crane ip pitch defense innovation competition Archives

Tourniquet Technology Takes Top Spot at 2023 Crane IP Defense Innovation Pitch Competition

Posted on July 3, 2023July 3, 2023 by Radius Indiana

BEDFORD, Ind. (July 3, 2023) — A Bloomington-based company, MSP Manufacturing, won first place in the fourth-annual Crane IP Defense Innovation Pitch Competition on Tuesday, June 27.

Radius Indiana sponsored the virtual competition in coordination with Elevate Ventures, Naval Surface Warfare Center-Crane Division (NSWC Crane), the Indiana Small Business Development Center (ISBDC), and The Mill. Judges included southwestern Indiana defense and economic development leaders who had previous experience with pitch competitions and knowledge of NSWC Crane.

The top three contestants shared cash prizes totaling $12,000.

Junctional Tourniquet ($6,000 prize): MSP Manufacturing, led by Johnny Goode, looks to simplify the current tourniquet market and aims to decrease the number of preventable deaths caused by blood loss. Goode’s plan involves creating smaller, more compact tourniquets that can more easily be carried and used in an emergency for civilian or law enforcement use.
EdgeDeploy™: ($4,000 prize): C3I Tech, LLC, led by David Charlot, offers collaborative directed energy enabling autonomous drones to become acoustic hailing devices in support of DoD/industrial/maritime security and surveillance. This non-lethal defense focused product helps rapidly determine the intent of an adversary (or non-adversary) using collective intelligence (ML).
Hummingbird ($2,000 prize): OneO[Q], presented by Dr. Hossein Alisafaee, is creating a drone system for churches, schools, malls, and similar environments to be the first defense against threats until authorities arrive on the scene.

“I was very interested in the technology for my product the second I read about it. The Mill and NSWC Crane Tech Transfer officer were extremely helpful as I prepared for the competition,” said Goode. “Our goal is to provide valuable technology to our warfighter, law enforcement personnel, and fire responders. I am personally excited about introducing new technology to former teammates and friends of mine.”

Radius Indiana created the royalty-free IP pitch competition as an opportunity for interested businesses, start-ups and entrepreneurs to take advantage of NSWC Crane’s Rapid Response Licensing Program, which launched in Spring 2020 in response to COVID-19. The competition offered royalty-free access for those who seek to commercialize patented technologies and concepts developed at NSWC Crane.

“I greatly enjoyed listening to the pitches of each of the entrepreneurial teams, and I look forward to seeing the progress they will make as they continue to develop the technology. It is always exciting to see technologies available from Crane transition to industry,” said Amanda McCullough, acting intellectual property portfolio manager for NSWC Crane.

This event was the sixth pitch competition hosted by Radius since 2019. These competitions have included pitch opportunities for high school students, adults, startups and established businesses or products and ideas.

“We are so grateful for the opportunity each year to host this competition and on behalf of Radius we would like to congratulate this year’s winners,” said Blaine Parker, director of entrepreneurship and small business support for Radius Indiana. “Radius is dedicated to the defense ecosystem in southern Indiana and we look forward to seeing what’s next for our pitchers and NSWC Crane.”

To view NSWC Crane’s entire IP portfolio, please visit www.techlinkcenter.org.

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About Radius Indiana: Radius Indiana is a regional economic development partnership representing eight counties in Southern Indiana: Crawford, Daviess, Dubois, Greene, Lawrence, Martin, Orange and Washington. Formed in 2009, Radius Indiana also serves as a point of contact in Indiana for Naval Support Activity Crane and leads regional collaboration by leveraging the diverse assets of Southwest Central Indiana to drive attraction, retention and expansion of business, thereby increasing employment and investment opportunities and quality of life within the region.

About NSWC Crane: NSWC Crane is a naval laboratory and a field activity of Naval Sea Systems Command (NAVSEA) with mission areas in Expeditionary Warfare, Strategic Missions and Electronic Warfare. The warfare center is responsible for multi-domain, multi- spectral, full life cycle support of technologies and systems enhancing capability to today’s Warfighter.

About Elevate Ventures: Elevate Ventures is a private venture development organization that nurtures and develops emerging and existing high-growth businesses into high-performing, Indiana-based companies. Elevate Ventures accomplishes this by providing access to capital, rigorous business analysis and robust advisory services that connect companies with the right mix of resources businesses need to succeed long term. To learn more about Elevate Ventures, visit elevateventures.com.

About Indiana Small Business Development Center: The Indiana SBDC creates a positive and measurable impact on the formation, growth, and sustainability of Indiana’s small businesses by providing entrepreneurs expert guidance and a comprehensive network of resources. To learn more about you can access free resources through the ISBDC network, visit us at www.isbdc.org.

About The Mill: The Mill’s mission is to spark Bloomington’s innovation economy by launching and accelerating startups, and its vision is to become Indiana’s center of gravity for entrepreneurship. For more information about The Mill, visit https://dimensionmill.org/.

Registration now open for fourth annual Crane IP Defense Innovation Pitch Competition

Posted on April 28, 2023May 3, 2023 by Radius Indiana

BEDFORD, Ind. (April 28, 2023) – Royalty-free opportunities to commercialize patented technologies are now available to entrepreneurs, inventors, and start-ups who can pitch innovative proposals to commercialize the technologies this Summer. Southcentral Indiana defense and economic development industry leaders will host the opportunity on June 27 at the fourth annual Radius Indiana “Crane IP Defense Innovation Pitch Competition” with royalty-free IP.

The competition offers cash prizes and unprecedented, royalty-free opportunities to commercialize the patented technologies and concepts developed by the PhDs, engineers, and staff at Naval Surface Warfare Center-Crane Division, Indiana’s only federal research laboratory. Individuals or teams are invited to develop an innovative proposal using any piece of intellectual property available from NSWC Crane’s Technology Transfer Program.

“We are very excited about the opportunity to partner with Radius Indiana for the fourth Crane IP Defense Innovation Pitch Competition. Our hope is to continue to connect the entrepreneurial-minded with NSWC Crane’s world-class IP,” said Maria Duran, technology transfer director for NSWC Crane. “Each year, as a result, participants have gone on to establish formal collaborative relationships with NSWC Crane and/or license IP to commercialize technology from our portfolio.”

The competition is hosted by Radius Indiana, in partnership with Elevate Ventures, Naval Surface Warfare Center-Crane Division, Bloomington-based Dimension Mill, and the Indiana Small Business Development Center. Entrepreneurs will have the opportunity to connect with industry leaders from these organizations, and cash prizes totaling $12,000 will be available to the top three contestants. Additional prize funds and assistance will be available for competitors who currently have or agree to establish locations in the Radius region of southern Indiana.

“Radius Indiana is looking forward to the fourth annual Crane IP Pitch Competition and we are excited to see entrepreneurs pitch their ideas for using this amazing technology coming out of NSWC Crane,” said Blaine Parker, director of entrepreneurship and small business support for Radius Indiana. “The winners from past years have gone on to do great things with their new relationship with Crane.”

The pitch competition is being held in partnership with PROPELS Accelerator, a Dimension Mill program offering instruction on commercializing cutting-edge technology developed at NSWC Crane. The program takes place during a one-week boot camp. It focuses on developing a business and/or product idea with follow-on support over the following six weeks from experts in defense and entrepreneurship. Registrants participate in a demo night at the end of June and are then encouraged to pitch their idea at the Radius Indiana Crane IP Pitch Competition

“The Mill couldn’t be happier to once again support the Radius/Crane IP Pitch Competition as a sponsor with a commitment to expanding our entrepreneurial ecosystem. We’re currently helping folks in our PROPELS Accelerator develop commercialization plans around Crane IP, and the Radius competition is their best next step. This event really unleashes the potential of cross-sector collaboration and innovation around top-notch IP,” said Andy Lehman, head of accelerator programming at the Mill.

The competition is free for participants. Entrants will receive a template to create a slide presentation for the competition.

The registration deadline is June 16. Visit www.radiusindiana.com to learn more and register for the competition.

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Entrepreneurs and start-ups invited to participate in southern Indiana pitch competition

Posted on June 10, 2022 by Radius Indiana

By: Matt Craig, Director of Crane Community Support for Radius Indiana

Pitch competitions serve as an opportunity for entrepreneurs and start-ups to showcase their business idea in hopes of winning funding for their presentation. Organizations in our region have come together to offer a competition that will help spur innovation and business growth.

This month, Radius Indiana, in coordination with Elevate Ventures, the Indiana Small Business Development Center, Indiana Innovation Institute, the Mill, and Naval Surface Warfare Center, Crane Division, will host its third annual virtual pitch competition for entrepreneurs, inventors and start-ups focused on patented technologies and intellectual property (IP) developed at Crane – and the best news – it is royalty-free and no cost to enter.

Radius Indiana created the “Crane IP Defense Innovation Pitch Competition” after learning of NSWC Crane’s Rapid Response Licensing Program, which launched in spring 2020 in response to COVID-19. The Technology Transfer (T2) Program at NSWC Crane opened its portfolio of 300+ patented technologies to entrepreneurs to help rapidly transition federal research and development into the commercial sector and to help stimulate the economy – this is an unprecedented opportunity!

Engineers and scientists at NSWC Crane, Indiana’s only federal research laboratory, continually create technical solutions to solve problems faced by the men and women protecting our nation, but many of these also can apply to the commercial needs of the public sector. The Crane IP Defense Innovation Pitch Competition provides a venue to develop a practical application of technology to create a new commercial product, or launch a new business that can grow here in our region.

Entrepreneurs will have the opportunity to connect with industry leaders from the partner organizations, and cash prizes totaling $12,000 will be available to the top three contestants. Additional prize funds will be available for competitors with locations in the Radius region of southern Indiana.

The pitch competition is being held in conjunction with PROPELS Accelerator, a Mill program offering instruction on how to commercialize cutting-edge technology developed at NSWC Crane. The six-week program focuses on a full business development plan with support from experts in defense and entrepreneurship. Registrants will participate in a demonstration at the end of the session and are then encouraged to pitch their idea at the Radius Indiana pitch competition.

Radius Indiana encourages you to take advantage of this free opportunity to showcase the talent and bright ideas waiting to be discovered right here in southern Indiana. The deadline for registration to participate is June 17, and the pitch competition will be held in a virtual format on June 28. Visit www.radiusindiana.com to register.

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