Photos courtesy of Accelerate Michigan
The 6th Annual Accelerate Michigan Innovation Competition was held Nov. 6 at the Westin Book Cadillac Hotel in downtown Detroit. The event was attended by investors, entrepreneurs, funders and experts in the innovation sector from around the world. The $500,000 grand prize went to food innovation company Banza. The second place prize of $100,000 was awarded to Genomenon, a life sciences company focused on personalized medicine with simplified genome interpretation software. Accelerate Michigan also hosted a business venture idea contest for student-led teams from throughout the state of Michigan. Students were judged on content, structure, delivery and creativity and were eligible to win $15,000 in prizes to help launch their ventures. This year, CARt was awarded first place for creating a platform to provide reliable transportation for low-income, underserved individuals to get to and from supermarkets for fresh, healthy food options.