A company that plans to make an invention that protects high-precision devices from vibrations won $25,000 in start-up funding through the University at Buffalo’s Henry A. Panasci Jr. Technology Entrepreneurship Competition on Wednesday.
The company, called EMVISS, prevailed over four other teams in the final round, which involved presentations to a panel of judges.
The winning team consisted of Hosein Kerdar of Iran, Conor Flynn of Batavia, John Fraczek of Watertown and Travis West of Clifton Park. Kerdar led the development of the anti-vibration platform and will serve as president and chief executive officer. The other three team members are not continuing with the company because they are working on finishing their respective degrees.
The EMVISS team emerged from a field that began with 33 entrants, followed by months of preparation and surviving the narrowing of the field to 10 semifinalists, then five final contestants.
“It was a lot of hard work, a lot of early mornings, a lot of late nights,” Flynn said, noting how all the team members committed to the project on top of their academic workloads.
Kerdar said once his product reaches the manufacturing stage, he envisions selling it to customers such as medical facilities, research institutions and semiconductor plants.
Along with the start-up funds, EMVISS won about $27,000 worth of in-kind awards, including legal and accounting services and office space.
A second-place prize of $10,000 was awarded to Laundry Box, a drop-off and pick-up system for doing laundry. It was presented by Emmanuel Oche and Jeffrey Beacham, both of Williamsville.