A small wearable machine that can diagnosis a wound infection early was the big winner at the Universities at Shady Grove Equity Incubator Showcase.
NanBioFAB beat out 59 other entries in a program sponsored by the David and Mikel Blair Family Foundation. The goal of the program is to help entrepreneurs early in their careers to get a leg up.
The award program on Dec. 8 featured the five finalists making their pitches.
Dr. Xiaonao Liu, CEO and founder of NanBioFAB, walked off with a $10,000 check that was presented to her by Blair, who narrowly lost to Marc Elrich in the county executive race.
By detecting infections earlier, NanBioFAB’s invention can save millions of dollars in health care and keep patients from having to return to the hospital. It is a local company,
USG’s Lab for Entrepreneurship and Transformative Leadership provides resources and mentorship to students, empowers local entrepreneurs and supports emerging startups. The equity incubator is an eight-week program that culminates in this pitch competition.
Congratulations to $10,000 grand prize winner NanoBioFAB, and thank you to all who attended tonight's Equity Incubator Showcase! @USGpreneurs @Anne_Khademian @DavidTBlair pic.twitter.com/fAwimxnJB7
— USG (@UatShadyGrove) December 9, 2022
Congratulations to NanoBioFAB, $10,000 grand prize winner of last night's Equity Incubator Showcase, and thank you to all who participated! View photos here: https://t.co/lJY7wj6v6Y @USGpreneurs pic.twitter.com/AgkgAP7a1k
— USG (@UatShadyGrove) December 9, 2022
So many entrepreneurial ideas at the #EquityIncubatorShowcase – from delicious tacos to nanotech-based healthcare! @USGpreneurs pic.twitter.com/qdvk6BTPzr
— USG (@UatShadyGrove) December 9, 2022