Ten teams involving UW BioE students were among 22 teams to compete in 2018’s Holloman Health Innovation Challenge (HIC), held March 1st. Of these, two, A-Alpha Bio and OLA Simple, received the first and second place prizes, and $25,000 of startup funding. Learn more about the competition at the UW Foster School Blog and a recent Geekwire article.
The HIC, held by the UW Foster School of Business Buerk Center for Entrepreneurship, serves to recognize student entrepreneurs who seek to address important issues in health care, and give them the chance to win seed funding to advance their ideas to the next stage. It also provides students with the opportunity to network and collaborate, and to build entrepreneurial skills.
It is modeled after the Buerk Center’s two other innovation competitions, the Alaska Airlines Environmental Innovation Challenge and its signature event, the UW Business Plan Competition. The Buerk Center founded the HIC in 2016 after realizing that a critical mass of health care and biotechnology teams were entering the Business Plan Competition. In the first HIC, two teams from BioE took home the second and third place prizes, and in 2017 one BioE team won second place.