The University of Delaware’s startup funding competition, Hen Hatch, yesterday announced 12 semifinalists from its student track and 10 from its alumni, faculty and staff track.
This mix of new apps, tools and storefronts beat out more than 70 applications from all seven of UD’s colleges.The semifinalists are competing for $100,00 in cash and in-kind services.
“These 22 Hen Hatch semifinal teams encompass UD’s engaged and accomplished undergraduate students, graduate students, alumni, faculty and staff,” said Vince DiFelice, assistant professor and venture support lead with UD’s Horn Entrepreneurship. “They represent a diverse background of like-minded and impressive individuals and come from across the state of Delaware. Horn Entrepreneurship is more than happy to guide and advise these motivated entrepreneurs.”
The student teams will pitch their ideas at the Venture Development Center on Friday, March 16. The faculty, staff, alumni team will pitch on Friday, March 23. A panel of judges will decide which teams will move onto the final round on April 24.
RiKarbon INC: RiKarbon INC provides a cost-competitive environmentally acceptable biolubricant with better specifications for high-performance applications. This team includes Saikat Dutta and Basudeb Saha, both from the College of Arts and Sciences.