UNBF STUDENTS SWEEP NEW BRUNSWICK VENTURE COMPETITION
The University of New Brunswick in Fredericton swept the New Brunswick Innovation Foundation (NBIF) Student Entrepreneurship Competition last month, taking first, second and third place in the university category.
MBA students Edgar Gallibois, Karen Freeman and Robert Morrow took home the $20,000 first prize for their company VerifyRx.
VerifyRx provides physicians and pharmacists with a real-time decision support solution that enables them to better determine the risk of abuse, allowing valid prescriptions to be processed, while quickly identifying and stopping fraudulent prescriptions and individuals engaged in doctor shopping.
Second place went to engineering students Wei Zhang, Tao Peng and Riu Zhou for their company Dynamic Restaurant Customer Management. They received $10,000.
The $5,000 third place prize went to engineering students Brent Crawford, Jonathan Gravel, Laura Paul and Travis Skinner for their company Extra Vision.
Recipients of the NBIF Student Entrepreneurship prizes were selected for the quality and financial consideration demonstrated in their business plans, innovation, and commercial viability, as well as for their potential business and leadership skills. The funds will allow recipients to build a foundation for development and growth.
NBIF focuses on stimulating innovation in New Brunswick in order to improve productivity and advance the knowledge based economy.
For a complete list of prize recipients, visit www.nbif.ca/news/2007SEPrecipients.html.