The TechCelerator@State College Announces Winner: Kevin Houser with Lyralux!
State College, PA – On Tuesday, May 29, 2018, the Ben Franklin TechCelerator@State College awarded a cash prize to the winner of its latest Business Startup Accelerator. Five area entrepreneurs, who had been attending the Tuesday evening sessions for the past ten weeks, made pitches to a panel of local judges about their business concepts. The panel had the opportunity to ask questions related to the market the presenters planned to enter, the problem their product or service would solve, and how their idea will make money for them and future investors.
The event, which was held from 5:00 PM – 7:30 PM at 200 Tech Center Building in Innovation Park, Room 243 attracted an audience of friends and family supporters, other potential startups, and investors. The winner was Kevin Houser with Lyralux, a company that is commercializing Dim to Vivid™, a light source technology that enhances colors at low-light levels.
Other company presenters included:
- IDEAS+ is a startup that uses machine learning techniques to speed the drug target identification process.
- ColumnTek developed an economic, reliable way to offer a broad range of chiral chromatography columns, packed with chiral stationary phase materials.
- NanoSpec Instruments builds transient spectrometers for researchers in chemistry, physics, biology, and materials science. Their patent-pending technologies are high performing, faster, and less complex.
- spotLESS Materials, LLC is developing easy-to-clean surface coating products for bathroom fixtures that outperform current commercial products and allow for up to a 90% water savings.
Bob Dornich, the program’s Director, commented, “Congratulations to Kevin Houser with Lyralux! For the past ten weeks, all the participants have been going through an intensive customer discovery process. Our program is rigorous, and I’d like to applaud the collective effort as well as the winner.”
About the TechCelerator@State College: Located in the Technology Center at 200 Innovation Boulevard in State College, the TechCelerator @ State College is a partnership among several of the area’s economic development providers that offers budding entrepreneurs designated space, loan and investment programs, business support and mentoring services, and entrepreneurial training all housed in one location. For more information, go to http://www.techceleratorstatecollege.org