost way to detect pressure ulcers, otherwise known as bed sores, that affect up to 2.5 million people annually. Gaspard won the $2,500 grand prize for her presentation.

Article courtesy of Pittsburgh Business Times