ResQdevices, Milaana & Propeller Aero selected for Challenge Cup 2015 Global Competition
Startup incubators 1776 and ATP Innovations announced the Sydney regional Challenge Cup’s four winners – representing the most innovative local startups tackling intractable challenges in the areas of education, energy, health and cities, and underscoring Sydney’s global position as a leading hub of innovation.
The four winners from Sydney will go on to compete against startups from around the world in Washington, D.C. in May, at the Challenge Festival.
Two of the winners, ResQdevices and Propeller Aero are part of the ATP Innovations company portfolio and the third winner, Milaana, is under mentorship with ATP Innovations. ATP Innovations is the 2014 NBIA Incubator of the Year. Awarded by the National Business Incubation Association (NBIA), the peak global body for business incubation and entrepreneurship with over 2200 members in more than 60 countries.
The four Sydney winners are:
Health: ResQdevices – ResQdevices created the ParaCart, a compact combination of a stretcher and “stair chair,” and the LineSaver, body armour for your IV cannulas for use by paramedics.
Cities: Propeller Aero – Cloud tech that will connect companies to the potential of drone technology by working with construction and surveying firms; helping industrial companies planning dangerous inspections; exploring 3D gas mapping with experimental sensing teams and plant science with major agriculture suppliers to help them access a new wave of cheaper, autonomously collected and better quality data.
Education: Milaana – connects university students with project-based internships and opportunities from local organizations that increase both job preparedness and community engagement.
Energy: WattBlock – Wattblock gives owners corporations and body corporates an energy saving roadmap by using details about your block to make calculations about your common area energy consumption. After entering your details, Wattblock does the analysis for you, providing a simple report to assist you in driving down your strata levies.
“Sydney is a growing community of innovators who are disrupting some of the world’s most stagnant and entrenched industries,” said Donna Harris, co-founder of 1776. “We are excited about the path-breaking ideas presented tonight and are honoured to partner with ATP Innovations to help these talented and driven startups connect to the mentorship and resources that will help them achieve success.”
The Sydney event was the fourth stop for 1776’s annual Challenge Cup, a global competition identifying startups helping to solve some of the world’s biggest challenges. From here, Challenge Cup competitions will take place in 12 other cities around the world, spanning 11 countries.
The winners will go on to compete in The Challenge Festival, which will feature the top 64 startups from the 16 regional sites (four startups from each of the regional competitions) competing for $650,000 in prizes as well as the opportunity to connect with mentors, corporate partners, policymakers, and potential investors.