The InVenture Prize
The 2021 Georgia Tech InVenture Prize
3/18/2021 | 1h 26m 46sVideo has Closed Captions
the InVenture Prize: An electrifying televised competition.
Nicknamed "American Idol for Nerds," the Emmy Award-winning InVenture Prize at Georgia Tech is an interdisciplinary innovation competition open to all undergraduate students and recent graduates of the Georgia Institute of Technology.
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The InVenture Prize is a local public television program presented by GPB
The InVenture Prize
The 2021 Georgia Tech InVenture Prize
3/18/2021 | 1h 26m 46sVideo has Closed Captions
Nicknamed "American Idol for Nerds," the Emmy Award-winning InVenture Prize at Georgia Tech is an interdisciplinary innovation competition open to all undergraduate students and recent graduates of the Georgia Institute of Technology.
Problems playing video? | Closed Captioning Feedback
How to Watch The InVenture Prize
The InVenture Prize is available to stream on pbs.org and the free PBS App, available on iPhone, Apple TV, Android TV, Android smartphones, Amazon Fire TV, Amazon Fire Tablet, Roku, Samsung Smart TV, and Vizio.
Providing Support for PBS.org
Learn Moreabout PBS online sponsorship>>> WELCOME TO THE 2021 GEORGIA TECH INVENTURE PRIZE.
THANK YOU ALL FOR BEING HERE TONIGHT.
I KNOW THIS YEAR HAS BEEN A HUGE CHALLENGE, BUT I CAN ASSURE YOU EVERY SAFETY PROTOCOL IS BEING RIG LOUSILY FOLLOWED SO WE CAN ALL BE HERE TOGETHER TONIGHT SAFELY.
OTHER THAN THIS MASK YOU'LL SEE ME AND EVERYBODY ELSE WEARING I'M CONFIDENT YOU WON'T NOTICE ANY CHANGES.
AFTER ALL, NOTHING CAN STOP INNOVATION AT GEORGIA TECH!
AM I RIGHT?
>> JUST LET ME KNOW WHEN YOU'RE DONE SO I CAN LOCK UP.
>> OKAY, LET'S JUST ALL OF US LET HIM KNOW WHEN WE'RE DONE SO HE CAN LOCK UP.
>> Announcer: BROUGHT TO YOU LIVE BY THE GEORGIA INSTITUTE OF TECHNOLOGY, IT'S THE 2021 GEORGIA TECH INVENTURE PRIZE.
TONIGHT, GEORGIA TECH'S LEADING STUDENT INNOVATORS COMPETE FOR PRIZES AND PATENTS.
AND NOW, PLEASE WELCOME YOUR HOST, EMMY AWARD WINNER, FAITH SALIE.
>> THANK YOU.
THANK YOU.
WOW, LISTEN TO THAT APPLAUSE.
I MEAN, SURE, IT'S FAKE, BUT I APPRECIATE IT NONETHELESS.
FULL DISCLOSURE, WE DO NOT HAVE AN AUDIENCE RIGHT HERE TONIGHT.
WE DO HAVE SOUND EFFECTS, WHICH MAY COME IN HANDY FOR THE OCCASIONAL ROUND OF APPLAUSE.
[ APPLAUSE ] >> I LOVE IT.
OR, I DON'T KNOW, MAYBE EVEN A LAUGH.
[ LAUGHTER ] NOT THAT ANY OF MY JOKES WILL BE ANYTHING LESS THAN UP ROAROUSLY FUNNY.
RIGHT, T-BONE?
[ CRICKETS ] >> T-BONE IS OUR EMMY AWARD WINNING -- I CAN'T GET ENOUGH, EVEN IF IT'S FAKE.
WELCOME TO THE 13th ANNUAL GEORGIA TECH INVENTURE PRIZE.
AFTER A YEAR OF QUARANTINING AND DEEP NASAL SWABS, THINGS HAVE TURNED A CORNER.
I'M SO HAPPY WE ARE BACK.
WEIR LIVE AS ALWAYS, BUT TO BE SAFE, EVERYONE ON STAGE WILL BE MASKED AND SOCIALLY DISTANCED.
AND MAYBE BECAUSE THIS IS OUR 13th ANNUAL SHOW, I AM FEELING LUCKY.
I KNOW THAT FOR MANY 13 IS CONSIDERED AN UNLUCKY NUMBER, BUT I BEG TO DIFFER.
FOR INSTANCE, 13 IS THE NUMBER OF ORIGINAL U.S. COLONIES.
AND IF YOU'RE AFRAID OF THAT, WELL, YOU HATE AMERICA.
NOW, OF COURSE, AS WE ALL KNOW, GEORGIA TECH WAS FOUNDED IN 188 5 ON OCTOBER 13th.
THAT'S RIGHT.
AND, YOU KNOW, SNAGGING A BAKER'S DOZEN AT MY LOCAL DONUT SHOP ALWAYS MAKES FOR A GOOD DAY SOME IF FEAR OF THE NUMBER 13 IS TRIS KA DEBITING PHOBIA, WHICH IT IS, I AM CLEARLY A TRISKADEKA -- IT CAN'T BE ANY -- THAT THE SIX TEAMS WHO MADE THEIR WAY TO OUR STAGE TONIGHT CONSIST OF A TOTAL OF 13 STUDENTS.
WHAT COULD BE LUCKIER?
SETTING THE QUESTION OF LUCK ASIDE, LET'S LEAVE NOTHING CHANCE AND GET THE SHOW UNDER WAY.
TO SHARE A LITTLE MORE INFORMATION ON PRIZES AND PEOPLE'S CHOICE VOTING I'LL SEND THINGS OVER TO MY GOOD FRIEND AND COHOST WHO'S SAFELY SOCIALLY DISTANCE IN THE A NEIGHBORING STUDIO, ASHLEY MENGWASSER.
>> THIS YEAR THE WINNING TEAM WILL TAKE HOME -- THE SECOND PLACE TEAM WILL TAKE OHM 10Gs.
FIRST AND SECOND PLACE PRIZES INCLUDE LEGAL ASSISTANTS WITH A PATENT FILING.
THOSE TWO PRIZE PACKAGES WILL BE AWARDED BY OUR PANEL OF EXPERT JUDGES.
THROUGH THERE IS A THIRD PRIZE WHICH OUR CONTESTANTS ARE VYING FOR, THE OFTEN IMITATED NEVER DUPLICATED PEOPLE'S CHOICE AWARD.
THIS SPECIAL AWARD IS CHOSESEN BY OUR AUDIENCE.
WHETHER YOU'RE WATCHING LIVE OR ON TV, YOU CAN VOTE AND SEND THEM HOME WITH $5,000.
NOW, VOTING FOR PEOPLE'S CHOICE WILL OPEN AFTER ALL SIX TEAMS HAVE FINISHED PRESENTING.
YOU'LL BE ABLE TO CAST YOUR VOTE BY TEXTS YOUR TEAM AS KEYWORD TO 206-792-7655 OR BOTH.
AS ONE VOTE PER DEVICE WILL COUNT.
YOU HEARD THAT CORRECTLY.
AFTER THAT YOU'RE JUST GIVING YOUR FINGERS A LITTLE EXTRA EXERCISE.
I'LL GIVE YOU KEYWORDS THE WE GO AND REMIND YOU OF THEM AFTER THE FINAL TEAM PRESENTED.
AT THAT POINT WE'LL OPEN UP THE VOTING.
I'LL BE BACK WITH KEYWORDS AND MORE.
FOR NOW, I HAND THINGS BACK TO YOU, FAITH.
>> THANK YOU, ASHLEY.
IF THERE IS ONE SUCCESS WE HAD IN GEORGIA THIS YEAR IT WAS SETTING A NEW RECORD FOR VOTING, SO LET'S KEEP THAT VIBE ALIVE WITH TONIGHT'S PEOPLE'S CHOICE AWARD.
BEFORE I INTRODUCE OUR FIRST TEAM, LET'S TAKE A MOMENT TO MEET OUR JUDGES.
HELLO, THERE.
I LOVE YOUR MASKS.
THEY ARE AT A SAFE SOCIAL DISTANCE, OF COURSE.
NOW, FIRST IS A RETURNING JUDGE.
HE IS A GEORGIA TECH ENGINEERING GRAD AND FORMER CAPTAIN OF THE SWIM TEAM, THE FOUNDER AND MANAGING GENERAL PARTNER OF TECH SQUARE VENTURES.
PLEASE WELCOME BLAKE PATTON.
LISTEN TO THAT FAKE APPLAUSE.
IT'S NICE, RIGHT?
I FEEL LIKE IT'S INSEAR STILL.
NEXT WE WELCOME A FIRST-TIME JUDGE AND A.I.
SCIENTIST AT AMAZON.
SHE EARNED A Ph.D FROM GEORGIA TECH IN 201 AND IS IS THE FOUNDER OF THE BEAN PATH, FILLING THE TECH GAP IN UNDERSERVED COMMUNITIES.
WE ARE THRILLED TO HAVE DR. NASHLIE SEPHUS.
THEY'RE BANANAS FOR YOU.
IT'S FANTASTIC.
>> THANK YOU.
>> OUR THIRD JUDGE THIS EVENING IS THE ONLY WINNER OF THE -- TWO OF TIME WINNER OF THE GEORGIA TECH INVENTURE PRIZE.
CURRENTLY LEADING INNOVATIONS FOR OXOS MEDICAL.
IT'S GEORGIA TECH GRADUATE DEV MANDAVIA.
WELCOME.
YOU FEEL THIS ENERGY, RIGHT?
>> ALL RIGHT, THANK YOU, JUDGES, FOR BEING WITH US TONIGHT AND THANK YOU, PRODUCTION TEAM, FOR THAT FAKE APPLAUSE.
YOU GUYS ARE ON FIRE.
NOW IT IS TIME TO PUT OUR FIRST TEAM ON THE SPOT.
LITERALLY.
♪♪ >> HI, I'M MATT McMULLEN AND ALONG WITH MY TEAMMATE EMMA BIVINGS WE ARE SPOT HARNESS.
ABOUT FIVE YEARS AGO, MY DOG WENT BLIND.
SHE'S STRUGGLED WITH RUNNING INTO THINGS AND LOST SUTURE ENTHUSIASM FOR LIFE.
I DECIDED I WANTED TO COME UP WITH A SOLUTION AND HELP HER LIVE HER LIFE TO THE FULLEST.
AS IT TURNS OUT, GRACEY IS NOT ALONE.
AS OF 2010 THERE WERE 200,000 BLIND DOGS.
WE KNEW WE COULD COME UP WITH A SMART AND WELL ROUNDED SOLUTION TO THE PROBLEM.
IF WE WON THE INVENTURE PRIZE IT WOULD MEAN SO, SO MUCH.
NOT ONLY WOULD WE BE ABLE TO FILE FOR A FULL UTILITY PATENT AND BE ABLE TO MANUFACTURE NATIONWIDE, BUT I'D BE FULFILLING A LIFE LONG PROMISE TO MY FRIEND GRACEY.
>> I THINK I SPEAK FOR EVERYONE WHEN I SAY, AWW.
IT LOOKS LIKE THIS IS EXACTLY WHAT WE NEEDED TO SEE RIGHT NOW, SO LET'S FIND OUT MORE ABOUT THE CHAMPIONS OF THE ANIMAL WORLD SPOT HARNESS.
>> BLINDNESS IN DOGS IS AN OFTEN OVERLOOK BUD DEVASTATING CONDITION FOR PETS AND THEIR OWNERS.
OVER 300,000 DOGS IN THE U.S. ALONE HAVE IMPAIRED OR NO VISION AT ALL MUST NAVIGATE WITHOUT PRODUCTS TO ASSIST THEM.
IN THE RARE RACE MEDICAL INTERVENTION CAN HALT OR REVERSE THE BLINDNESS THEY COST SEVEN THOUSAND DOLLARS PER EYE.
AFTER PERSONALLY INTERVIEWING NUMEROUS OWNER OF BLIND DOGS, THE MAIN LESSON I LEARNED IS COLLISIONS WITH OBSTACLES ARE THE NUMBER ONE PAINT POINT.
FOR MANY BLIND DOGS THE UNCERTAINTY SURROUNDING THEM LEADS TO ANXIETY, DEPRESSION, LONELINESS, OR BEHAVIOR ISSUES THAT CAN LEAD TO A DECREASE IN QUALITY OF LIFE.
GRACEY RUNS INTO PRETTY MUCH ANYTHING THAT STANDS IN HER WAY.
IT'S SO HARD TO WATCH.
AS I WITNESSED HER EXPERIENCE THESE CHALLENGES I PROMISED GRACEY FOR THE LAST SEVEN YEARS I WILL DEVELOP A SOLUTION AND LOST MANY NIGHT'S SLEEP WORRYING.
OUR PROGRESS HAS INSPIRED US TO WORK HARDER THAN EVER BEFORE, SO TOGETHER EMMA AND I ARE SO PROUD TO SAY THAT WE DEVELOPED THE FIRST PROTOTYPE OF THE HARNESS AND WE'RE OFFICIALLY PATENT PENDING.
WE COULD NOT BE MORE EXCITED TO SHOW YOU HOW IT WORKS.
HERE'S HARNESS IN ACTION.
HERE IN HER FIRST RUN THROUGH YOU CAN SEE GRACEY SLOWLY APPROACH EACH OBSTACLE AND COURSE CORRECT AROUND THEM.
THE SPOT HARNESS IS LIKE ANY OTHER HARNESS ON THE MARKET, BUT IT'S EQUIPPED WITH A SYSTEM OF PROXIMITY CENTERS AND SMALL, GENTLE, VIBRAING MOTORS.
IN ORDER TO ALERT THE WEARER OF THE IMPENDING COLLISION.
AS THE WEARER GETS CLOSER TO THE OBSTACLE, IT WILL VIBRATION WILL GO FROM A SLOW AND STEADY PULSE TO A HUM.
AFTER THREE DAYS, GRACEY WAS ALREADY AVOIDING OBSTACLES THREE TIMES MORE OFTEN WHILE WEARING THE HARNESS.
MORE IMPORTANTLY, HER HAPPINESS WAS EVIDENT AS HER TAIL WAS WAGGING.
WHILE GRACEY'S SUCCESS IS NOTHING SHORT OF INSPIRATIONAL.
WE'RE WORK DILIGENTLY TO MAKE SURE THIS IS FLEXIBLE FOR ANY DOG.
WE'RE CONDUCTING SIMILAR TESTING AND TRAINING ON THEM.
WHILE WE'RE STILL EARLY IN THE PROCESS WITH CONTINUED TOS PERSPECTIVE RESULTS FROM MANY DIFFERENT DOGS SUCH AS GRACEY AND ELLA, A WIN HERE WOULD BE ABLE TO EXPAND OUR TEAM, FILE FOR A PATENT SO WE CAN PROVIDE AN EXTRA SET OF EYE AGEING AND BLIND DOGS EVERYWHERE.
>> THAT IS A HAPPY TALE.
WHO ARE THE BEST JUDGES EVER?
YOU ARE.
YES, YOU ARE.
SIT, STAY.
NOW, LET'S FETCH SOME QUESTIONS.
NASHLIE, WILL YOU BRING OUR FIRST ONE?
>> SURE, ABSOLUTELY.
YOU'RE REALLY TUGGING AT MY HEART STRINGS HERE, ESPECIALLY WITH THE VIDEO.
I THINK YOU KNEW WHAT YOU WERE DOING.
HEY, IT WORKED.
I AM A BIG DOG LOVER.
I HAVE A 13-YEAR-OLD YORKIE.
HE IS A GRUMPY OLD MAN.
HE'S RUNNING AROUND THE HOUSE LIKE HE IS NOT OLD, BUT HE HAS ISSUES.
YOU CAN SEE THINGS STARTING TO HAPPEN, SO I THINK THIS IS AMAZING.
SO MY QUESTION IS, HOW WELL -- YOU MENTIONED USING THIS PRODUCT ACROSS DIFFERENT TYPES OR DIFFERENT SPECIES OF DOGS.
SO I'M WONDERING, HOW DOES THE ACCURACY OF THE TECHNOLOGY VARY WITH DIFFERENT TYPES OF DOGS.
>> THAT'S A GOOD QUESTION.
AS FAR AS THE ACCURACY, THE BIGGEST THING WITH THE DIFFERENT SIZES IS ENSURING THAT THE SENSORS ARE POINTING FORWARD AND DOGS ARE KEEPING THEIR HEADS UP SO THEY'RE NOT INTERFERING WITH THE SENSORS.
THE DEVICE COMES WITH MOBILE APPLICATIONS WITH WHICH YOU CAN ADJUST THE SETTINGS.
THE APP CAN KEEP TRACK OF THE SUCCESS OF THE DOGS.
IF IT'S GIVING YOU FEEDBACK AS AN OWNER AND TELLING YOU YOUR DOG IS NOT AVOIDING OBSTACLES, YOU CAN ADJUST THE SETTINGS.
>> BLAKE, YOU WERE THE FIRST PERSON I SAW WRITING SOMETHING DOWN.
WHAT QUESTION DO YOU HAVE?
>> MY QUESTION IS ABOUT THE TRAINING.
DO YOU HAVE TO TRAIN THE DOG, OR WILL THE DOG'S OWNER BE ABLE TO TRAIN THE DOG?
>> THAT IS ANOTHER GREAT QUESTION.
RIGHT NOW WITH THE SIX LOCAL DOGS I AM DOING THE TRAINING.
I'M NOT A CERTIFIED DOG TRAINER.
WE WOULD LOVE WITH THE WINNING FROM THIS TO BE ABLE TO HAVE MORE PROTOTYPES ON HAND WE CAN GIVE AND WORK DIRECTLY WITH TRAINERS WHO CAN WORK WITH THEIR OWN CLIENTS IN THE FIELD.
THERE'S IN THE A LOT OF OPTIONS FOR DOG TRAINERS ANYWHERE IN THE SPACE FOR BLIND DOGS, BUT DOG TRAINERS DON'T HAVE A LOT OF TRICKS UP THEIR SLEEVES TO HELP THESE DOGS SO THIS WOULD BE A GREAT TRICK FOR DOG TRAINER AS WELL.
>> IN ADDITION WE'D LIKE TO PUT TRAINING VIDEOS ON THE APP TO MAKE IT ACCESSIBLE FOR ANYONE AND HAVE TRAINERS COME IN AND SHOW YOU HOW TO WORK WITH DOGS IN DIFFERENT TYPES OF ORGANIZATIONS.
>> HOW MUCH DOES IT CROSS TO PRODUCE, AND WHAT'S THE PRIING STRUCTURE YOU'RE PLANNING TO USE?
>> THIS IS OUR FIRST WORKING PROTOTYPE.
MAKING THIS COSTS JUST UNDER $100.
THAT IS WORKING WITH KINKS ALONG WAYT WAY.
ONCE WE MOVE INTO PRODUCTION AND HAVE OUR CIRCUIT BOARD INTO PRODUCTION WE'RE LOOKING AT PUTTING IT ON THE MARKET FOR AROUND $200 AND $350, AND WE BELIEVE PRODUCTION COSTS WOULD COME IN PROBABLY AROUND $70 TO $80.
>> WHAT ELSE HAS A QUESTION?
>> ARE THERE ANY REGULATORY REQUIREMENTS FOR DEVICES FOR PETS?
>> NO, NOT FOR PETS SPECIFICALLY.
YEAH, NONE THAT WE COULD FIND.
WE DID EXTENSIVE SEARCHING TO MAKE SURE WE WERE FOLLOWING REGULATIONS.
COULDN'T FIND ANYTHING.
>> WE WORKED WITH VETS ALONG THE WAY.
WE HAVE BEEN SHARING PROGRESS WITH THEM AND THEY'RE EXCITED ABOUT WHAT THEY HAVE SEEN, SPECIFICALLY PET OPT MOLGISTS.
GRACEY'S VET HAD HOPE AND EXPRESSED INTEREST AT SELLING IT IN THE FUTURE ESPECIALLY TO CLIENTS.
>> HOW OFTEN IS THE HARNESS REPLACED?
AFTER THEY PURCHASE ONE, HOW OFTEN ARE THEY FINDING ANOTHER ONE?
>> WE ANTICIPATE THE HARNESS SHOULD LIKELY LAST -- WE CANNOT GUARANTEE IT WILL LAST THE DURATION OF THE DOG'S LIFE,ER IF THEY GET IT AS A YOUNGER PUPPY -- THE BLINDNESS CAN HIT AT ANY POINT.
WHO CAN GUESS IT, YOU KNOW?
FOR THE YOUNG ONES THAT MIGHT BE FOR AGGRESSIVE, MAYBE THEY PUT IT THROUGH WEAR AND TEAR AND MIGHT HAVE TO REPLACE IT, BUT MANY DOGS WHO ARE STRUCK WITH BLINDNESS IN MIDDLE AND OLDER AGE, THEY SHOULDN'T NEED TO REPLACE IT.
>> ANYBODY ELSE?
>> HOW OFTEN -- HOW DOES THIS PRICE COMPARE TO JUST OTHER SIMILAR DOG ELECTRIC HELPING DEVICES.
>> SO, THAT'S A GREAT QUESTION, ESPECIALLY BECAUSE YOU MENTIONED ELECTRONIC.
SO WITHIN THE PET SPACE AND HARNESSES AND COLLARS, ELECTRONICS ARE JUST BREAKING THROUGH.
MY DOG HAS AN L.E.D.
ONE FOR AT NIGHT WHEN SHE'S OFF LEASH.
THEY HAVE A FIT BIT FOR DOGS.
THERE'S LIMITED PRODUCTS.
>> DOG GONE IT, WE ARE OUT OF TIME.
SO IT MEANS THE WORLD IS YOUR OYSTER WHEN IT COMES TO ENTERING THIS WORLD.
>> ABSOLUTELY.
EMERGING INDUSTRY.
>> THANK YOU, JUDGES.
LET'S HARNESS OUR ENTHUSIASM AND SEND THINGS TO ASHLEY.
>> JUST SPOTTED, THE TOP DOG IN MATT'S WORLD, HIS MOM, SUSAN.
WE NEED TO KNOW MORE ABOUT THE PAWS BEHIND THIS INVENTION.
TELL US GRACEY'S STORY.
>> SHE WAS BORN THE DAY MY FATHER DIED, SO WE KNEW THE SHE WAS THE DOG FOR US.
IT'S BEEN HEARTBREAKING TO WATCH HER GO BLIND.
I WOULD DO ANYTHING, BUT THERE HAVEN'T BEEN ANY OPTIONS.
SO MATT'S BEEN WORKING ON THIS FOR A WHILE, AND WE ARE SO EXCITED IT'S WORKING WELL, THAT SHE'S GOTTEN USEFULNESS BACK, SHE'S PLAYING LIKE A PUPPY AGAIN AND SLEEPING LIKE A BABY AT NIGHT.
>> YOU HAVE TO ADMIRE HER DOGGED PERSISTENCE.
MORE TREATS FOR GRACEY, FAITH, I THINK.
>> THANKS FOR THROWING ME A BONE, ASHLEY.
TONIGHT'S SECOND TEAM HAS DESIGNS ON MAKING THE CREATIVE PROCESS EASIER TO NAVIGATE.
LET'S FIND OUT ALL ABOUT CADe.
>> HI.
I'M SAIHARSHITH KILARU AND TOGETHER MATT SEGLER AND RYAN SOEDJAK WE'RE TEAM CADe.
CADe IS A SOFTWARE THAT ALLOWS ENGINEERS TO DESIGN AND ANALYZE PRODUCTS WITHOUT PROTOTYPING THEM.
WORLDWIDE THERE ARE 100 MILLION USERS.
CAD ENGINEERS CAN DESIGN FASTER THAN THEY CAN MODEL THEM.
ENGINEERS ARE STUCK DESIGNING ROCKETS, PLANES AND LIFE SAVING MEDICAL DEVICES WITH A PLAIN OLD COMPUTER MOUSE.
IT'S A SUM BER SOMEWAY TO DESIGN SO WE'VE DESIGNED A BETTER WAY.
AFTER MONTHS OF CUSTOMER DISCOVERY, WE BELIEF WE FOUND THE SOLUTION THAT WILL REALLY TAILOR TO THE MARKET NEED.
BY WINNING THE INVENTURE PRIZE WE CAN REACH MORE ENGINEERS AND HELP MAKE THE WORLD BETTER FASTER.
>> NOW LET'S GET SOME TEAM-AIDED EXPLANATION ABOUT COMPUTER-AIDED DESIGN.
TEAM CADe, TAKE IT AWAY.
>> JUDGES, COMPUTER-AIDED DESIGN SOFTWARE, OR CAD IS USE BID OVER 100 MILLION DESIGNINGERS AND ENGINEERS WORLDWIDE.
IT ENABLERS USER TO DESIGN WITHOUT SPENDING THE MONEY TO PROTOTYPE IN THE REAL WORLD.
IT HAS REVOLUTIONIZED THE INDUSTRY AND IS THE FOUNDATION FOR ENGINEERING.
THERE'S A PROBLEM -- USERS CAN DESIGN FASTENER THEIR HEAD FASTER THAN ON THE COMPUTER.
WE TALKED TO ENGINEERS FROM SPACEX, NASA, AND FORMULA ONE.
WE ASKED THEM A QUESTION, WHAT'S THE OVERALL -- NUMBER ONE ANSWER, CAD IS TOO SLOW.
THE USER INPUT BAND WIDTH WAS TOO SLOW.
.
MY NAME IS MAT SEGLER.
I'M A COFOUNDER AND CEO OF CADe.
CADe IS AN INTUITIVE 3-D TO DESIGNED TO WORK WITH CAD.
CADe IS DESIGNED TO BE USED WITH THE LEFT HAND WHICH FREES.
YOUR RIGHT HAND TO SELECT GEE I DON'T MEANTY AND OTHER COMMANDS FOR CAT.
THE BOTTOM IS DEDICATED TO THE MOUSE AND THE BOTTOM IS USER CUSTOMIZABLE SHORTCUTS.
TO USE CADe, USERS SIMPLY DRAG TO ROTATE, PINCH TO ZOOM, OR TWO FINGER DRAG TO TRANSLATE TO MANIPULATE THEIR MODELS WITH ZERO LEARNING CURVE.
HERE'S A SIDE BY SIDE COMPARISON.
AFTER RUNNING THIS EXPERIMENT OVER THE OVER, WE FOUND CADe USERS WERE ABLE TO AACCEPTABLE PARTS THREE TIMES FASTER THAN AVERAGE.
WE ARE TARGETING THE 20 MILLION USERS OF COMMON CAD PACKAGES WILLIAM A HOPE INFLUENCE TARGETED ADVERTISEMENTS AND B TO B SALES WE CAN TARGET THIS AND MARKET THEIR EFFICIENCY.
UM -- >> THAT IT?
>> NO.
>> THAT'S OKAY.
THIS IS THE BEAUTY OF LIVE TV.
>> ROLL RIGHT THROUGH IT.
OUR TEAM HAS GOT PASSION, AND WE'VE GOT MOMENTUM.
WE HAVE A DESIGN PATENT PENDING AND WE FOLLOWED A PROVISIONAL PATENT.
WE LAUNCHED CADe ON THE APP STORE THIS MORNING, AND WE'RE EXCITED THAT YOU CAN DOWNLOAD IT RIGHT NOW.
WHILE CADe ITSELF MIGHT NOT CHANGE THE WORLD, CADe WILL ENABLE AEROSPACE ENGINEERS TO DESIGN ROCKETS FASTER, FOR BIOENGINEERS TO DEVELOP LIFE SAVING MEDICAL EQUIPMENT FASTER AND FOR ALL ENGINEERS AND DESIGNERS TO CHANGE THE WORLD FASTER.
>> AND YOU DID IT.
FROM DOGS TO CADS.
MAKING DESIGN SOFTWARE FOR ACCESSIBLE?
WHAT'S NEXT, DESIGNING A TV SHOW WITHOUT A HOST?
JUDGES.
BLAKE, DO YOU WANT TO START?
>> SURE, I'LL START.
WHAT MADE YOU CHOOSE THE TOUCH FORM FACTOR INSTEAD OF HAND GESTURES OR -- >> THERE IS AN EXISTING MARKET ON THE PRODUCT THAT SERVES MORE A LESS THE SAME NEED THAT'S HARDWARE BASED.
OF THE ENGINEERS WE TALKED TO, 50 TRIED BUT ONLY TWO AND A HALF USE ONE ON A REGULAR BASIS.
WE FOUND THIS WAS BECAUSE THERE WAS AN INCREDIBLY HIGH LEARNING CURVE TO USING THAT.
WE TURNED TO MOBILE BECAUSE IT USES MOTIONS USERS ARE ALREADY FAMILIAR WITH FROM THEIR INTERACTIVE DEVICES AND IT LOWERS THE BARRIER TO ENTRY SO WE CAN GET MORE PEOPLE IMPROVING THEIR CAD EFFICIENCY.
>> DEV?
>> I'D LIKE TO LEARN MORE ABOUT YOUR COMPETITION.
HOW MUCH DO THEY PRICE THEIR SOLUTIONS FOR, AND HOW MUCH ARE YOU PRICING YOURS FOR?
>> PRICING FOR THEIR PRODUCTS START AT $150 AND GO UP TO $450.
WE HAVEN'T LOCKED DOWN FINAL PRICING YET, BUT BASED ON EARLY CUSTOMER INTERVIEWS WE THINK WE CAN CHARGE $15 A MONTH ON A SUBSCRIPTION BASIS AND SELL TO MANAGERS BECAUSE THEIR EMPLOYEERS WILL -- >> DO YOU HAVE ANY?
>> NO, WE'RE RUNNING AT A STARTUP AND WE HAVE OTHER COMPANIES THAT EXPRESSED INTEREST.
SINCE WE'RE LIVE TODAY WE'LL BE REACHING OUT TO BEGIN BETA TEST AS WELL.
>> NASHLIE?
>> YOU LOOK REALLY GOOD SITTING OVER THERE LIKE A BOY BAND.
I'M WAITING FOR SOMEONE TO START SINGING OR DANCING.
>> SO YOU'RE SAYING WHILE I'M AT A CONCERT, I CAN USE THE APP TO DESIGN AT THE CONCERT?
>> NO, IT PAIRS WITH CAD.
SO YOU CAN INCREASE YOUR INPUT BAND WIDTH TO TRANSLATE INTO THE COMPUTER FASTER.
>> IS THERE AN EXIT STRATEGY TO GET ACQUIRED BY THE OTHER COMPANIES, OR ARE YOU PLANNING TO MAINTAIN OWNERSHIP AND TAKE IT ALL THE WAY TO PUBLIC -- >> THE CURRENT PLAN IS TO MAINTAIN OWNERSHIP THOUGH WE ARE OPEN TO A POTENTIAL EXIT.
OUR GOAL IS TO ACQUIRE 5% OF THE TOTAL MARKET.
AT A $15 MONTH SUBSCRIPTION THIS WILL GIVE US $80 MILLION A YEAR IN REVENUE.
>> ARE THERE SPECIFIC APPLICATIONS AND USES IT WORKS FOR AND DOESN'T WORK FOR?
>> IT REALLY EXCELS AT ASSEMBLIES, WHEN YOU HAVE MANY PARTS IN DIGITAL SPACE AND YOU'RE FLYING AROUND EDGES TO MATE AND FACES THAT SHOULD GO TOGETHER.
THAT'S WHERE IT REALLY EXCELS, THOUGH IT IS ALSO VERY USEFUL IN JUST STANDARD PART MODELLING.
>> AND DO YOU WORK WITH ANY CAD SOFTWARE AT THE MOMENT?
>> PRESENTLY WE ONLY WITH SOLID WORKS, HOWEVER WE'RE LOOKING TO EXPAND TO OTHERS AS SOON AS POSSIBLE.
>> WE HAVE ABOUT A MINUTE LEFT FOR MORE QUESTIONS.
>> YOU MENTION IN THE USER STUDY IN THE FOLKS YOU SURVEYED THAT THE TOP ISSUE WAS HOW SLOW IT WAS.
WHAT WERE SOME OF THE OTHER ISSUES THEY EXPERIENCED AND HOW ARE YOU ADDRESSING THOSE AS WELL?
>> CAD IS AN INTENSIVE PROGRAM.
THAT'S SOMETHING WE CAN'T CHANGE.
SO WE HAD TO NARROW THE SCOPE DOWN TO THINGS WE CAN EFFECT.
THIS WAS ONE WE FOUND THAT HAD A CLEAR BENEFIT, A CLEAR PROBLEM, AND A SOLUTION ON THE MARKET THAT DIDN'T WORK SOME WE DECIDED WE WOULD ATTACK IT AND DO IT BETTER.
>> GOTCHA.
>> WHAT'S THE LEARNING CURVE FOR THAT TIME-SAVING TO COME TO FRUITION?
BECAUSE NOW YOU HAVE THE MOUSE, THE KEYBOARD, THEE THINGS TOUGH TO LEARN TO MOVE BETWEEN.
>> WITH OUR APP IT'S VIRTUALLY ZERO.
WE HAD USERS THAT WOULD PICK IT UP AND START FLYING AROUND.
WITH THE AL TERN SIEVE SOLUTION, IT'S MORE LIKE TWO TO FOUR WEEKS, WHICH IS WHY PEOPLE TRIED THEM, BUT DIDN'T CONTINUE.
THEY'RE LIKE, I GOT WORK THAT NEEDS TO GET DONE NOW.
>> ANYTHING ELSE?
I JUST WANT TO SAY THAT YOU ALL LOOK LIKE A BUNCH OF NICE YOUNG GENTLEMAN AND NOT A BUNCH OF CADS.
IT'S A GOOD JOKE.
THANK YOU VERY MUCH, JUDGES.
THANK YOU, CADe.
NOW LET'S FIND OUT WHO CAN TELL US MORE ABOUT CADe.
ASHLEY?
>> FAITH, I HAVE STUDENT BODY PRESIDENT BRIE YELL LANSBURY.
SO POPULAR AMONG HER PEERS.
SHE HELPED CADe WITH MARKET RESEARCH.
DOES EVERY INVENTURE GET YOUR STAMP OF APPROVAL.
>> ABSOLUTELY NOT.
I'M GOOD FRIENDS WITH A FEW OF THE GUYS ON THEIR TEAM.
I GOT INVOLVED AT THE BEGINNING DURING THEIR PROBLEM EXPLORATION PHASE.
AND THEY FRANKLY PROBABLY ASKED ME BECAUSE I WAS NOT THE BEST AT USING CAD SOFTWARE, SO I WAS ABLE TO SHOW THEM HOW TO MAKE THEIR SOFTWARE MORE USER FRIENDLY AND WAS ABLE TO SIT DOWN AND TELL THEM WHAT TRIPPED ME UP, WHAT CONFUSED ME.
I'M PROUD OF THEM FOR MAKING A PRODUCT THAT TRULY IS ABLE TO BE USED BY EVERYONE.
>> NOT GREAT WITH TECHNOLOGY.
THAT'S RELATABLE.
WE SHOULD HANG OUT SOMETIME.
YOU DON'T HAVE TO ANSWER THAT NOW.
THIS TEAM FOUND A BAD DI TO TEST THEIR CADDY.
IF YOU LIKE WHAT YOU HEARD, YOU'LL TEXT CADe WHEN PEOPLE'S CHOICE VOTING OPENS.
BACK TO YOU, FAITH.
>> THANK YOU, ASHLEY.
THIS YEAR OUR FINALISTS WENT BATTING AVERAGE AND BEYOND.
NOT ONLY DID THEY MAKE IT THROUGH STIFF LEVELS OF COMPETITION, BUT THEY DID IT WHILE FOLLOWING STRICT PROTOCOLS NEVER BEFORE FACED IN THE COMPETITION.
I'M TRULY INSPIRED BY WHAT EACH OF OUR FINALISTS WERE ABLE TO ACCOMPLISH IN THIS MOST CHALLENGING YEAR, AND YOU WILL BE TOO WHEN YOU SEE THEIR JOURNEY IN THE ROAD TO THE GEORGIA TECH INVENTURE PRIZE.
>> THE ROAD TO THIS YEAR'S INVENTURE PRIZE WAS PAVED ON A VIRTUAL.
COMPETITION OFFICIALLY BEGAN IN SEPTEMBER WITH THE ANNUAL KICKOFF EVENT HOSTED ON GATHERLY, THE COMPANY FOUNDED BY STUDENTS OF GEORGIA AS CREATE X PROBLEM.
THE GATHERLY PLATFORM ALLOWED THIS YEAR'S CONTESTANTS TO GET ADVICE FROM LAST YEAR'S TEAM.
>> IS THERE NO ONE ELSE IN THE STATES TRYING TO SOLVE FOR THE NEED THE SAME WAY?
>> MORE CONTESTANTS WERE ADDED TO THE FIELD WHERE ORGANIZERS GAVE AWAY SEVERAL GOLD TICKS, ALLOWING TEAMS TO SKIP THE PRELIMINARY ROUND.
>> WE ARE GOING TO GIVE YOU GUYS A GOLDEN TICKET STRAIGHT TO THE SEMIFINAL ROUND.
>> FOR THE REST OF THE CONTESTANTS IT WAS BACK ONLINE FOR THE PRELIMS, WHERE STUDENTS DID THEIR BEST TO IMPRESS THE JUDGES.
>> WHY DON'T YOU TELL ME A LITTLE BIT ABOUT YOUR INVENTION?
>> WELCOME TO SIMPLE.
>> WE WILL WIN THE INVENTURE PRIZE BECAUSE WE'RE TAKING THE FRUSTRATION OF GROUP DECISION MAKING AND TURNING IT INTO SOMETHING FUN LIKE SPEED DATING.
>> THE LAST STOP BEFORE THE SEMIFINAL ROUND WAS A VIRTUAL WORKSHOP WHERE SEMIFINALISTS WERE INVITED TO PERFECT THEIR PITCHES.
>> OUR TEAM HAS POURED OUR HEART AND SOUL INTO IT.
>> THE SEMIFINALS WERE ALSO A VIRTUAL AFFAIR.
>> WHAT KIND OF FEEDBACK ARE YOU GETTING FROM USERS?
>> SEVEN MONTHS AND MORE THAN 50 TEAMS FROM WHERE IT ALL BEGAN.
TONIGHT WE FINALLY FIND OUT WHICH OF THESE SIX TEAMS WILL WIN THE 2021 GEORGIA TECH INVENTURE PRIZE.
>> OUR NEXT FINALIST IS ALSO HITTING THE ROAD TO HELP HOMELESS PEOPLE WITH A GARMENT DESIGNED TO ADAPT TO THE ENVIRONMENT.
LET'S MEET THE WOMAN BEHIND THE REVOLUTIONARY DELTA JACKET.
>> HI.
I'M AYA.
I'M FROM TEAM DELTA JACKET, AND I FOUND A BETTER WAY TO GIVE THE HOMELESS BACK SOME MUCH NEEDED WARMTH AND COMFORT.
RIGHT NOW THERE ARE 150 MILLION PEOPLE WHO ARE HOMELESS IN THE WORLD.
THAT'S 2% OF THE POPULATION.
THAT'S MORE HEARTBREAKING IS THAT 900 HOMELESS AMERICANS ALONE WILL FREEZE TO DEATH BY THE END OF THE YEAR.
BUT THEY DON'T HAVE TO -- HELP HUNDREDS OF THOUSANDS OF PEOPLE MEET THEIR BASIC HUMAN NEEDS.
I CREATED THE JACKET OUT OF A GENUINE INTEREST TO HELP THE HOMELESS.
I DIDN'T KNOW I WOULD MAKE IT TO THE INVENTURE PRIZE STAGE.
NOW THAT I'M HERE I THINK THAT THIS WOULD BE A PLATFORM TO IMPACT THOUSANDS OF LIVES AND HELP THOUSANDS OF PEOPLE.
>> WOW.
WOW.
OKAY, DELTA JACKET.
YOU HAVE OUTLINED A PROBLEM THAT EFFECTS HOMELESS PEOPLE AROUND THE WORLD, SO LET'S HEAR ABOUT YOUR SOLUTION.
>> WELL, LET ME START BY TELLING TO YOU STORY OF NATHANIEL.
ONCE PINE A TIME ON THE STREETS OF ATLANTA, I MET A Ph.D NAMED NATHANIEL.
UNLIKE ANY Ph.D YOU KNOW, HE BRUSHED HIS TEETH IN THE WATERT WOOD ROUGH PARK.
HE WAS HOMELESS.
THAT GOES TO SHOW YOU HOMELESS CAN STRIKE ANYONE AT ANY TIME.
THESE PEOPLE ARE MOTHERS AND FATHERS AND BROTHERS AND NEED OUR HELP.
THAT'S WHY I CREATED THE DELTA JACKET.
IT'S A REVOLUTIONARY PRODUCT THAT CAN HELP GIVE THE HOMELESS BACK SOME MUCH NEEDED HEAT AND COMFORT.
COMFORT THAT'S NEEDED WHEN YOU'RE CAMPING EVERY DAY OUTSIDE AND HEAT THAT'S NEEDED TO KEEP YOU FROM FREEZING TO DEATH.
THIS JACKET WON'T SOLVE HOMELESSNESS, BUT IT CAN GIVE THEM BACK SHRED OF THEIR DIGNITY AND HELP THEM SURVIVE.
THE DELTA JACKET WITH ITS UNIQUE AND PATENT PENDING TECHNOLOGY IS A REFLATABLE AND REVERSIBLE GARMENT THAT CAN BE BLOWN UP FOR INSULATION OR TO ACT AT BEDDING.
IT COMES LINED WITH AN EMERGENCY FOIL FABRIC THAT CAN INSULATE YOU BY REFLECTING YOUR BODY HEAT INWARDS.
AND IF IT GETS TOO HOT, YOU CAN FLIP IT INSIDE OUT AND KEEP YOURSELF COOL.
EITHER WAY, IT'S PORTABLE ENOUGH TO ROLL UP AND PUT IN ITS VERY OWN BAG.
BUT BEFORE I TALK YOUR EARS OFF ON THE OTHER SPECS LET'S TAKE A STEP BACK.
WHILE MANY, MANY HOMELESS PEOPLE WITH EXPOSED TO THE ELEMENTS UNWILLINGLY, THERE ARE 45 MILLION AMERICANS WHO PUT THEIR LIVES IN MOTHER NATURE AS HANDS EVERY YEAR FOR DAYS ON END.
THOSE BRAVE SOULS ARE CALLED CAMPERS.
UNLIKE THE HOMELESS WHO GO THROUGH THAT EVERY DAY, CAMPERS CAN AFFORD THEIR OWN GEAR.
BECAUSE OF THE OVERLAPPING PROSPECTS BETWEEN THOSE TWO GROUPS I SOUGHT TO SELL THE DELTA JACKET AS CAMPING OUTER WEAR AND FOR EVERY ONE JACKET SOLD WILL BE DONATED TO THE HOMELESS.
I'VE ALREADY RECEIVED 512 PREORDERS, AND MY WEBSITE ONLY LAUNCHED A FEW DAYS AGO.
TO THAT NOTE, THE RED CROSS IS ALREADY COMMITTED TO DISTRIBUTING 1,000 PLUS UNITS OF THE DELTA JACK AS SOON AS IT'S MANUFACTURED.
IF I WIN I'LL YUZ THE MONEY TO START TOOLING THE JACKET.
THIS HAS THE POTENTIAL TO SAVE THE LIVES OF HUNDRED OF THOUSANDS OF HOMELESS PEOPLE, AND IT CAN GIVE A PROPORTIONAL NUMBER OF PEOPLE THE MEDIUM IN WHICH TO HELP THE CAUSE.
IMAGINE HOW MANY LIVES WE CAN SAVE BY MERELY HELPING PEOPLE STAY WARM.
THANK YOU.
>> AN INFLATABLE REVERSIBLE GARMENT FOR HOMELESS PEOPLE.
LET'S SEE IF THE DELTA JACKET CAN HACK IT.
WHO WOULD LIKE TO ASK THE FIRST QUESTION?
DEV, WOULD YOU LIKE TO START?
>> WHAT DOES THE INTELLECTUAL PROPERTY COVER?
>> IT COVERS NOT ONLY THE INFLATABLE ASPECT OF THE GARMENTRY, SO THE CLOSEST THING THAT A U.S. PATENT OFFICE HAS COME TO IS AN INFLATABLE LIFE VEST, INFLATABLE MATTRESSES, ALL OF THOSE THINGS THAT WE KNOW ABOUT.
THE PATENT I FILED COVERS THE INFLATABLE ASPECT OF THE GARMENT, BECAUSE IT CAN'T BE SEWN, SO IT HAS TO BE MANUFACTURED A CERTAIN WAY, AND IT INCLUDES THE MANUFACTURING PROCESS THAT OUTLINES FOUR DIFFERENT TYPES OF WAYS TO MANUFACTURE THE GARMENT ITSELF.
>> DO YOU HAVE ANY ADDITIONAL DEMOGRAPHICS ABOUT THE ONES WHO HAVE ALREADY PURCHASED YOUR JACKET?
>> SO, FROM THE STATISTICS ON THE WEBSITE I'VE ACTUALLY RECEIVED PREORDERS FROM ALL AROUND THE WORLD, MOSTLY ITALY AND THE MIDDLE EAST, AND SOME CITIES IN THE U.S. OTHER THAN THAT, I KNOW THAT A LOT OF THEM ARE CAMPING ENTHUSIASTS OR INTERESTED PARTIES AND JUST FRIENDS AND FAMILY OF THE GEORGIA TECH COMMUNITY.
I'VE ALSO COME ACROSS OR COME IN CONTACT WITH A LOT OF CONTACTS IN BOTH THE NGO SPHERE AND THE CAMPING SPHERE WHO ARE WILLING TO RIGHT ABOUT THE DELTA JACKET AS SOON AS IT'S MANUFACTURED AND ON ITS WAY.
>> YEAH, I WAS GOING SUGGEST MAYBE LOOKING AT MILITARY AND GOVERNMENT CONTRACTS, TOO, FOR THIS SORT OF THING.
>> INTERESTING.
>> SO, LOVE YOUR PASSION AND VISION AROUND THIS.
YOU TALKED ABOUT THIS PARTNERSHIP WITH RED CROSS FOR DISTRIBUTION.
BEYOND THAT, HOW DO YOU GET THESE JACKETS INTO THE HANDS OF THE HOMELESS?
>> SO ESSENTIALLY, LIKE THE RED CROSS, THERE ARE SO MANY NONPROFIT ORGANIZATIONS AROUND THE WORLD, BE IT FOR HOMELESS OR REFUGEES.
THE RED CROSS ISN'T EVEN CHARGE OF HOMELESSNESS ALONE.
IT'S IN CHARGE OF DISASTER RELIEF, SO THERE ARE SO MANY DIFFERENT VENUES I CAN EXPLORE THROUGH NGOs AND HOPEFULLY LATER ON WHEN I -- I'D LIKE FOR THEM TO BUY THE JACKS AS A WHOLE BECAUSE THEY CALL FOR ACTION AND PRODUCTS LIKE THIS TO BE UTILIZED AS UTENSILS AND GARMENTS AND ALL OF THESE THINGS.
>> DEV.
>> HOW MUCH DOES IT COST TO MAKE THE JACKET?
>> AFTER CONSULTING A FEW MANUFACTURERS, WE'VE CHOCKED UP THE COST OF THE JACKET TWOFOLD.
FIRST I'D LIKE TO USE THE ADDITIONAL INVESTMENT FROM THE INVENTURE PRIZE TO TOOL THE JACKET, WHICH A MANUFACTURER QUOTED ME AS $15,000.
AND THEN ON THE OTHER SIDE, ANOTHER MANUFACTURER QUOTED ME THAT IT WOULD TAKE $28 PER UNIT TO ASSEMBLE THE JACKET SINCE IT WASN'T REQUIRE AS MUCH TIME FOR ASSEMBLY.
AND SEEING AS A LOT OF JACKETS OF THIS SPHERE AS OUTERWEAR ARE MARKETED OR SOLD -- SORRY, MANUFACTURED AT $40 PER UNIT PLUS, I THINK IT'S A VERY COMPETITIVE PRICE GIVEN THE MARKET.
>> SO, ARE YOU MAKING TWO JACKETS FOR EVERY ONE YOU SELL, ONE TO THE CUSTOMER AND THEN ONE TO GIVE AWAY?
>> YES, SO I THINK THIS INTIMATE TYPE OF RELATIONSHIP CAN REALLY HIT IT HOME WHEN IT COMES TO DONATIONS.
USUALLY WHEN YOU'RE DONATING SOMETHING YOU DON'T KNOW THE FACE OF THE PERSON WHO YOU'RE SENDING IT TO, OR IT'S GOING TO GO TO A PERSON IN GENERAL.
SO I THINK THE BUY ONE/DONATE ONE VENTURE IS BOTH FEASIBLE SINCE THE JACKET IS SO LOW COST, AND IT'S JUST A BETTER WAY TO ATTRACT PEOPLE TO BUY THE JACKET.
>> DEV, I'M GOING TO START CALLING YOU NUMBERS GUY.
I LIKE IT.
YOU GET RIGHT TO IT.
>> JUST A QUICK OBSERVATION.
THEY LOOK REALLY COOL.
I IMAGINE THAT WAS PART OF THE PLAN.
>> THERE ARE OTHER JACKETS FOR THE HOMELESS, BUT THEY LOOK LIKE THEY'RE MANUFACTURED FOR THE HOMELESS.
THEY DON'T LOOK ASTETICALLY PLEASING AND THE WHOLE POINT OF THE JACKET IS TO REDUCE STIGMA AROUND HOMELESSNESS.
>> I HAVE TO CUT YOU OFF THERE.
GREAT POLICE TO END.
THANK YOU VERY MUCH.
THANK YOU, JUDGES.
HAD I CREATED THE DELTA JACKET IT WOULD BE MY EGO INFLATING.
LET'S GET MORE.
>> FOR A YELLOW JACKET TO DESIGN A JACKET IS, SHALL WE SAY, FITTING.
BUT THE BEAUTY IS BEST DESIGNED BY HERB VE LAS KEZ.
>> I HAVE FOCUSED ON THE HOMELESS WHO ARE TYPICALLY OVERLOOKED BUT SHE SAW A HUMANITARIAN NEED THAT SHE CAN ADDRESS BY APPLYING HER DESIGN THINKING SKILLS AND FASHION SKILLS TO ARRIVE AT THIS INNOVATIVE DELTA JACKET.
AYA'S A REAL GO GETTER AND I'M PROUD OF HER.
>> IT'S AN A-PLUS IDEA FROM AN A PLUS HUMAN BEING.
TEXT KEYWORD DELTA WHEN THE POLLING BEGINS.
I'LL TELL YOU WHEN.
FAITH?
>> THANK YOU, ASHLEY.
IF YOU THOUGHT THE NEWS ABOUT GAME STOP WAS EXCITING, JUST WAIT UNTIL YOU HEAR ABOUT THIS INNOVATION.
>> MY NAME IS JOHN WOOTEN.
THE TEAM IS BLACK TRANSFER.
FIRMS WASTE BILLION OF DOLLARS EVERY SEASONINGLE YEAR ON A FINANCE FIRM FOR WHAT ESSENTIALLY AMOUNTS TO A GLORIFIED EXCEL SPREAD SHEET.
I WAS WRITING THIS BIG TERM PAPER AND AT THE END I REALIZED WE COULD APPLY EVERYTHING IN IT TO THE STOCK TRANSFER MARKET AND THAT'S WHEN I DECIDED TO REALLY START WORKING ON THE TECHNOLOGY.
I ALWAYS HAD A PASSION FOR TRADING STOCKS.
SOME OF MY BEST NUMBERS IN HIGH SCHOOL ARE TRADING THE OPENING BELL IN PHYSICS OR GOING THROUGH PORTFOLIOS IN SCIENCE TEACHER DOES A LAB.
BLACK TRANSFER IS CURRENTLY S.E.C.
COMPLIANT.
WINNING THE INVENTURE PRIZE WOULD ALLOW US TO RETAIN THE TOP TALENT NEEDED.
>> OKAY, LET'S MEET THE TEAM.
HELPING SIMPLIFY THE OPEN STOCK TRANSFER PROTOCOL, AND IF WE'RE LUCKY, GIVE US A FEW HOT STOCK TIPS.
IT'S BLOCK TRANSFER.
>> THANK YOU.
AS A KID, MY DAD WOULD COME HOME AFTER CLOSING MULTIBILLION DOLLARS BOND DEALS, WHICH I THOUGHT WAS JUST THE COOLEST.
I GOT HOOK IN THE HIGH SCHOOL AND IT'S COMPLETELY CHANGED BY LIFE.
ONE THING I REALIZED EARLY ON IS THERE'S A LOT OF INEFFICIENCIES.
THERE'S AS MUCH AS 11 MIDDLEMEN IN ANY GIVEN TRADE.
ONE OF THE FIRMS IS CALLED A TRANSFER RATE AND IT'S ONE OF THE REASONS WHEN YOU BUY GAME STOP STOCK IT MIGHT LOOK LEAK YOU GET FILLED IN IMMEDIATELY BUT THAT'S A LOT MORE GOING ON.
YOU WOULD SPEAK TO SEVEN PEOPLE WHO PROCESS THE TRADE OVER WEEKS IN A SLOW AND INSUFFICIENT PROCESS AND ALL THESE PEOPLE HAVE TO GET PAID.
THEY RECORD A LEDGER THAT LOOKS SIMILAR TO THIS, KEEPING TRACK OF ALL THE SHAREHOLDERS OR DEBT HOLDERS FOR A FIRM.
THE WAY IT'S IMPLEMENTED IS FUNDAMENTALLY FLAWED.
AS YOU SEE ON THE LEFT, THERE'S ONE BIG TRUST THAT'S CENTRAL.
THAT PARTY CHARGES A LOT OF MONEY FOR SOMETHING THAT COSTS VERY LITTLE.
AND BECAUSE ALL THE TRUST IS DELEGATED TO ONE CENTRAL, THE MORE THEY CHARGE, THE MORE SURE THEIR ACCOUNTING APPEARS.
I APOLOGIZE, I DON'T HAVE THE MEAN OF $400,000 THEY CHARGE A YEAR, BUT THIS FIRM ALONE IS $1.44 BILLION EVERY YEAR IN THE U.S. OF WASTED SHAREHOLDER MONEY THAT SHOULD BE PUT TO A HIGHER USE.
IF YOU LOOK TO YOUR RIGHT, YOU'LL SEE A DECENTRALIZED BLOCK SHEET.
IT WAS CREATED FOR THE SOLE PURPOSE OF RECORDING LEDGERS JUST LIKE THIS ONE.
WE'VE TAKEN THE TRANSFER AGENT PROTOCOL AND CREATED A SYSTEM OF TOKENIZING INDIVIDUAL AS SETS FOR PUBLIC FIRMS AND ACTING AS THE REGULAR STORY INTERIMMEDIATE AREA WITH CONTRACTUAL OBLIGATIONS WITH THE FIRMS SO ALL THEIR -- COMPLETE AND ALL THEIR ACCOUNTING IS BASED ON A DECENTRALIZED PROTOCOL.
FOR THE SHAREHOLDERS IT GIVES THEM IMMEDIATE ACCESS, LETS THEM TRANSFER FASTER WHILE GIVING THEM MORE SECURITY BECAUSE THERE'S NO CENTRAL POINT OF FAILURE.
FOR THE 40,000 FIRMS THAT HAVE TO PAY, THEY TAKE THEIR LIST, TRANSFER.
IT'S LIKE NOTHING HAPPENED THE LAST WEEK.
EVERYTHING WORKS THE SAME, EXCEPT THE FIRM'S BILL PLUMMETS.
IT'S MUCH CHEAPER.
WE HAVE HAD 38 FIRMS WHO WANT US TO BE THEIR TRANSFER FIRM.
I'M JUST SO PROUD SAY WE'RE MAKING THIS HAPPEN, BECAUSE THE CENTRALIZING THE TRANSFER MARKET IS THE FIRST STEP TO OPENING THE MARKETS TO BILLIONS OF PEOPLE ON THIS PLANET WHO DON'T HAVE ACCESS TO QUALITY EQUITY.
>> THANK YOU.
HERE I THOUGHT STOCK TRANSFER AGENT PROTOCOL WAS THE TITLE OF THE NEW "MISSION: IMPOSSIBLE" MOVIE.
LET'S CRUISE OVER TO OUR JUDGES TO LIVE AND LEARN MORE.
BLAKE, THANK YOU FOR THE HEAD NOD.
WHY DON'T YOU TAKE THE FIRST QUESTION.
>> WHAT'S THE GO MARKET FOR THIS.
WHAT HAS TO CHANGE IN THE INDUSTRY?
SOLUTION BASED ON THAT TECHNOLOGY, BUT WHAT ELSE HAS TO CHANGE FOR THAT TO WORK IS THIS.
>> TRANSFER IS HIRED BY THE UNDERSTOOD LYING COMPANY, SO REALLY IT'S ONE OF THE SIMPLEST INDUSTRIES IN ALL OF SCIENCE.
YOU ONLY HAVE TO INTEGRATE WITH THE UNDERSTOOD LYING FIRM, SO AS LONG AS YOU FILE SOME OF THEIR REGULATORY DOCUMENTS -- AND ANYONE WANTS TO TRADE THE STOCK THEY'RE GOING THROUGH YOU.
SO IT'S REALLY JUST GETTING IT TO THE FIRM BY ESSENTIALLY OFFERING A COMMODITY SERVICE FOR SIGNIFICANTLY LESS WITH MUCH MORE SECURITY.
>> DEV?
>> I WANT TO HEAR MORE ABOUT THE 38 FIRMS THAT HAVE REACHED OUT TO YOU.
WHAT KIND OF DEMOGRAPHIC OR MARKET CAP ARE THESE KINDS OF COMPANIES?
>> WE'RE INITIALLY TARGETING THE U.S. MARKET BECAUSE I HAVE MUCH MORE COMFORT IN THAT REGULATION THAN ANYWHERE ELSE.
IT RANGE A LOT.
YOU'VE GOT BIGGER FIRMS.
$1.8 BILLION IS A HIGHER END, AND THEN JUST PINK SHEETS.
IT RANGES.
>> HOW DO YOU MAKE MONEY?
I UNDERSTAND WHAT YOU'RE DEVELOPING.
WHAT'S THE PROCESS TO CAPTURE REVENUE, AND WHAT IS THAT DIFFERENT THAN CURRENT STOCK TRANSFER AGENTS ARE DOING?
>> YOU BET.
THE WHOLE ACCOUNTING PROCESS IS DECENTRALIZED ONCE YOU TOKENIZE THE SECURITY.
BUT AT THE END OF THE DAY THEY HAVE TO HAVE A TRANSFER AGENT BY LAW, SO WE'VE CREATED IT IN A WAY -- WE'RE CONCERNED ABOUT THE STABILITY OF IT.
SO THERE'S A LOT OF FALLBACKS IN THE EVENT WE EXEXPLODE, EVERYONE GOES DOWN IN A PLANE CRASH.
BUT IN GENERAL IT'S SIMILAR TO THE WAY IT NORMALLY WORKS.
CONTRACT WITH THE FIRM.
THEY PAY YOU MONEY.
IT'S A TRANSFER AGENT.
IT'S JUST A DIFFERENCE IN THE ACCOUNTING FUNCTION, AND ASIDE FROM THAT IT'S A SIMILAR PROCESS THAT'S CURRENTLY BEING PRACTICED.
>> NASHLIE?
>> WHAT ARE SOME OF THE CLOSEST COMPETITORS IN THE BLOCK TRANSFER SPACE, HOW ARE YOU SETTING YOURSELF APART FROM THEM?
>> THERE'S REALLY NO ONE I KNOW OF THAT'S DOING THIS.
>> THAT'S A HUGE THING TO SAY.
>> ANY SIMILAR -- JUST ANYTHING REMOTELY -- >> I HAVE PERSONALLY NEVER SEEN ANYONE TRY TO DO ANYTHING LIKE THIS.
>> WHY DO YOU THINK THAT IS?
>> IT TOOK ME TWO YEARS RUNNING HEDGE FUNDS TO FIND OUT WHAT IT WAS.
I DON'T THINK THERE'S A LOT OF PEOPLE IN THE BLOCK CHAIN SPACE WHO HAVE THAT EXPERIENCE IN FINANCE AND NOT A LOT OF PEOPLE IN THE EXPERIENCE IN TRANSFER SPACE.
>> WENT TO GEORGIA TECH.
THROW THAT OUT THERE.
>> WHAT'S THE VALUE PROPOSITION TO GET THE COMPANY -- I SEE THE LONG-TERM VISION, BUT IN THE BEGINNING, YOU KNOW, CHOOSING YOU OVER ANOTHER TRANSFER AGENT, WHAT IS THAT SORT OF NEAR-TERM VALUE PROPOSITION?
>> REALLY MOST OF WHAT WE'RE TARGETING ARE FIRMS THAT ARE ALREADY PUBLIC, THEY'VE ALREADY BEEN PAYING TRANSFER FEES.
IT'S JUST SIGNIFICANTLY CHEAPER.
YOU'RE LOOKING AT ORDERS OF MAGNITUDE CHEAPER FOR THEM.
>> SO WHAT ARE YOU PRICING YOUR SERVICE AT?
>> YOU BET.
SO, AGAIN, WE'RE -- LAST WEEK WE WERE FINISHING EVERYTHING TO PROCESS PAPERS.
.
WE JUST PUBLISHED THIS SUNDAY, VERY, VERY RECENT.
WE'RE VERY MUCH LOOKING AT A COST OF 10 TIMES LESS THAN THE MARKET'S NORM.
AND BEING ABLE TO PRICE MORE THAN -- LES THAN A THIRD OF WHAT OUR COMPETITORS ARE CHARGING.
BASE RATE DEPENDING WHAT THE -- >> 15 SECONDS.
ANYBODY?
>> I GUESS THE SHORT QUESTION IS REGULATORY, WHAT DO YOU HAVE TO DO TO QUALIFY?
>> YOU BET.
THERE'S SIX PROGRAMS YOU HAVE TO GO THROUGH, WE'RE REGISTERED FOR ALL SIX.
>> OKAY, THAT'S IT.
I'M GOING TO HAVE TO BLOCK TRANSFER OF ANYMORE DECENT RALIZING TO GLOBAL FINANCIAL MARKETPLACE, WHAT A GREAT IDEA.
I ONCE DECENTRALIZED THE DEEP SPACE TRADING CARD MARKETPLACE, BUT NO ONE CARED.
I DESERVE THAT.
THANK YOU, TONY.
ASHLEY, HELP ME.
WHOM ARE YOU WITH TO TELL US MORE?
>> HELP IS ABOUT WAY.
I'M WITH SOMEONE WHO TAKES STOCK IN JOHN'S INVENTION.
THIS IS HIS FRIEND JAKE.
HE DROVE FROM CHARLOTTE, NORTH CAROLINA, AND I DON'T REIMBURSE MILEAGE.
JOHN HAS A PROFOUND PASSION FOR STOCK TRADING.
WHERE DOES IT COME FROM?
>> JOHN STARTED TRADING STOCKS BACK IN HIGH SCHOOL.
HE WROTE THE BOOK 9:00 TO NOON AS A JUNIOR IN HIGH SCHOOL.
HE CREATED A INVESTING CLUB.
HE PACKED THE ROOM.
HE HAS A YOUTUBE CHANNEL, A PODCAST THAT PEOPLE CAN LISTEN TO.
I LEARN ADD LOT FROM HIM.
HE'S A TRUE ENTREPRENEUR.
HE SLEEPS 20 MINUTES EVERY FOUR HOURS.
YOU HAVE TO BE DIFFERENT.
HE HAS THAT.
>> TO BECOME A -- USE KEYWORD BLOCK.
I TRANSFAR BACK TO YOU, FAITH.
>> THANK YOU, ASHLEY.
TONIGHT WE ARE SEEING OUR SIX STELLAR FINALISTS.
THIS STARTED WITH MORE THAN 50 TEAMS JUST BECAUSE YOU WON'T SEE ALL THEM TONIGHT IT DOESN'T MEAN THE TEAMS ARE DONE.
ONE OF THE KEYS TO INVENTION IS REINVENNES.
LET'S LOOK AT SOME OF THE TEAMS YOU MIGHT SEE, OH, MAYBE NEXT YEAR.
>> I'M JOEL.
>> I'M WILL.
>> AND WE ARE THE TIP JAR.
>> WE'RE TEAM STRAGGLING.
>> I'M TEAM MIND HOLD.
>> THE NAME OF OUR COMPANY IS TETRA MEET.
WE JOIN ONLINE MEETINGS AND TRACK INTERRUPTIONS AND SPEAKER VARIANTS TO GET A QUANTIFY COMMUNICATION OF THE EQUITY.
>> PERHAPS SUMMARIZING THE INVENTION IN ONE SENTENCE MIGHT BE HELPFUL.
>> CARD BOARD TRASH CANS IS A FLAT PACK TRASH CAN AIMED FOR SUSTAIN ZBLBLT IT'S CLEVER WHAT YOU'VE DONE.
>> I INVENTED A WAY TO KILL FLIES WITH A LASER GUN.
>> WHAT EVIDENCE DO YOU HAVE THAT THIS WILL WORK?
>> WE'RE TEAM PLUTO AND DESIGNED A SUSTAINABLE DRIP COFFEE MACHINE.
>> TIP JAR IS A MOBILE APPLICATION TO HELP GENERAL "Z" REACH FINANCIAL INDEPENDENCE.
>> I IF TURN IT ON, YOU CAN HEAR STEREOSPEAKER.
OTHERWISE IT WOULDN'T BE A PROPER LASER PHONE.
>> I HAVE A QUESTION.
>> SO MANY FIES GOT INTO MY FOOD.
>> CONGRATULATIONS.
IT'S GREAT TO KNOW SOMETHING YOU INVENTED CAN CHANGE PEOPLE'S LIVES.
>> I DON'T KNOW IF THE JUDGES WANT A LAZAR GUN THAT CAN CHANGE PEOPLE'S LIVES.
BUT I'M HERE FOR THE PEOPLE'S CHOICE AWARD, SO VOTE FOR ME.
>> MAD PROPS.
BUT YOU KNOW WHAT?
I'M KIND OF OLD SCHOOL.
JUST CALL ME THE SWAT TEAM.
>>> A CASE IS A CASE FOR JUST IN CASE ONLY WHEN THE IT'S "B" CASE BECAUSE THE CASE IS A CASE WITH A CAUSE.
DID YOU FOLLOW THAT?
IF NOT, JUST KNOW THE NEXT CASE IS B CASE.
>> HI.
I'M TEAM "B" CASE.
MILLIONS OF WOMEN TAKE BIRTH CONTROL PILLS EVERY DAY.
DAO TO THE RATE OF NOT TAKING BIRTH CONTROL PILLS CONSISTENTLY THERE ARE HUNDRED THOUSAND UNWANTED PREGNANCY IN THE UNITED STATES ALONE.
I REACHED OUT TO 300 WOMEN ACROSS 70 UNIVERSITIES TO HONE IN ON THE PROBLEM AND FIND A WAY TO SOLVE IT.
♪♪ AFTER MONTHS OF IDEATION AND PROTOTYPING I CAME UP WITH A SOLUTION THAT COULD HELP THE ROUGHLY 4 MILLION WOMEN WHO FORGET TO TAKE THEIR BIRTH CONTROL BILL BECAUSE AN ALARM GOES OFF.
IT WAS INSPIRED BY A FRIEND OF MINE.
SHE CONSISTENTLY FORGOT TO TAKE HER BIRTH CONTROL SO I SET OUT TO HELPER.
IT WILL WIN THIS YEAR'S INVENTURE PRIZE BECAUSE FOR TOO LONG MEN HAVE BEEN DESIGNING PRODUCTS FOR WOMEN, AND I'M HERE TO CHANGE THAT.
>> OKAY, SO THIS IS A KIND OF BLOCK TRANSFER, TOO, ISN'T IT?
ALL RIGHT, DK, STATE YOUR CASE.
>> EACH YEAR, 25,000 PIM WHO USE ORAL CONTRACEPTIVES EXPERIENCE AN UNPLANNED PREGNANCY DESPITE TAKING THEIR MEDICATION AT THE SAME TIME EVERY DAY.
THIS MEANS THERE'S STILL A 3% FAILURE RATE, AND HEY, NOBODY'S PERFECT.
THE TYPICAL FAILURE RATE IS 7%.
WHICH MEANS 500,000 UNPLANNED PREGNANCIES EACH YEAR IN THE U.S. ALONE.
BIRTH CONTROL PILLS ARE DESIGNED TO BE TAKEN AT THE SAME TIME EVERY DAY SO MISSING THE WINDOW BY AN HOUR CAN GREATLY EFFECT THE FAILURE RATE.
AFTER SPEAKING WITH 300 WOMEN I LEARNED THAT FORGETTING TO TAKE BIRTH CONTROL IS A PRIMARY CONCERN FOR THEM.
I WAS SHOCKED TO HEAR WHY IT WAS A PROBLEM.
I ASKED WHY?
WHY DO SO MANY WOMEN STRUGGLE TO TAKE BIRTH CONTROL?
40% OF WOMEN FORGET BECAUSE THEIR ALARM GOES OFF AND THEIR PILLS AREN'T ON HAND.
FIRST COMES B CASE A SECURE BIRTH CONTROL STORAGE THAT ATTACHES DIRECTLY TO THE BACK OF OUR PHONE.
IT'S DESIGNED TO HELP WOMEN TAKE THEIR CONTROLS BY ENSURING THEIR PILLS AND ALARM ARE ALWAYS IN THE SAME PLACE.
IT ADDS CONVENIENCE TO BIRTH CONTROL.
FLIP YOUR PHONE OVER AS SOON AS THE ALARM GOES OFF AND TAKE YOUR PILL.
EASY AS THAT.
I EXPLAINED THE GRAVITY OF THE PROBLEM AND HOW I'M GOING FIX IT.
YOU MIGHT BE WONDERING WHY ME?
MY NAME IS SAMMIE HASEN AND I'M A FOURTH-YEAR BIOLOGY STUDENT.
MY VISION IS TO CREATE A SUITE OF INNOVATIVE PRODUCTS FOR WOMEN.
AND BCASE IS JUST THE START.
I PROJECT THAT BCASE CAN CAPTURE 300% OF THE MARKET IN THE FIRST TWO YEARS THROUGH USE OF PARTNERSHIPS AND SOCIAL MEDIA ADVERTISEMENTS.
THERE ARE SMART BIRTH CONTROL CASES ON THE MARKET, BUT WHAT GOOD IS IT IF YOUR CASE IS SITTING AT HOME?
IT'S THE FIRST BIRTH CONTROL CASE TO ATTACH DIRECTLY TO YOUR PHONE.
I'VE DONE BETA TESTING WITH 15 WOMEN AND FOUND A CONTRACT FOR MANUFACTURING WITH PRODUCT QUICK START.
I'M SO THRILLED TO SHARE THAT MY KICK STARTER WAS FULLY FUND IN THE UNDER 24 HOURS.
WINNING INVENTURE PRIZE WILL ENSURE I CAN PAY FOR THAT KICK START TO CONTINUE TOOLING PRODUCTION.
MOST IMPORTANTLY, THE MONEY WILL HELP ME PAY FOR TOOLING.
IT WILL ENSURE THAT BCASE IS A SCALEABLE VENTURE.
IF YOU HAVE ANY QUESTIONS I'D BE SO HAPPY TO ANSWER THEM.
THANK YOU VERY MUCH.
>> YOUR PASSION CANNOT BE CONTROLLED.
I LOVE IT.
LET'S CASE THIS JOINT.
DEV, YOU WANT TO TAKE THE FIRST ONE?
>> SURE.
SOUNDS LIKE YOU FOUND A GENUINE PROBLEM TO SOLVE.
WHO DO YOU PREVENT COMPETITORS WHO ARE GOING TO BE LISTENING IN FROM MAKING WHAT YOU'RE MAKING?
>> WHAT I FOCUS ON IS REALLY TRYING TO BUILD THE STRONGEST PORTFOLIO.
I SUBMITTED A DESIGN PATENT AND WE'RE WORKING ON SWITCHING TO UTILITY.
IT'S A SIMPLE PRODUCT, A SIMPLE DESIGN.
WE'RE MOVING QUICKLY AND TRADEMARKING EVERYTHING SO WE CAN BUILD A BRAND.
AND REALLY THE MANTRA IS JUST MOVE QUICKLY AND BILL AS MUCH TYPE AS YOU CAN WHILE PROTECTING WHAT WE'RE ABLE TO PROTECT.
>> IN CASE THERE ARE PEOPLE WHO DIDN'T GO GEORGIA TECH IN THE AUDIENCE, I.P.
STANDS FOR INTELLECTUAL PROPERTY.
>> I AGREE, IT'S A CONCERN, BUT WHY THE FOCUS ON BIRTH CONTROL PILLS?
IS THAT NOT A PROBLEM FOR ALL KINDS OF PILLS?
>> THE WAY I'VE STRUCTURED I.P.
IS FOR ANY MULTIPILL PACK, BUT MOY FOCUS IS ON IMPROVING LIVE OS OF WOMEN, BUT I'M ABLE TO SCALE IT IN MULTIPLE WAYS.
>> ARE YOU ASSUMING THE ALARMS ARE ON ANY PARTICULAR APP THAT ARE FOCUSED ON OTHER THINGS LIKE REGULATING CYCLE, OR JUST A PURE ALARM ON THE PHONE?
>> THE WAY I DESIGNED IT, I WANTED TO MAKE SURE IT WAS THE SIMPLEST PRODUCT.
ALL IT DOES IS HOUSE THE PILLS.
SO ANY CURRENT SYSTEM YOU USE TO REMIND TO YOU TAKE YOUR APPLICATION.
IT CAN WORK IF YOU USE AN ALARM APP, AN APP BUILT INTO THE PHONE.
>> WHAT DOES VERSION 2 LOOK LIKE FOR THE BCASE.
>> VERSION 2 IS -- RIGHT NOW IT'S A UNIVERSAL MODEL AT IT FITS 8 OF THE TOP 10 BRANDS, BUT THERE ARE SMALLER BIRTH CONTROL PACKS, SO I'D THROBBING ACCOMMODATE PACKS TO CARRY SOMETHING SMALLER IF THEY WANT TO.
>> YOU SAID YOU'RE FOURTH YEAR.
YOU'RE GRADUATING SOON.
ARE YOU PLANNING ON WORKING ON THIS FULL-TIME AFTER YOU GRADUATE?
>> I THINK GRADUATING DECEMBER OF NEXT YEAR, WHICH IS GREAT BECAUSE I HAVE TO REST OF TIME TO WORK ON IT, AND WHAT BETTER WAY TO WORKEN A STARTUP THAN WHEN YOU'RE IN COLLEGE?
SO, YES, I PLAN TO WORK ON THIS AFTER COLLEGE AS WELL.
>> WE'VE GOT A COUPLE OF MINUTES.
>> I'M GOING ASK ABOUT NUMBERS AGAIN.
HOW MUCH DOES IT COST TO MAKE AND HOW MUCH ARE YOU SELLING IT FOR?
>> YOU'RE ON BRAND.
>> THE BIGGEST REASON I'D LIKE TO WIN THE PRIZE IS I HAVE BEEN THREE-D PRINTING.
IT'S $100.
AS SOON AS I GET DOWN TO INJECTION MOLDING IT WILL BE $3.
>> I HAVE 15 PEOPLE BETA TESTING IT.
THROUGH KICK STARTER I'VE SOLD 80 TO 90 CASES.
>> IS YOUR GOAL TO MANUFACTURE THIS IN YOUR OWN MANUFACTURING PLANT LOCALLY?
>> YEAH, SO I WOULD SAY EVENTUALLY I WOULD LIKE TO DO THAT.
RIGHT NOW IT'S CHEAPEST AND EASIEST TO WORK THROUGH COMPANIES LIKE PRODUCT QUICK START, BUT EVENTUALLY I WOULD LIKE TO DO IT ALL IN HOUSE AND HANDLE IT MYSELF.
>> WHEN YOU TALK TO THE WOMEN IN YOUR CUSTOMER DISCOVERY WAS THERE ANY CONCERN ABOUT THE ADVERTISING OR STIGMA OF HAVING THIS CASE?
>> THE BIGGEST THING I WANTED TO FOCUS ON WAS MAKING IT DISCREET, SO IT CAN BE THAT AND THERE'S A COOL STICKER PACK I DESIGNED SO IF YOU WANT TO BE LOUD AND PROUD YOU CAN DO THAT AS WELL.
IT LOOKS NO DIFFERENT THAN A -- YOU HAVE ON YOUR PHONE.
IT CALLS NO ATTENTION.
IT SAFELY STORES BIRTH CONTROL.
>> I GOT TO KNOW WHAT THE STICKERS SAY.
>> IT'S A BUNCH OF LITTLE DESIGNS.
THEY'RE REALLY COOL.
>> OKAY.
NOT, I'M ON BIRTH CONTROL.
OKAY, I THINK THAT'S IT.
THANK YOU JUDGES AND THANK YOU, SAMMIE.
LET'S LEARN MORE ABOUT THIS UNIQUE ITEM.
ASHLEY, WHOM DO YOU HAVE WITH YOU?
>> FOR A LITTLE BCASE IN POINT, I HAVE SAMMIE'S FRIEND.
MARY KATHERINE, HOW WOULD YOU USE THIS INVENTION TO IMPROVE YOUR PERSONAL BIT CONTROL ROUTINE?
>> I TAKE MY BIRTH CONTROL PILL EVERY SINGLE DAY AT 2:50 P.M. THAT'S A HARD TIME TO HIT ON THE GO.
MY PILLS COME WITH THIS PLASTIC SLEEVE WHICH IS VIRTUALLY USELESS.
I THROW IT IN THE TRASH.
MY SOLUTION WAS TO THROW MY PILLS IN THE WALLET.
THE BCASE SOLUTION IS FUNCTION AND PORTABLE.
IT'S ALMOST LIKE A PHONE WALLET AND A BIRTH CONTROL CASE GOT TOGETHER AND HAD A BABY.
>> THAT IS AN IRONIC METAPHOR.
NOT WINNING THE PEOPLE'S CHOICE AWARD, WHICH WOULD BE A TOUGH PILL FOR BCASE FANS TO SWALLOW.
>> THANK YOU, ASHLEY THEM WHOLE THING MAKES ME WISH I WAS STILL ON BIRTH CONTROL PILLS.
READY PLAYER 6.
IT'S TIME TO START PROTO.
OUR NEXT INNOVATION TEAM WANTS TO MAKE MAKER SPACES SAFER AND MORE EFFICIENT.
♪♪ >> HI, MY NAME'S TIM AND TOGETHER WITH MY COFOUNDER ZACH WE ARE SAFE PROTO.
IT'S A PLACE ON CAMPUS WHERE STUDENTS CAN MAKE ANYTHING THEY WANT.
GEORGIA TECH HAS 23 MAKER SPACES.
THE BIGGEST OF WHICH ARE INVENTOR'S STUDIO AND THE HIVE.
QUITE FRANKLY I'VE LEARNED MORE THERE THAN I HAVE IN MY CLASSES.
CAN I SAY THAT?
♪♪ WE'VE TALKED TO MAKER SPACES AROUND THE COUNTRY, AND THEY'VE FACED MANY OF THE SAME CHALLENGES THAT GEORGIA TECH DOES.
STUDENTS CAN WALK UP AND TURN ON ANY TOOL THEY WANT, WHICH PUTS THEMSELVES AND OTHERS AS RISK.
THEY'VE THROWN STAFF AND SPREAD SHEETS AT THESE PROBLEMS FOR YEAR, BUT NOBODY FOUND A SOLUTION UNTIL NOW.
THE WORLD NEEDS MORE MAKER SPACES AND MAKER SPACES NEED START PROTO.
>> THEY WANT TO CREATE A SAFETY AND ANALYTICS SYSTEM TO CONTROL ALL SHARED TOOLS IN THE MARKETPLACE.
WHO DOESN'T, AM I RIGHT?
IT'S TIME TO STARTPROTO.
>> WHAT DOES ALMOST EVERY INVENTURE PRIZE TEAM HAVE IN COMMON?
THEY BUILT THEIR PRODUCT IN A MAKER SPACE.
A MAGICAL PLACE WHERE STUDENTS HAVE ACCESS TO EQUIPMENT TO MAKE ANYTHING THEY WANT.
THE VALUE IS UNDENIABLE AND UNIVERSITIES EVERYWHERE ARE IN A MULTIMILLION DOLLARS ARMS RACE TO -- BUT THERE'S A CATCH.
MANY SPACES ARE INCREDIBLY DANGEROUS.
THEY CAUSE STUDENT INDUSTRIES AND IN COME CASES, STUDENTS HAVE DIED.
WE'RE ON A MISSION TO SOLVE THE ISSUE -- A PROBLEM ZACH AND I FELT PERSONALLY.
AFTER TALKING TO DOZENS OF MAKER SPACE MANAGERS WE TREATED THE START PROTOSYSTEM.
A PATENT PENDING DATA DRIVEN ACCESS CONTROL SYSTEM FOR SHARED TOOLS.
FOR USER IT'S SIMPLE.
TAP YOUR I.D.
OF THE TOOL YOU WANT TO USE.
IF YOU'RE TRAINED THE SYSTEM ENABLES POWER TO THE TOOL AND YOU'RE READY TO MAKE.
USERS CAN SCHEDULE TIME AND QUEUE ON TOOLS AND REQUEST TRAINING ON DEVICES.
FOR STAFF WE ALSO PROVIDE INSIGHT INTO HOW THEIR SPACE IS RUN, SUCH AS PEAK USAGE STATISTICS AND EVEN PREDICTIVE MAINTENANCE INTERVALS.
WHILE WE KNEW STAFF WOULD FEEL MORE AT EASE, NEW USERS ALSO FELT COMFORTABLE IN THE SPACE.
IT'S ATTRACTED ORGANIC UNSOLICITED INTEREST FROM MAKER SPACES AND THE WORLD.
WE TALKED TO LIAM IN CALIFORNIA, THE STUDENT LEADERSHIP TEAM OF SHEFFIELD UNIVERSITY ABOUT HOW MUCH THEIR SPACES NEED OUR SYSTEM.
WE'VE PARTNERED WITH GEORGIA TECH, WITH PRODUCTION UNITS GOING IN NEXT WEEK, AND WE ARE PROUD TO ANNOUNCE THAT WITHIN THE LAST TWO WEEKS ALONE WE SIGNED UP ANOTHER THREE MAKER SPACES TO TEST THE PRODUCT.
WE'RE LOOKING AT MAKER SPACES IN HIGH SCHOOLS, COMPANIES AND LAB SPACES.
WE'RE LOOKING AT AN ADDRESSABLE MARKET SIZE OF OVER $100 MILLION.
A MARKET THAT'S GROWING 30% YEAR OVER YEAR.
BUT FOR US, MAKER SPACES ARE JUST THE BEGINNING.
WE HAVE BEEN APPROACHED FROM PEOPLE IN THE INDUSTRY ABOUT APPLYING TO ISSUES THAT ARE BILLIONS OF DOLLARS ANNUALLY.
BY WINNING INVENTURE PRIZE WE WOULD GET A BOOST TO PROTECT THE IDEA, ADD TEAM, AND SUPPORT GROWING DEMAND.
OUR TEAM IS PERFECTLY POSITIONED TO BE AT THE FOREFRONT HELPING MAKER SPACES RUN FASTER AND SMARTER.
THANK YOU.
>> WELL PRESENTED.
JUDGES, START YOUR ENGINES AND START QUESTIONING STARTPROTO.
NASHLIE, DO YOU WANT TO START?
>> I'M EXCITED ABOUT THIS.
I'M OPENING A MAKER SPACE IN JACKSON, MISSISSIPPI.
MAYBE PILOT CUSTOMER YOUR PRODUCT.
BUT I'M JUST CURIOUS, MOST OF THE TIME PEOPLE DON'T LIKE TO READ INSTRUCTIONS, SO WHAT WAYS ARE YOU ENSURING THAT PEOPLE ARE ACTUALLY GOING USE YOUR PRODUCT BEFORE HEADING STRAIGHT TO THE TOOLS?
>> OUR DEVICE SITS ON EVERY SINGLE TOOL.
YOU CAN'T TURN ON THE TOOL UNLESS YOU SIGN INTO OUR SYSTEM.
AND AS FAR AS THE INTERFACE GOES YOU DO JUST NEED TO ATTACH YOUR CARD.
FOR YOURSELF LIKE A MAKER SPACE MANAGER YOU CAN TAP THE THING AND MOVE PEOPLE AROUND THE QUEUE.
YOU CAN DO ADVANCED FUNCTIONALITY.
IT'S ENFORCED JUST BY THE FACT YOU CAN'T USE THE TOOL WITHOUT IT.
>> SO YOU'RE GOING IN, ACTUALLY ADHERING YOUR ADVICE INTO THE INTERFACE OF WHATEVER THE TOOL IS?
OKAY, GOTCHA.
>> WHAT TOOLS DOES IT WORK WITH TODAY?
THAT WAS MY QUESTION.
HOW DO YOU COVER THAT BROAD SPECTRUM AND BE ABLE TO CONTROL -- YOU KNOW, BEING THE I BELIEVE TO TURN IT ON OR USE IT?
>> OUR FIRST DEMO WHEN WE WORKED ON 240 VOLT TOOLS BUT SINCE EXPANDED TO INCLUDE EVERYTHING TO THREE-PHASE WELDERS.
THOUGHT OF THE ELECTRICAL CONSTRAINTS THERE.
WE'RE DEVELOPING A USB TYPE INTERFACE THAT CONTROLS AS A MUCH MORE GRANULAR LEVEL.
>> DEV, ARE YOU GOING TO ASK ABOUT NUMBERS?
DON'T LET ME DOWN.
>> I WILL IN A MOMENT, BUT FIRST I'D LIKE TO HEAR ABOUT HOW YOU DIFFERENTUATE YOURSELF FROM COMPETITION.
THE GEORGIA TECH BIOMEDICAL ENGINEERING DEPARTMENT HAD A SYSTEM THAT REQUIRES YOU TO HAVE OWE BUZZ CARD TO TURN ON OR OFF SYSTEMS.
WHAT'S DIFFERENT?
>> WE KNOW OF THAT.
WE TIED TO IMPLEMENT THAT SYSTEM AS WELL, AND IT WAS SUCH A PAIN.
REALLY WHERE WE DIFFERENTIATE OURSELVES IS THAT IT'S VERY EASY TO USE, AND FOR SCHOOLS THAT DON'T HAVE SYSTEMS LIKE GEORGIA TECH, WE'RE ONE OF THE ONLY ONES AND WE PROVIDE THE SUPPORT THAT THESE MAKER SPACES NEED TO STAY RUNNING DAY-TO-DAY.
>> HOW MUCH DOES IT DOS IMPLEMENT IT?
>> SURE, YEAH.
I CAN GO INTO A LITTLE BIT MORE ON THE NUMBERS TIMED WE FOUND MAKER SPACES WANT TO PAY FOR THE SERVICE WE PROVIDE.
IN TERPS OF GETTING THE ANALYSTICS AND ACCESS CONTROL.
JUST IN OUR INITIAL DISCOVERY WE HAVE BEEN PUSHING AROUND, IT LOOKS TO BE IN THE $15 TO $30 PER MONTH RANGE PER TOOL.
SO WE FEEL LIKE WE'RE GOING TO BE ABLE TO GET A MARKET -- OR PEOPLE TO BUY IT AT THAT PRICE.
>> FOR THESE MAKER SPACE BUDGETS, I THINK UNIVERSITY OF KNOXVILLE JUST PUT $129 MILLION INTO THEIR MAKER SPACE, SO THEY REALLY -- LIKE, THEY'VE ALREADY COMMITTED FAMILY, AND A SYSTEM LIKE THIS IS REALLY JUST SOMETHING THAT WILL HELP THEM SUCCEED, SO IT'S REALLY IMPORTANT FOR THEM.
>> SO THERE'S OTHER SAFETY SYSTEMS.
WHAT MAKES THIS UNIQUE?
WHY DON'T THOSE WORK IN THIS MAKER SPACE ENVIRONMENT?
>> YEAH, AGAIN, THIS IS SOMETHING THAT WE TRIED.
TWO YEARS AGO THERE WAS AN INDUSTRIAL THING THEY TRIED TO MARKET TO MAKER SPACES AND IT DIDN'T HAVE TO USER INTERFACE.
IT'S BASED ON HIGH LEVEL.
MACCER SPACE IS SOMETHING THAT'S GEARED TOWARDS THEM, AND THAT'S EXACTLY WHAT WE'RE PROVIDING.
>> WE HAVE ABOUT 30 SECONDS LEFT.
NASHLIE, DO YOU HAVE ANY OTHER QUESTIONS?
>> ARE YOU TARGETING ANY DEMOGRAPHIC?
YOUNGER STUDENTS, OLDER PEOPLE?
I'M ASSUMING YOUR CONTINENT WILL BE TAILORED TOWARDS WHATEVER GROUP THAT IS.
>> RIGHT NOW WE HAVE BEEN TARGETING UNIVERSITY MAKER SPACES BECAUSE THAT'S WHAT WE KNOW BEST.
BUT WE'RE LOOKING TO TALK TO HIGH SCHOOL ROBOTICS TEAMS BECAUSE ALL THOSE PEOPLE HAVE SHOPS AS WELL.
WE'RE STARTING WITH THE MARKS WITH A KNOW AND LOOKING TO EXPAND OUT FURTHER INTO MAKER SPACES IN OTHER COUNTRIES OR EVEN INTO OTHER INDUSTRIES ENTIRELY.
>> ANYTHING ELSE?
>> IS THERE A PAYMENT COMPONENT TO THE MAKER SPACES?
ARE THEY USAGE BASES OR ACCESS?
>> WE WANT TO BE ABLE TO INTEGRATE THAT AT SOME POINT.
WE WANT TO TRACK USAGE.
>> WE'RE EVEN WORKING ON A SHOP FEATURE.
>> WELL DONE.
THANK YOU, TEAM STARTPROTO.
AND BELIEVE IT OR NOT, THOSE ARE THE FINAL TEAM QUESTIONS FOR THE EVENING.
IT IS TIME NOW FOR OUR JUDGES TO RETREAT TO THEIR SOCIALLY DISTANCED SPECIAL BUBBLES, THEIR JUDGING BUBBLES, SO BEGIN THE TOUGHEST JOB OF THE NIGHT, PICKING THE WINNER.
OFF YOU GO.
GOD SPEED, Y'ALL.
DON'T MAKE A MISTAKE.
ALL RIGHT.
OF COURSE WE'LL BE ANNOUNCING THOSE WINNERS IN JUST A BIT.
ALSO, IF TIME ALLOWS I DO HAVE A DANCE ROUTINE PREPARED.
[ LAUGHTER ] >> GOOD ONE.
T-BONE.
WAY TO STAY AWAKE.
YOU JUST THINK I WAS JOKING BUT -- OKAY, WHILE THE JUDGES MAKE THEIR DECISIONS LET'S TALK STARTPROTO.
>> I LIKE YOUR MOVES, FAITH.
YOU HEARD HATERS GOING TO HATE.
WELL, TECH MAKERS GOING TO MAKE.
MAKE HOW?
I HAVE NO IDEA.
I'M JOINED BY THE FACULTY DIRECTOR OF FLOWERS INVENTION STUDIO.
NOW THAT WE UNDERSTAND HOW STARTPROTO WORKS, WHY IS THIS SO SIGNIFICANT FOR MAKER SPACES?
>> ASHLEY, DATA IS EVERYTHING.
IT PROVIDES ESSENTIAL DATA HOW STUDENTS USE OR MACHINES AND HOW THEY'RE WORKING.
IT'S ALSO INTERESTING TO NOTE THAT GEORGIA TECH WAS THE FIRST TO CREATE MAKER SPACES IN EDUCATION BACK IN 2009.
TODAY, EVERY UNIVERSITY HAS ONE.
STUDENT-RUN MAKER SPACES STARTED HERE, SO IT'S ONLY A STUDENT TEAM FROM GEORGIA TECH COULD -- >> MAKER SPACES STARTS A TECH.
DR. J YOU CAN SPOKESWOMANER DOWN FOR MAINTENANCE.
IF YOU WANT STARTPROTO TO WIN THE PEOPLE'S CHOICE AWARD, TEXT START, AND DO IT NOW BECAUSE VOTING STARTS NOW.
TEXT YOUR KEYWORD -- ONLY ONE VOTE PER DEVICE WILL COUNT, AND WATCH OUT FOR AUTO CORRECT.
YOU HAVE TO PELL SOUR TEAM'S KEYWORD DIRECTLY.
I LOVE SHOWS WHERE SPELLING MATTERS.
TO SELECT SPOT HARNESS TO WIN THE PEOPLE'S CHOICE AWARD, TEXT THE WORD SPOT TO 206-792-2655.
SO VOTE FOR CADe, TEXT CADe.
SO VOTE FOR DELTA JACKET, TEXT DELTA.
IF YOU THINK BLOCK TRANSFER DESERVES THE AWARD, TEXT BLOCK.
IF YOU THINK BCASE DESERVES IT, TEXT CASE.
IF YOU THINK STARTPROTO DESERVES, TEXT START.
YOU'LL RECEIVE A CONFIRMATION TEXT AFTER YOU VOTE, BUT THAT WILL COUNT ONE TIME PER DEVICE.
SPEAKING OF THOSE DEVICES IF YOU'RE ON YOUR COMPUTER VOTE BY VISITING GPB.ORG/VOTE.
GET THE KEYWORDS SENT, AND WE'LL HAVE YOUR WORDS SHORTLY.
IN THE MEANTIME, LET'S TAKE A LOOK AT A COOL OFFSHOOT OF THE GEORGIA TECH INVENTURE PRIZE PROGRAM.
I MET WITH VALERIE KING AND HER INNOVATIVE AND ADORABLE SECOND GRADE STUDENTS IN HER ADVANCE LEARNING PROGRAM.
TAKE A LOOK.
DR. KING, YOU HELPED CREATE THE K-12 INVENTURE PRIZE FOR SECOND GRADER ♪ THEY'RE 7 YEARS OLD.
CAN THIS BE TAUGHT IN A SECOND GRADE ENVIRONMENT?
>> ABSOLUTELY.
EVERYTHING THE ABOUT THIS CURRICULUM IS EVERYTHING WE WANT TO BUILD IN WORLD CHANGERS.
A WANT EMPATHY, PROBLEM SEEKERS, PROBLEM SOLVERS.
>> YOU BUILT THEM UP SO WELL.
I GOT TO MEET THEM.
YOU'RE A SECOND GRADER.
THIS IS AN INVENTION OF YOURS, WHAT'S IT CALLED?
>> IT'S CALLED THE DOGGY BUMP COLLAR.
>> WHAT DOES IT DO?
>> IT HAS SENSORS THAT WILL HELP DOGS RUN INTO A WALL.
>> THIS IS FOR DOGS WHO ARE BLIND?
>> YES.
>> HOW DID YOU GET THE IDEA?
>> I KNOW DOGS SINCE I WAS BORN.
>> WE KNOW ABOUT SHOO FLY, DON'T BOTHER ME.
WHAT DID YOU CREATE?
>> I INVENTED THE BYE-BYE FLY.
>> WHAT DOES IT DO?
>> IT KEEPS FLEISS AWAY.
KILLING FLIES IS SAD, BUT WITH THIS, IT GOES AWAY.
>> CAN YOU TELL ME HOW THE BYE-BYE FLY OPERATES?
>> IT WORKS BY TURNING THE SWITCH ON, AND THEN THE FAN OUTSIDE AND INSIDE STARTS SPINNING.
>> THERE'S A SCENT INSIDE THAT REPELS THE FLIES.
IS THAT CORRECT?
>> YOU ARE CORRECT.
>> I LOVE A PLAY ON WORD.
THIS IS LIKE A WHOLE LOT OF LOVE BUT IT'S WHOLE OTTER LOVE.
IF THEY HAVE WHOLE OTTER LOVE THIS IS A CALMING SOOTHING CREATURE COMFORT.
WHAT DOES IT DO?
>> IT CAN TALK TO YOU.
YOU CAN TALK TO IT.
IT HAS A HAT NOR NICE SMELLS.
>> DO YOU THINK ALL KIDS SHOULD INVENT THINGS?
>> THEY SHOULD.
THEY CAN MAKE ANYTHING YOU WANT.
IT'S LIKE CREATING SOMETHING OUT OF YOUR IMAGINATION.
>> ANYONE CAN BUILD ANYTHING.
>> WHY DO YOU THINK KIDS SHOULD BECOME INVENTORS?
>> BECAUSE IT'S A LOT OF FUN AND YOU CAN HELP PEOPLE.
>> WHAT ABOUT YOU, ARIA?
>> I THINK THEY SHOULD BE INVENTORS SO THEY CAN SOLVE PROBLEMS.
>> THAT OTTER IS A TRUE GENTLEMAN.
>> THE FOR HAVING ME.
>> YOUR KIDS ARE MAKING MAGIC.
I'M BLOWN AWAY.
WHAT SKILLS DO THEY GET FROM THIS?
>> I'M SURE YOU SAW THE CONFIDENCE.
FOR 7-YEAR-OLDS TO SPEAK TO ANY AUDIENCE AS ELOQUENTLY AND ENERGIZED AS THEY WERE, THAT'S WHAT EVERYBODY SEES.
BEHIND THE SCENES WHAT I SEE ARE COMPASSIONATE KIDS THAT REALLY WANT TO MAKE A DIFFERENCE IN THE WORLD.
>> HOW DO SCHOOLS OUT THERE WHO ARE ON THE FENCE LEARN ABOUT AND IT GET INVOLVED?
>> IT'S OUT THERE FOR THEM.
K 12 INVENTURE HOSTS A K 12 CURRICULUM.
IT'S TEACHER WRITTEN AND KID APPROVED SO ALL THEY HAVE TO DO IS GET ON THE INTERNET, FIND IT AND GET BUSY CREATING.
>> OH, MAN, THANK YOU, ASHLEY.
I SEE WHERE THIS IS GOING.
NEXT YEAR THIS SHOW IS GOING TO BE HOSTED BY A TALKING OTTER.
IF ANYTHING ELSE COMES OUT OF TONIGHT, CAN WE GET WHOLE OTTER LOVE TRENDING?
THE WEBSITE K12 INVENTURE HAS EVEN MORE INFORMATION ABOUT THIS AMAZING PROGRAM.
OF COURSE, THAT ISN'T THE ONLY REMARKABLE INITIATIVE WE WANT TO SHARE WITH YOU.
WHEN THE PANDEMIC HIT, MAKER SPACES ACROSS GEORGIA TECH SHIFTED ON A DIME TO DESIGN AND MANUFACTURE MUCH NEEDED PPE, OR PERSONAL PROTECTIVE EQUIPMENT, AND TO CELEBRATE THEIR EFFORTS WE PUT TOGETHER A SPECIAL VIDEO ABOUT THE PANDEMIC RESPONSE ACROSS THE GEORGIA TECH MAKERS COMMUNITY.
♪♪ >> WHEN THE COVID-19 CRISIS HIT LAST SPRING, GEORGIA TECH FACULTY AND STUDENTS GOT RIGHT TO WORK ON TWO MAJOR FRONTS -- TESTING FOR THE VIRUS THROUGHOUT THE GEORGIA TECH COMMUNITY, AND SUPPLYING MUCH NEEDED PPE TO FRONT LINE WORKERS.
>> WE WANTED TO HAVE A SAFE, SIMPLE, AND SENSITIVE TEST.
THAT MEANT USING SALIVA, AND WE WERE ABLE TO GET THE INSTITUTE BEHIND US.
VERY QUICKLY WE WERE UP AND RUNNING 2,000 TESTS A DATE.
NEXT WAS TO GET STUDENTS.
>> WE STARTED WITH THREE TEST SITES AND THEN EXPANDED TO SIX SITES AND TWO MOBILE TESTING TEAMS THAT ALLOWED US TO DEPLOY TESTING TO POTENTIAL HOT SPOTS AND ENSURE ALL OF OUR CAMPUS COMMUNITY HAD EASY ACCESS TO REGULAR TESTING.
>> WHILE RESEARCHERS AND FACILITATORS WORKED ON TESTING, OTHER FACULTY AND STUDENTS TOOK ADVANTAGE OF THE INNOVATION CULTURE THAT'S PART OF A MAINSTAY ON GEORGIA TECH.
USING MAKER SPACES TO DEVELOP AND MANUFACTURE LIFE SAING EQUIPMENT.
>> EARLY ON IN THE PANDEMIC WE THOUGHT VENTILATORS WERE GOING TO BE A SHORTAGE.
WE DEVELOPED A SERIES OF LOW-COST VENTILATORS THAT COULD BE DEPLOYED LOCALLY.
PERHAPS THE MOST CRITICAL NEED WAS FOR EQUIPMENT TO KEEP FRONT LINE WORKERS SAFE AS THEY TWEET TREATED PATIENTS.
>> I WAS EXCITED TO BE ABLE TO USE MY SKILLS LEARN IN THE CLASS AND OUTSIDE OF CLASS IN THE INVENTION STUDIO TO MAKE INTUBATION BOXES AND FACE SHIELDS, WHICH SERVED TO PROTECT I DON'T WANT LINE HEALTH-CARE WORKER IN THE GEORGIA TECH COMMUNITY AND ABROAD.
>> IT WAS THE PROFOUND DIFFERENCE HE KNEW HE WAS MAKING AS A MEMBER OF THE GEORGIA TECH COMMUNITY.
>> BOTH MY PARENTS ARE PARAMEDICS, AND NOT ONLY WAS I HELPING THEM, I WAS HELPING FRONT LINE WORKERS AS WELL.
>> SINCE LAST SUMMER, MORE THAN 250,000 COVID-19 TESTS HAVE BEEN ADMINISTERED AT GEORGIA TECH THANKS IN LARGE PART TO THE AMAZING PEOPLE YOU JUST MET.
THAT'S JUST ASTOUNDING.
WELL, IT APPEARS THAT OUR JUDGES HAVE RETURNED.
YOU RETURNED QUICKLY.
NOBODY IS SWEATING.
THAT MEANS THE PEOPLE'S CHOICE VOTING -- BEFORE WE REVEAL THESE RESULTS -- I CAN SMELL THEM THROUGH MY MASK.
IT'S SO EXCITING.
LET'S SEE IF I CAN SHAKE OUT SOME SPOILERS.
THIS WAS A YEAR OF TIGHT RACES IN GEORGIA.
WAS THIS A TIGHT RACE?
WHAT WAS THE HARDEST PART OF YOUR DECISION?
>> FIRST, LET ME JUST SAY, WOW.
ESPECIALLY THIS YEAR WE'VE SEEN HOW IMPORTANT INNOVATION IS CHANGING HOW WE WORK AND LIVE.
IF THESE STUDENTS ARE ANY INDICATION, OUR FUTURE IS BRIGHT.
THIS WAS REALLY DIFFICULT, REALLY TOUGH.
BUT IN THE END I THINK A COUPLE TEAMS STOOD OUT, THEIR PASSION FOR VISION AND PLANS HOW THEY WOULD EXECUTE.
WE FOCUSED ON THAT.
>> De, IS IT MORE FUN TO BE A JUDGE OR A COMPETITOR?
>> DEFINITELY A JUDGE.
>> NASHLIE, WAS IT HARDER THAN YOU THOUGHT TO MAKE A DECISION?
>> IT WAS VERY HARD.
I THINK ALL THESE COMPANIES COULD EASILY BE SUCCESSFUL AND I'LL LOOKING FORWARD TO SEE WHAT YOU ALL COME UP WITH IN THE FUTURE.
>> THANK YOU, ALL.
I'M GLAD I WASN'T IN YOUR SHOES.
THANK YOU FOR YOUR EXPERTISE TONIGHT.
YOU ARE RELIEVED OF YOUR DUTIES.
I CAN'T NOT WAIT.
LET'S JUST LIGHT THIS CANDLE.
[ APPLAUSE ] >> I LOVE IT.
CAN'T GET ENOUGH OF THAT APPLAUSE.
I WOULD NOW LIKE TO INVITE A SINGLE MEMBER OF EACH OF OUR FINALIST TEAMS TO JOIN ME ON STAGE.
INVENTURE, ASSEMBLE.
THANK YOU.
NOW, PLEASE NOTE WHILE I WOULD NORMALLY DELIGHT IN HANDING THE WINNERS THE TROPHIES MYSELF, THIS YEAR WE HAVE STRATEGICALLY PLACED THEM ON STAGE FOR THE WINNERS TO STAND NEAR, IF NOT HOIST THEMSELVES.
AND HERE WE GO.
LET'S START WITH THE PEOPLE'S CHOICE AWARD WORTH $5,000.
LOVE THAT SOUND.
AND THE WINNER OF THE 2021 GEORGIA TECH INVENTURE PEOPLE'S CHOICE AWARD IS -- DELTA JACKET!
CONGRATULATIONS.
ALL RIGHT, NOW, THIS RIGHT HERE IS YOUR TROPHY, AND FOR SOCIAL DISTANCING PURPOSES WE'RE JUST GOING TO ASK YOU TO ADMIRE IT LONGINGLY FROM AFAR, BUT YOU WILL GET IT, I PROMISE.
FEEL FREE TO LOOK AT IT KNOWINGLY, KNOWING IT WILL BE YOURS.
NOW, WHAT ADVICE -- OH, OKAY, WE'RE GOING TO MOVE ON.
YOU CAN GIVE ME PERSONAL ADVICE LATER.
THANK YOU.
NOW IT IS TIME TO ANNOUNCE OUR SECOND PLACE WINNER WHO WILL NOT ONLY GET TO APPROACH THEIR TROPHY BUT WILL ALSO RECEIVE $10,000 AS WELL AS ASSISTANCE IN SECURING A PATENT.
AND THE RUNNER UP FOR THE 2021 GEORGIA TECH INVENTURE PRIZE IS -- STARTPROTO.
CONGRATULATIONS, STARTPROTO.
WHAT WAS THE BIGGEST LESSON YOU LEARNED THROUGH THIS PROCESS?
>> YEAH, JUST FOCUS ON THE CUSTOMER EXPERIENCE.
ENGINEERING ALWAYS SEEMS LOOK IT'S SUCH A PRESSING THING, BUT ULTIMATELY IT'S YOUR CUSTOMERS THAT ARE GOING TO DECIDE.
>> CONGRATULATIONS.
AND NOW IT IS TIME TO ANNOUNCE TONIGHT'S BIG WINNER, OUR FIRST-PLACE TEAM WHO WILL TAKE HOME ASSISTANCE?
SECURES A PATENT ARC SPOT IN GEORGIA'S TECH'S STARTUP LAUNCH PROGRAM AND A CHECK.
I'M SO EXCITED.
I JUST WANT TO HUG SOMEONE.
SOCIALLY DISTANCED HUGS TO ALL OF YOU.
THE WINNER OF THE 2021 GEORGIA TECH INVENTURE PRIZE IS -- DELTA JACKET!
CONGRATULATIONS.
I DO GET TO ASK YOU A QUESTION.
GOOD THINGS COME TO THOSE WHO WAIT.
WHAT DOES WINNING THE INVENTURE PRIZE MEAN TO YOU AND YOUR TEAM?
>> WELL, WINNING THE INVENTURE PRIZE MEANS I COULD HELP POTENTIALLY HUNDRED OF THOUSANDS OF PEOPLE, SO THANK YOU TO ALL OF THE PEOPLE WHO VOTED, AND THANK YOU TO ALL OF THE PEOPLE WHO HELPED ME BY HELPING ME, I WILL BE HELPING THOUSANDS OF HOMELESS PEOPLE.
THANK YOU.
>> WHAT WAS THE BIGGEST CHALLENGE THAT YOU OVERCAME TO GET HERE?
I THINK ONE OF THE BIGGEST CHALLENGES IS ACTUALLY PROTOTYPING.
ESPECIALLY PROTOTYPING WITHOUT A MAKER SPACE.
SO EVENTUALLY AFTER YOU RESEARCH THE PRODUCT THAT YOU KNOW IS GOING TO HELP SOMEONE, YOU NEED TO FOLLOW IT THROUGH AND -- >> AND THANK YOU SO MUCH FOR SHOWING US WHERE HUMANITY AND SCIENCE CAN MEET.
SO, WOW.
THAT WILL WRAP IT UP FOR US.
WHAT A WONDERFUL SHOW.
THANK YOU ALL FOR SHOWING UP IN THE WAY YOU DID.
WHAT A GREAT WAY TO CELEBRATE ANOTHER YEAR OF AMAZING INNOVATION.
IF YOU CRAVE EVEN MORE INNOVATION COMPETITION, THE ACC INVENTOR PRIZE WILL BE -- MARK IT ON YOUR CALENDAR.
I HOPE WE INSPIRED YOU TO GET INNOVATING TOO.
CONGRATULATIONS TO ALL OUR FINALISTS.
THE PEOPLE'S CHOICE WINNER, DELTA JACKET, SECOND PLACE WINNER, STARTPROTO, AND FIRST PLACE WINNER, DELTA JACKET.
BIG THANKS TO MY COHOST, ORALLY MENGWASSER, TO OUR JUDGES AND OF COURSE TO THE STALWART PRODUCTION CREW AND EVERYONE AS GEORGIA TECH WHO WORKED ESPECIALLY HARD TO EXECUTE THIS YEAR'S SHOW DESPITE SUCH CHALLENGING CIRCUMSTANCES.
AND LOOK, NEVER FORGET -- NECESSITY MAY BE THE MOTHER OF INVENTION, BUT GEORGIA TECH IS YOUR DADDY.
GOOD NIGHT, Y'ALL.
CONGRATULATIONS!
HIGH FIVE.
HIGH FIVE.
DOUBLE HIGH FIVE.
HIGH FIVE.
HIGH FIVE.
>>> FUNDING FOR THIS PROGRAM WAS MADE POSSIBLE IN PART BY --.
- Arts and Music
How the greatest artworks of all time were born of an era of war, rivalry and bloodshed.
Support for PBS provided by:
The InVenture Prize is a local public television program presented by GPB