Six Local Startups Steamroll into Semifinal Round of Minnesota Cup Business Pitch Competition

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Six Olmsted County teams will advance this year into the semifinal round of the Minnesota Cup. Minnesota Cup, now in its fifteenth season, is the largest state-wide business plan competition in the United States. This five-month long competition, run through the University of Minnesota’s Carlson School of Management, provides teams with mentorship, connections, and more. Teams also compete for a slice of seed prize money, totaling $500,000 this year. 

Ninety Minnesota-based teams remain in the competition, spread across nine different divisions. Semifinalists from Olmsted County include: Busy Baby LLC, HipStar LLC, Phenomix Sciences, Phraze, Amicii, and DiscoverMe.

 

Busy Baby LLC (General Division, Women-Led, Veteran-Led)

Busy Baby LLC, led by mompreneur Beth Fynbo, has developed a 100% silicone mat that suctions to smooth surfaces. The mat contains a proprietary tether system to attach toys to the mat so toys remain within baby’s reach and germ-free.

 

HipStar LLC (General Division)

HipStar has created a hands-free travel cart, which attaches to the hip, to increase mobility during travel.

 

Phenomix Sciences (Life Science/Health IT Division)

Phenomix Sciences, founded by Mayo Clinic physicians Dr. Andres Acostas and Dr. Michael Camilleri, aims to fight obesity. Phenomix Sciences has developed a blood test to categorize obesity patients into specific sub-types for improved targeting of therapeutics.

 

Phraze (Life Science/Health IT Division)

Co-founded by Mayo Clinic physician Dr. Brandon McCutcheon, Phraze has developed an AI medical scribe that reduces screen time between patients and physicians, increases the note taking capacity of physicians, and enhances clinical workflow.

 

Amicii (Youth Division)

Amicii, founded by John Marshall High School student Daniel Fleury, utilizes deep learning to deliver medical diagnostics for diseases such as pneumonia or skin cancer in under five seconds.

 

DiscoverMe (Youth Division, Minority-Led, Women-Led)

The DiscoverMe app was created by an all-female team of Mayo and Century High School students as part of Technovation[MN]. Technovation[MN] is the local chapter of the global Technovation challenge to empower teen girls to use coding to solve real problems they see in their everyday lives.

 

Congratulations to the six Olmsted County teams remaining in the competition! The semifinal round of Minnesota Cup will run into late August. Each division will narrow from ten semifinalists to three finalists to enter into the next stage of the competition this September. The Minnesota Cup will culminate in a final awards ceremony on October 14th in Minneapolis.