AUSTIN, Texas – July 24, 2014 – The LIVESTRONG Foundation’s unique Big C competition has pared its 168 semifinalists down to the 20 that will now compete in the Martha and Kozo Shimano Entrepreneur Accelerator program phase. A panel of cancer survivors, advocates and experts in the field judged the semifinalists to narrow the entries that will now form a team with a business mentor who will help their respective projects get to the next phase of the competition. Each entry will now compete for the grand prize of $25,000.
“The semifinalists represent revolutionary solutions to daily challenges faced by cancer survivors of all ages, races and nationalities,” said LIVESTRONG Foundation President and CEO Doug Ulman. “We’re excited to see the progress that these teams will make when paired with their mentors as they put the accelerator phase in motion and strive to improve the lives of people affected by cancer.”
The accelerator round entries are represented by projects from six countries on four continents and 10 states within the U.S. These ventures have presented viable solutions to the biggest challenges people affected by cancer face following a diagnosis, according to LIVESTRONG‘s research.
The 20 entries will now be able to work with their mentors until Sept. 15 when judging will commence for five finalists to be announced on Sept. 29. These five finalists will be flown to Austin, Texas, to present their innovations during the Ride for the Roses weekend, where the grand-prize winner will be announced at a finale event to be held at Austin Music Hall.
Overall, 60 ventures will receive a total of $140,000 in seed funding based on their innovation’s utility, ingenuity and benefits to cancer patients and survivors.The global social innovation challenge began on World Cancer Day with more than 750 individuals and groups entering a project that aimed to solve daily issues faced by people affected by cancer through programs, services, technology and products. The Big C competition is produced in partnership with Verb, an Austin-based company that runs social entrepreneurship competitions focused on the planet’s most pressing problems.
Participant innovations followed one of six competition tracks:
- Rebuilding Financial Health – A Cancer Diagnosis Shouldn’t Equal Financial Catastrophe
- Regaining Emotional Well-Being – Finding a Sense of Security After Cancer
- Caring for Caregivers – Families, Friends and Caregivers Are Fighting Cancer To0
- Improving Access to Quality Care – Helping Cancer Patients Get the Care They Need
- Filling the Knowledge Gap – Empowering Patients’ Informed Decisions Through Education
- Open – Any innovation outside of the prescribed tracks that helps people affected by cancer
The venture accelerator entries are:
A Break From Cancer – Plymouth Meeting, Pa.
A Story Your Way – Geneva, Switzerland
AdhereTech – New York City
African Alliance on Cancer – Kigali, Rwanda
Bras without Wires – Sydney, Australia
Chiron Health – Austin, Texas
College Awareness Program – East Greenwich, R.I.
Decisive Health’s Treatment Explorer – San Francisco
Financial Bridge – Bloomfield Hills, Mich.
The Gentoo Vest – Boston
Give Me a Break – Halmstad, Sweden
Help for Lymphedema – Hartford, Conn.
Litesprite – Seattle, Wash.
Mello – New York City
Patient IO – Austin, Texas
Restwise – Concord, Mass.
TeVido BioDevices – Austin, Texas
TowerView Health – Chicago
Transplant Concierge – Boston
unCancer India – Mumbai, India
About the LIVESTRONG Foundation
The LIVESTRONG Foundation fights to improve the lives of people affected by cancer now. Created in 1997, the Foundation is known for providing free cancer support services and advocating for policies that improve access to care and quality of life. Known for its powerful brand – LIVESTRONG – the Foundation has become a symbol of hope and inspiration around the world. Since its inception, the Foundation has served 2.5 million people affected by the disease and raised more than $500 million to support cancer survivors. One of America’s top non-profit organizations, the Foundation has been recognized by industry leaders including Charity Navigator, the National Health Council and the Better Business Bureau for its excellent governance, high standards and transparency. For more information, visit LIVESTRONG.org.
Verb is a social enterprise that produces massive social entrepreneurship competitions in partnership with global companies, foundations and governments. Verb competitions mobilize thousands of teams around the world to solve the planet’s most pressing social and environmental problems. Founded in 2013 by Austin entrepreneurs Suzi Sosa and Tom Meredith, Verb combines proprietary technology, expertise and social networks to produce a competition experience unlike any other. For more information, visit goverb.com.