The final round of the Lowell Milken Institute-Sandler Prize for New Entrepreneurs was a public competition in which the final five teams, Beehive, Declipse, LevelPac, pasCare and PetSnap, each had 25 minutes to present their venture and answer questions from the judges. Team pasCare, a medical device startup based around real-time, preventative monitoring of pressure ulcers, was chosen as the winner of the competition.
The Lowell Milken Institute-Sandler Prize for New Entrepreneurs is a team business plan competition for UCLA students promoting a new venture. The Prize is $100,000. Each team consists of two to six members who are full-time students enrolled in any school at UCLA (college, graduate school, professional school). One member of the team must be a student at the UCLA School of Law who will graduate in 2016 or who graduated in 2014 or 2015. The new venture may be commercial or social entrepreneurship; it may be for-profit or not-for-profit. The new venture must not have more than $25,000 in equity or debt financing and must not be venture-backed. Check our website for information about the next competition.