BI Medical Wins Both Top and MedTech Awards at RI Business Plan Competiton

Share on Social Media

Posted May 19, 2017 by on Westerly Sun

PROVIDENCE — BI Medical, a year-old company led by James Wagner of Coventry, has been named the top winner in the 2017 Rhode Island Business Plan Competition. The company is developing a liquid cleaner and applicator for removing bacterial contamination of prostheses. The firm received $40,000 in cash and $53,900 in professional and consulting services as the MedTech Award winner. Wagner said there is growing market demand for the synthetic prosthetic liner cleaner his company has developed.

The contest awarded $271,000 to seven competitors, the largest prize pot since the competition opened in 2001. The winners were announced Tuesday at The WaterFire Arts Center in Providence.

The Entrepreneur Track winner was Farmer Willie’s, Pawtucket, led by Max Easton, which is marketing a diet ginger beer. Alex Tavares of East Greenwich, a graduate student at Harvard, won the Student Track for a phonics teaching device.

Four other finalists won prizes, two each in the entrepreneur and student tracks:
Care Thread, led by Nick Adams, Providence, a patient information web application; Crave Food Services Corporation, led by Matthew Tortora, North Kingstown, an online institutional food delivery system; 5 Commas, led by Andrew Oberlander, Brown University, a data system for indoor farmers; and Echowear, Nicholas Constant, University of Rhode Island, a patient monitoring system.

Sixty-three organizations, including private companies, investors, universities, and public agencies, as well as six former competitors, sponsored the competition.

Latest News

RI Bio Teams Up with Venture Café to Celebrate Life Sciences

RI Bio Teams Up with Venture Café to Celebrate Life Sciences

PROVIDENCE, RI–April 26, 2022–RI Bio, Southeastern New England’s life sciences trade group, announced their slate of NEXT WAVE events with Venture Café Providence every Thursday in May that celebrates the life sciences.  “The pandemic put advances in life sciences and...

RI Bio Board Appoints Two New Directors

RI Bio Board Appoints Two New Directors

PROVIDENCE, RI–March 16, 2022–RI Bio, Southeastern New England’s life sciences trade group, announced the appointment of two new members to its board of directors at its March 16 meeting: Neil Sarkar of the Rhode Island Quality Institute (RIQI) and Jaimy Mauricio of...

Biotech Industry News