The 2010 International Competition fueled innovation-based business growth by uncovering the best and brightest new business concepts from local and global entrepreneurs, exposing those opportunities to potential investment capital and fostering their growth within Michigan. This first competition attracted over 600 business plans from 13 states as well as Canada, Switzerland and South Africa. The majority of the finalists were in the life sciences sector, with good representation in defense, logistics, and alternative energy.
More than $1 million was given in cash winnings, plus in-kind awards of services, staffing and software.
- Grand Prize winner and recipient of $500,000 – Armune BioSciences
- First Runner up and recipient of $150,000 – Arbor Photonics
