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Glasram Technologies is the winner of the 2011 Coastal Bend Business Plan Competition, officials announced today during the Del Mar College Small Business Development Center’s annual awards luncheon at the Congressman Solomon P. Ortiz International Center. Glasram becomes eligible to enter for the major competitions such as the Rice Business Plan Competition or the University of Texas’ Venture Labs Investment Competition.
Glasram, a team comprised of five members, won about $22,000 in in-kind services designed to jumpstart the business. Its project was a cold-plasma technology that would sterilize 99 percent of the bacteria possibly contained in mail and shipping parcels through companies such as the U.S. Postal Service, FedEx, UPS and DHL. “This success will make it possible to bring innovative research to life and form a real company ultimately aimed at serving the public,” said Dr. Magesh Thiyagarajan, Glasram's founder and chief technology adviser. "We have gained tremendous knowledge and experience through this competition process and are very thankful to the organizers for their great support."
InnerGeo LLC was the competition’s runner-up with a process that could use the earth’s natural heat to produce energy without leaving a carbon footprint.
The winner and runner-up were chosen by 10 local celebrity judges: Ralph Coker, SCORE Counselors to America’s Small Business; Gloria Hicks, Ed Hicks Imports; Mel Klein, Melvyn Klein Interests.; Leon Loeb, Landlord Resources; Stephan Nix, Texas A&M University-Kingsville Frank H. Dotterweich College of Engineering; Richard Pittman, Bath Engineering; James Poage, Startech, a Venture Capital Group; Wade Smith, AEP Texas; Alan Stoner, Venture Capital Partners; and Liza Wisner, Texas Techies/NBC’s The Apprentice 2010.
More information about this project.
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