4/27/2014 8:02:23 AM
The Business Review: Team from Albany nanocollege wins $100,000 top prize in New York Business Plan Competition
The Business Review
A team from the College of Nanoscale Science and Engineering in Albany, New York won $100,000 in the statewide student business plan competition for a technology that allows for more effective drug screening to prevent glaucoma.
Glauconix took the top prize at the final round of the New York State Business Plan Competition on Friday. Albany nanocollege Ph.D. student Karen Torrejon began to develop the technology four years ago after a doctor she worked with expressed frustration at the current methods of drug screening for glaucoma and wondered if there was a better model.
"It was almost like a joke and then we said, 'what can we do about it?'" Torrejon said.
Over the past five months, she's recruited CNSE students Rajan Kumar, Feryan Ahmed and Colby Creedon to help develop the business. Now, the team is looking to create a larger prototype.