Tag: elevate ventures

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

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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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/.

Kupros awarded first place in Crane IP Defense Innovation Pitch Competition

BEDFORD, Ind. (July 1, 2022) — A Loogootee-based start-up, Kupros, won first place in the third-annual Crane IP Defense Innovation Pitch Competition on Tuesday, June 28.   

Radius Indiana sponsored the virtual competition in coordination with Elevate Ventures, Naval Surface Warfare Center-Crane Division (NSWC Crane), Indiana Innovation Institute (IN3), the Indiana Small Business Development Center (ISBDC), and The Mill. Judges included southwestern Indiana defense and business leaders who had previous experience with pitch competitions and knowledge of NSWC Crane. 

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

  1. Kupros: ($6,000 prize): Kupros manufactures an all-metal copper filament that revolutionizes the 3D printed antenna and electronics market and is led by Ian Ramsdell. This unique filament is 80 times more conductive than anything currently available and can be used successfully with low-cost, commercial-grade FFF/FDM printers, offering a more cost-effective, versatile, and efficient printing process than any other existing solution. 
  2. Blazing Audio ($4,000 prize): Blazing Audio, a deep tech consumer company pioneering a new style of immersive sensory interaction for real-world and virtual applications, is led by David Charlot. The company pitched building Hardware as a service (HaaS) Extended Reality (XR) solutions to provide responsive and interactive remote virtual training to billions around the world currently without access.
  3. HG ASEAN Invest ($2,000 prize): HG ASEAN Invest, led by Hubert Goodman, offers an automated data preprocessing tool that can create value from raw data to enhance an organization’s capability with modern data. Goodman’s Information Consulting will help organizations turn data into information that generates a return on investments. 

“The Crane IP Defense Innovation Pitch start-up competition was a well structured and challenging event with a high caliber field of start-up businesses,” said Ramsdell. “Kupros Inc is honored to have been selected as the winning entry and we thank the competition organizers Radius Indiana for this award.”

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. 

“NSWC CRANE is a rock star location for new innovation. Radius Indiana helps amplify this by fostering a startup-friendly environment,” said Charlot. “I found the judges’ questions and advice for Blazing Audio to have commercial success insightful and will use the wisdom shared to navigate the fun journey ahead. I really appreciate the opportunity to participate in the wonderful forum Radius Indiana has created to showcase startups bringing Crane IP to the commercial marketplace.”

This event was the fifth 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. 

“Participating in the NSWC Crane ecosystem through the Mill and sharing how our business will leverage the IP tech with Radius was a great experience and I’m grateful for the opportunity,” said Goodman. 

Radius plans to host additional pitch competitions in 2022. More information will be announced in the coming months.

“Congratulations to all the winners and thank you to everyone who participated in this year’s pitch competition,” said Blaine Parker, director of entrepreneurship and small business support for Radius Indiana. “We are looking forward to seeing great things happen with the businesses that pitched for us, and Radius is here to help facilitate growing relationships with 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.

About Indiana Innovation Institute: IN3 (Indiana Innovation Institute) works with academia, industry, and government to create a hub of national security innovation that helps solve critical defense priorities. IN3 connects regional, state and national partners through a variety of means including convening research and business teams to solve emerging technical challenges for the U.S. Department of Defense. IN3 is focused on hypersonics, cyber-physical systems, trusted microelectronics and artificial intelligence. Learn more at www.in3indiana.com.

About The Mill: The Mill is the heart of southern Indiana’s startup ecosystem and its largest coworking space. It is a 501(c)(3) nonprofit center for entrepreneurship in Bloomington, funded by membership and event space fees, as well as by generous donations from corporate sponsors and angel investors from south-central Indiana.

Entrepreneurs and start-ups invited to enter third annual royalty-free pitch competition

BEDFORD, Ind. (May 9, 2022) – Entrepreneurs, inventors and start-ups can pitch innovative proposals to southwestern Indiana defense and economic development industry leaders on June 28 at Radius Indiana’s third annual virtual “Crane IP Defense Innovation Pitch Competition” with royalty-free IP. 

The competition offers unprecedented, royalty-free opportunities to commercialize the patented technologies and concepts developed 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.

“This is a great opportunity for entrepreneurs to explore moving tech from the lab and into the marketplace and we’ve had a lot of success with this competition in the past,” said Jenna Dix, technology transfer director for NSWC Crane. “Initiatives such as this are demonstrative of the innovative culture and entrepreneurial ecosystem that exists within the Radius region.”

The competition is hosted by Radius Indiana, in coordination with Elevate Ventures, Naval Surface Warfare Center-Crane Division, Bloomington-based Mill, Indiana Innovation Institute, 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 will be available for competitors with locations in the Radius region of southern Indiana. 

“Radius Indiana is looking forward to the third annual Crane IP Pitch Competition and we are excited to see entrepreneurs pitch us 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 conjunction with PROPELS Accelerator, a Mill program offering instruction on how to commercialize cutting-edge technology developed at NSWC Crane. The program takes place over six weeks and focuses on a full business development plan with support from experts in defense and entrepreneurship. Registrants participate in a demonstration at the end of the session and are then encouraged to pitch their idea at the Radius Indiana Crane IP Pitch Competition.

The Mill couldn’t be happier to 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 17. Visit www.radiusindiana.com to learn more and register for the competition. 

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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 Innovation Institute: IN3 (Indiana Innovation Institute) works with academia, industry, and government to create a hub of national security innovation that helps solve critical defense priorities. IN3 connects regional, state, and national partners through a variety of means including convening research and business teams to solve emerging technical challenges for the Department of Defense. IN3 is focused on hypersonics, cyber-physical systems, trusted microelectronics, artificial intelligence and 5G. Learn more at www.in3indiana.com and follow us on Twitter @IN3indiana and LinkedIn.

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 on Crossroads Collegiate Pitch Competition, visit https://crossroadscollegiate.com/.

Entrepreneurs, inventors and start-ups invited to participate in second royalty-free pitch competition

BEDFORD, Ind. (April 8, 2021) – Entrepreneurs, inventors and start-ups can pitch innovative proposals to southwestern Indiana defense and economic development industry leaders on June 23 at Radius Indiana’s second annual “Crane IP Defense Innovation Pitch Competition” with royalty-free IP. 

The competition offers unprecedented, royalty-free opportunities to commercialize the patented technologies and concepts developed at Naval Surface Warfare Center-Crane Division, Indiana’s only federal research laboratory. Individuals or teams are invited to develop an innovative proposal for one of the intellectual property areas selected for the competition.

“Our desire is that businesses and entrepreneurs will be able to make use of these technologies, which will ultimately lead to job creation and economic growth,” said Jenna Dix, technology transfer director at NSWC Crane. “The engineers and scientists at Crane create valuable technology to help the men and women who protect our nation, and we would love to see this technology be applied to increase innovation in our communities.”

The competition is hosted by Radius Indiana, in coordination with Elevate Ventures, Naval Surface Warfare Center-Crane Division, Indiana Innovation Institute, and the Indiana Small Business Development Center. Entrepreneurs will have the opportunity to connect with industry leaders from these organizations, and cash prizes totaling $7,000 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. 

“Radius continues to make important investments in small business and entrepreneurship,” said Keeley Stingel, vice president of innovation and economic development at Radius Indiana. “The continuation of the pitch competition and the strength of the relationships between our partners positions our region and defense ecosystem to attract top talent and emerging technologies.”

Virtual informational sessions given by NSWC Crane’s Technology Transfer program on April 29 and May 11 are available for participants in advance of the competition. The sessions will provide an overview of available technologies and highlight opportunities for engaging with Crane, and include an introduction to Crane’s IP portfolio. Participants can also receive individual coaching sessions through the resources of Elevate Ventures and ISBDC. 

“Pitch competitions give entrepreneurs valuable feedback, new connections, and increased confidence ahead of future ventures,” said Hunter Hawley, the winner of Radius Indiana’s 2019 regional pitch competition and CEO of Blueprint Stats. “Radius delivers all three in this event, and the environment is fun, supportive and competitive.”

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

The registration deadline is June 1, 2021. Visit www.radiusindiana.com to learn more and register for the competition. 

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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 Innovation Institute: IN3 (Indiana Innovation Institute) works with academia, industry, and government to create a hub of national security innovation that helps solve critical defense priorities. IN3 connects regional, state, and national partners through a variety of means including convening research and business teams to solve emerging technical challenges for the Department of Defense. IN3 is focused on hypersonics, cyber-physical systems, trusted microelectronics, artificial intelligence and 5G. Learn more at www.in3indiana.com and follow us on Twitter @IN3indiana and LinkedIn.

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