$100,000 Awarded to High-Performing Texas Tech Startups
Recipients of the Presidents’ Innovation Award are determined by the presidents of
Texas Tech University and the Texas Tech University Health Sciences Center.
Texas Tech University has partnered with Market Lubbock Inc. to establish the Presidents’
Innovation Award, an effort supporting entrepreneurs through seed-stage funding and
seed grants for startups at the Innovation Hub at Research Park.
This program is designed to give early-stage startups space and critical access to equipment to become revenue-generating companies. The Presidents’ Innovation Award creates new technology jobs and increases the tax base with innovative companies in West Texas.
A committee reviews all the applications to narrow the field, identifying candidates that exemplify innovation and commercialization. Final decisions for the prestigious awards are made by the presidents of Texas Tech University and the Texas Tech University Health Sciences Center (TTUHSC).
TTUHSC President’s Awards
VxMED: A company that transforms medical education by creating virtual-reality training experiences for medical students.
CEO Founders – Anthony Betteridge and Nathan Lloyd
$25,000 awarded
Performance Fasteners, LLC: A company that manufactures and markets styling accessories and custom one-off parts for the discriminating automotive, motorcycle and motorsports enthusiast.
CEO Founder – Toby Brooks
$15,000 awarded
PCOS Diet: A company that developed a novel dietary approach to managing polycystic ovarian syndrome (PCOS) that has resulted in successful weight loss and improved metabolic parameters with no caloric restriction, carb counting, fat counting, portion limitation or exercise.
CEO Founder – Dr. Jennifer Phy
Awarded $5,000 plus an additional $5,000 to develop app
Texas Tech University President’s Awards
NemaLife: A company that developed a platform technology for high throughput drug discovery and toxicology in small animals.
CEO Founder – Siva Vanapalli
$25,000 awarded
BaoNano: A company that will significantly downscale the power circuit profile and enhance the lifetime and functionality of electronic devices.
CEO Founder – Zhaoyang Fan
$15,000 awarded
iNoon: A company with a novel diagnostics method of detecting eye diseases using a smartphone.
CEO Founder – Jo Woon Chong
$10,000 awarded
Find Texas Tech news, experts and story ideas at Texas Tech Today Media Resources or follow us on Twitter.
Related Stories
How Does Your Garden Grow?
As spring approaches, some people’s thoughts turn to gardening. Whether it’s a flower garden they desire or a vegetable garden want to have, they begin planning what they’ll plant and what they need to do to ensure a successful garden.
Adopt a Growth Mindset for a Better Life
A “growth mindset” accepts that our intelligence and talents can develop over time, and a person with that mindset understands that intelligence and talents can improve through effort and learning.
Drug Use, Family History Can Lead to Heart Disease in Younger Adults
Abstaining from drug abuse and an early diagnosis of familial hypercholesterolemia (high cholesterol) can help prevent heart disease.
Recent Stories
The TTUHSC Laura W. Bush Institute for Women’s Health Welcomes Ben Carson as Power of the Purse Keynote Speaker
Retired neurosurgeon and former U.S. Secretary of Housing and Urban Development Ben Carson, M.D., delivered a keynote address at the Power of the Purse luncheon and fundraiser today (April 18).
Filling the Gap: PA Impact on Rural Health Care
Assistant Professor and Director of Clinical Education Elesea Villegas, MPAS, PA-C, spoke about the challenges rural health care currently faces and how PAs are stepping up to better serve the rural patient population.
School of Pharmacy Remembers Contributions of Key Collaborator
Cynthia Nash, Pharm.D., served as an Adjunct Assistant Professor of Pharmacy Practice for the School, and was an instrumental collaborator and key ally in our partnership with the Dallas VA North Texas Health Care System.