The semester is underway — and so is this year’s Y-Prize competition!
For twelve years, the Y-Prize competition has challenged students to build their entrepreneurial skills. Students team up to create business plans using technology invented at Penn Engineering. The team with the best commercial application wins $10,000 to help make their idea a reality. It is cosponsored by the Mack Institute, Penn Engineering, Venture Lab, and the Penn Center for Innovation.
This year’s technologies are a new type of “soft robot” and a biodegradable soil moisture sensor. Students have had the opportunity to learn more about them at our Kickoff and Technology Briefing events, and are now forming teams to explore their new business ideas.
Past winners of the Y-Prize include Avisi Technologies, who have raised millions for a novel treatment for glaucoma, and last year’s winners Ossum Technology, who invented a method for making pulse oximetry work better on patients with darker skin.