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Business & Economy

LaunchPad Announces 2024 鈥機use Tank Winners

Monday, October 7, 2024, By Cristina Hatem
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alumniBlackstone LaunchPadCollege of Engineering and Computer ScienceentrepreneurshipMaxwell School of Citizenship and Public Affairs黑料不打烊 LibrariesWhitman School of Management
Three people holding an oversized check for $10,000

Phloat co-founders Nathan Thor Brekke 鈥26 (left) and Malak Aljerari 鈥27 (right) with LaunchPad program manager J Wess (middle)

黑料不打烊 Libraries鈥 Blackstone LaunchPad (LaunchPad) hosted its annual 鈥機use Tank entrepreneurial competition on Friday, Sept. 27, during Family Weekend in Bird Library. More than 35 student entrepreneur teams from various schools and colleges across campus participated in a 鈥淪hark-Tank鈥 style business pitch to win $20,000 in cash prizes. The panel of judges consisted of University parents and affiliated family members. The judges selected two first-place teams, which each won $10,000 and two honorable mention runners-up:

  • Iconnic.Cloud, founded by Waqar Hussain, G鈥25 (Martin J. Whitman School of Management), won first place for the second year in a row. Iconnic.Cloud is a fully managed cloud hosting platform, engineered with proprietary software, that crafts tailored hosting solutions.

    Two people holding an oversized check for $10,000

    Iconnic.Cloud founder by Waqar Hussain G鈥25 (left) with LaunchPad program manager J Wess

  • Phloat, founded by College of Engineering and Computer Science (ECS) students who participated in the 2024 Invent@SU program, Elijah Alexander 鈥27, Joshua John Varkey 鈥26, Malak Aljerari 鈥27 and Nathan Thor Brekke 鈥26, also tied for first place. Phloat is a phone case that has a super compact, deployable flotation feature that triggers in the event of a phone falling and sinking into deep water.
  • Gym-In, another startup from Invent@SU and founded by ECS students Alexander Hamza 鈥26, Antonio Goncalves 鈥27, Jack Friedman 鈥27 and Armani Isonguyo 鈥25 tied for runner-up. Their invention provides gym users with an app to determine how full a gym is and what machines are being used in live time.
  • Papa Box, co-founded by Aleks Djordjevic G鈥25 (Maxwell School of Citizenship and Public Affairs) and Amos Kiplimo Bungei G鈥25 (College of Engineering and Computer Science) was also tied for runner-up. The company aims to provide and scale a battery-charging infrastructure through its interoperable PAPA Boxes swapping stations in transportation hot zones in Kenya.

This year鈥檚 group of “family” judges included:

  • Todd Arky, executive vice president, Sharebite and co-founder/CEO of TipOff Sports
  • Anthony Campagiorni 鈥91, vice president, Central Hudson Gas & Electric Company
  • Melinda Dermody, associate dean of academic success, 黑料不打烊 Libraries
  • Melissa Gwilt 鈥15, G鈥22, director of budget and administration, 黑料不打烊 Libraries
  • Corey Lieblein 鈥93 , CEO of CP8 Capital
  • Ajay Nagpal, president and COO Millenium
  • Alice Villafana, retired
  • Tonya Villafana, global franchise head, research and development, for Astra-Zeneca
  • Mark Wassersug, former COO Intercontinental Exchange
  • Author

Cristina Hatem

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