The four teams waited anxiously. They had spent months preparing for today, beating out 12 other teams for the chance to present. Standing in front of an audience of peers, faculty, and a panel of investment experts, the teams pitched their ideas for new sustainable ventures, hoping to walk away with 2014′s $25,000 Sabin Sustainability Venture Prize.
After careful deliberation, the panel, made up of authorities from real estate (Dan Emmett), green banks (Bryan Garcia), venture capital (Rosemary Ripley), philanthropy (Sabin Prize donor Andrew Sabin), and entrepreneurship (Kyle Jensen), announced that, by a vote of 3-2, water testing team Alpha-Screen had won their support.
The winning idea:
Alpha-Screen: Led by Yale Ph.D candidate Monika Weber, MBA/Ph.D candidate Seyla Azoz, and MBA candidate Anthony Lynn, the Alpha-Screen team is developing a portable device designed to radically improve our ability to test for environmental contaminants in water and blood. Right now, it takes multiple days for water samples to come back from a lab. Armed with patented chip technology developed at Yale, the Alpha-Screen team brings that timeframe down to 30 minutes while improving accuracy, sensitivity, user-friendliness, and portability. As recipients of over $4 million to date, Weber and her team now seek an additional $400,000 in funding to transform their ideas into a testable handheld prototype.
The other finalists: Continue reading