Innovative UA Start-Up Advances to Business Competition Finale
TUSCALOOSA, Ala. — A University of Alabama start-up company developing technology to charge cell phones, and other portable devices, wirelessly advanced today to the finale of a state-wide business competition.
Judges selected e-Electricity and four other companies to move forward in the quest for prize money in the 2013 Alabama Launchpad Start-Up Competition after hearing pitch presentations from nine entrepreneurial businesses.
Twenty-seven teams started the competition cycle, a program of the Economic Development Partnership of Alabama.The teams, competing for up to $100,000 in prize money, are in the “proof of concept” phase. The competition, in its seventh year, is geared to promote, reward and increase the pipeline of high-growth innovative ventures that have the potential to create and keep jobs in Alabama.
e-Electricity is developing wireless harvesting, allowing mobile devices to recharge wirelessly, eliminating the need for an electrical outlet.
Dr. Jaber Abu-Qahouq, UA assistant professor of electrical and computer engineering; Dr. Whitney Hough, venture development associate with UA’s Office for Technology Transfer; and Will Sanders, a UA senior marketing major, from Mobile, are members of the team led by Sloan McCrary, a UA Master of Business Administration student from Alpharetta, Ga.
The competition continues into the fall, when a Sept. 26 finale will coincide with the third annual Alabama Launchpad Innovation and Entrepreneurship Conference at the Wynfrey Hotel in Birmingham set for Sept. 26-27.
The University of Alabama, a student-centered research university, is experiencing significant growth in both enrollment and academic quality. This growth, which is positively impacting the campus and the state's economy, is in keeping with UA's vision to be the university of choice for the best and brightest students. UA, the state's flagship university, is an academic community united in its commitment to enhancing the quality of life for all Alabamians.