iDU Optics and OneThreeBiotech Take Home Prizes at 2016 Pitch Day Finals

By Thomas Galassi


After three months of lectures and three rounds of business plan pitches we are proud to announce the winners and runners-up of the 2016 BBI Pitch Day competition as:

  • iDu Optics – LabCam microscope adapter (First Place)
    • Members:
      • Du Cheng – Tri-I MD/PhD Program, Inventor of technology
      • Shaun Tao, Rockefeller University
      • Yin-Yin Wang, Sales Representative, Stemcell Technologies
      • Tania Silcott, Clinical Analyst, Code Blue Informatics
idu_optics_giant_check
Team iDu Optics with Nigel Liverton, Executive Director at WuXi AppTec
  • OneThree Biotech – A better approach to drug target convolution (Runner-up)
    • Members:
      • Neel Madhukar – Weill Cornell PhD Student, Inventor of Technology
      • Robert Fieldhouse – Post Doctoral Fellow, Mount Sinai
      • Suranjit Mukherjee – Weill Cornell PhD Student
      • Rafal Wiewiora – Tri-I PhD Student
onethreebiotech_giant_check
Team OneThreeBiotech with their prize provided by the Big Red Venture Fund

In what was without a doubt the strongest, most competitive BBI Pitch Day competition yet, these two teams stood above the rest and captured several coveted, and valuable, prizes. Each team presented a phenomenal seven minute business plan pitch and then aptly responded to the judges during the ensuing four minute question and answer session.  For their performances on Pitch Day the teams were rewarded with several, extremely valuable prizes from some of BBI’s most gracious sponsors:

  • WuXi AppTec generously provided a $1000 prize for the first place iDu Optics team. WuXi AppTec is a leading global pharmaceutical, biopharmaceutical, and medical device open-access capability and technology platform global operation that provides a broad an integrated portfolio of services throughout the R&D process.
  • The Big Red Venture Fund and its fund manager Kiel Iwanek, provided a $500 prize for the second place OneThreeBiotech team. The Big Red Venture Fund is an early-stage venture capital fund operated entirely by a team of MBA students at Cornell University’s Johnson Graduate School of Management that typically invests up to $250,000 in U.S.-based high-growth companies across all industries.
  • The Mid-Atlantic Bio Angels have presented iDu Optics with the opportunity to pitch at 1st Pitch Life Sciences, an event designed to encourage and educate aspiring life science entrepreneurs who know they may be too early to seek investment but want the opportunity to practice their pitch and to receive constructive criticism from experienced and knowledgeable professionals.
  • inDinero is graciously offering $500 in accounting services to both iDu Optics and OneThreeBiotech. inDinero is a software with service accounting company that acts as an outsourced controller for its clients that aims to free up its clients to focus on the more strategic imperatives of their business.

Thanks to the generosity of our sponsors, this year’s Pitch Day contestants will be well prepared should they decide to move their business plans forward and attempt to turn their technologies into incorporated start-up companies.

pitch-day-prizes-logo
BBI would like to thank their gracious sponsors for their generous support

Two Teams Take Home Valuable Prizes during BBI’s Elimination Round

By Thomas Galassi


On Tuesday November 15th, BBI held the Elimination Round of its annual business plan competition. Seventeen remaining teams presented their seven minute pitches and were then questioned by the judges for two additional minutes. During the elimination round two consulting prizes (each a $500 value) were awarded to two teams that competed in the Pitch Day Finals on December 13th:

  • iDU Optics was awarded the KevinBizGlobal Prize. The prize included a complementary 90 minute consulting session with Kevin FitzGerald, founder of the startup and leadership coaching firm KevinBizGlobal,  an online service connecting and mentoring entrepreneurs worldwide.
  • OneThreeBiotech was awarded the Blue Cactus Consulting Prize. This prize included a complementary two hour consulting session with Yaniv Sneor, co-founder of Mid-Atlantic Bio Angels1st Pitch Life Sciences, and Blue Cactus Consulting, a firm with expertise assisting physical and life science companies with business strategy and technology commercialization and monetization.
consulting-prize-post-image
Thank you to our gracious sponsors Blue Cactus Consulting and KevinBizGlobal

According to the winners these consulting prizes were “invaluable as [they] prepared for both the Pitch Day and any future entrepreneurial activities.” This was evidenced by the fact that both iDU Optics and OneThreeBiotech gave award winning pitches during the Final Round on December 13th. We would like to thank KevinBizGlobal and Blue Cactus Consulting for their generosity as their prizes had a big hand in raising the quality of BBI’s 4th annual Pitch Day Competition.