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Four UB students win fellowships for their startup companies

Four University at Buffalo students have won fellowships that provide $8,000 in seed money, incubator space and business advice to help launch their startup companies.

The winners were selected from a group of 14 students who took part in a three-week, hands-on Entrepreneurship Lab. The eLab, now in its second year, was aimed at people who have a promising business innovation but need help determining its potential and getting it off the ground.

The students on Friday pitched their company ideas to a panel of local business leaders and investors who selected the winners of the Student Entrepreneurship Fellowships. The event was held in UB’s Technology Incubator, where the winners will receive shared space, and it marked the grand opening of tenX, the facility’s new co-working space. The four winners are:

•Mahmoud Kamal Ahmadi, a doctoral student, PreMeRX, a more efficient method to recycle gold, silver and other precious metals.

•Jorge Cuerto, an undergraduate, SmartWalls, a metal wall that can be deployed to protect communities from flooding, tsunamis and storm surges.

•Joseph Peacock, an undergraduate, Igloo, an internal search engine for companies that searches Dropbox, email and other data.

•Rohan Shah, an undergraduate, InteractiveX, interactive e-books for students that let them share notes and comments, answer test questions and seek feedback from professors.