Bob Dornich, Director of the TechCelerator, presents Scarlett Miller and Jason Moore, cofounders of Medulate, a check for $10,000. The startup was awarded the top prize out of seven startup pitches during the TechCelerator’s graduation ceremony hosted by Ben Franklin Technology Partners and Penn State Small Business Development Center on Dec. 6 at Innovation Park. Photo provided
Click photo for gallery
A local startup developing simulation technologies for medical education was awarded top prize from Ben Franklin Technology Partners as the TechCelerator@State College program graduated its newest class.
Seven technology startups pitched business ideas to a panel of judges and peers as they vied for a $10,000 top prize last week at Innovation Park.
The judges ultimately selected Medulate, which is creating a suite of startup simulators to increase efficiency and effectiveness of medical education, with products for all levels from nursing programs to surgical residency. Medulate was co-founded by Scarlett Miller and Jason Moore, both associate professors in Penn State’s College of Engineering. Miller is an expert in engineering design human factors product design and Moore is an expert in robotics and tissue modeling.
“We’re thrilled we were able to convince others to believe in our company as much as we do,” Miller said in a news release. “This money means a lot as we build our business and improve the educational experience for medical students. If you asked us three months ago that we would be in this position, we wouldn’t have believed you. Thank you to Ben Franklin and Invent Penn State for this incredible opportunity.”
The competing startups graduated from the fall TechCelerator@State College program, a pre-business accelerator. Through the program, experts from Ben Franklin Technology Partners and the Penn State Small Business Development Center help students through the steps of starting a business. The program is held twice a year in State College and three times in Altoona, Johnstown, Somerset, Erie, Lancaster, Indiana, Bedford, Huntingdon, Harrisburg, and Clearfield.
The other six startups from this fall included:
– Actinic, which developed a technology that decreases curing time for silicones and other thermoset polymers so they can be used in 3D printing processes.
– Go2Gro, which developed a delivery system platform to get orders picked up and delivered to a home or business in two hours or less.
– GreenBriq, which creates alternative, sustainable fuel sources from invasive plant species in locations where charcoal is scarce and expensive.
– Kijenzi, which developed 3D printing capabilities that allow manufacturers in sub-Saharan Africa to make replacement parts for medical equipment.
– Power Ink, which developed a method for harvesting collagen (BIO-ink) that can be 3D printed and someday used in surgical procedures.
– Propter Hoc Imaging, which created a high-powered, low-cost microscope for educational applications.
“The TechCelerator this semester has an exceptional group of ‘townies,’ undergrads, grad students, and professors,” TechCelerator Director Bob Dornich said. “Having a front row seat to see these new startups launch is really thrilling. On top of that, I get to work with some of the most inspiring economic development people I have ever met, including our leader, Steve Brawley. Invent Penn State is a world class organization and I feel very lucky to be part of it.”
TechCelerator@State College is a partnership among state, county and Penn State economic development groups that provides new entrepreneurs with space, loan and investment programs, business support and mentoring services, and entrepreneurial training in a single location at Innovation Park.
In its six years, the accelerator has graduated 92 teams that have gone on to start companies, raise more than $35 million in funding, hire 196 people and earn a combined $14 million in revenue.