Diagnostic tool wins business plan support

July 14th, 2010  |  by  |  Published in Campus News  |  1 Comment

team with a giant check and trophy plaque

PACE Executive Director Susan Yamada, Scott Shibata and Ryo Kubota

Developers of a portable tool for detecting microbial pathogens won top prize in the 2010 Business Plan competition administered by the University of Hawaiʻi at Mānoa Shidler College of Business’s Pacific Asian Center for Entrepreneurship.

Diagenetix receives $10,000 in cash and more than $17,500 in legal, marketing and other services to promote development of the business.

The Diagenetix team includes doctoral candidates Ryo Kubota, in molecular biosciences and bioengineering, and Jimmy Saw, in microbiology, and Scott Shibata, a former biological engineering master’s student now with Hawaiʻi BioEnergy.

The team’s product line of reagent mixes is based on technologies developed and provisionally patented by Kubota with his research mentor, College of Tropical Agriculture and Human Resources Associate Professor Daniel Jenkins. The reagents enable detection of sequence specific genomic DNA on a disposable platform with a simple portable instrument.

Two other teams received cash and in-kind services for their business plans. Second prize in the competition went to Maui Kai and Beyond, for developing an ice cream with a nutritional profile similar to nutritional shakes. Third place went to InGYNuity, which developed a needle-less, single incision mid-urethral sling for the surgical treatment of female stress urinary incontinence.

Watch the team presentations in this 85-minute video.


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Responses

  1. Cheryl Ernst says:

    June 1st, 2011at 5:05 pm(#)

    The Diagenetix team wins again! This time as recipient of $20,000 and NASA’s Best Earth/Space Life Science Innovation Award in UH’s inaugural appearance at the Rice Business Plan Competition.

    The Houston competition is considered the Superbowl of business plan competitions, and UH made the 42-team cut out of 500 entrants.

    Team members say the experience strengthened their vision and reinforced their dream to start their own company.