Accelerate Michigan Competition Unveils 2013 Finalists

10/31/13Follow @XconomyDET

More than 50 semi-finalists competing in the Accelerate Michigan Innovation Competition, the annual business-plan competition targeting mid-to-late-stage startups located across the state, have been announced.

At stake is more than $1 million in cash prizes, plus in-kind awards of services, staffing, and software. More than that, Accelerate Michigan winners are usually considered among Michigan’s most promising startups and companies to watch. Winners will be announced during the finals, which take place Nov. 12-14 in downtown Detroit.

A number of the companies competing, like Kontextual, Advaita Bio, and TurtleCell, have already popped up on Xconomy’s radar. For a full list of the semi-finalists, see below:

Advaita Bio: The Plymouth-based biotech startup is a spinout of Wayne State University. Advaita has developed software called Pathway-Guide that helps researchers and pharmaceutical companies understand the data generated during next-generation gene sequencing.

AMF-Nano: The Ann Arbor company develops, designs, and manufactures patented next generation, ultra-miniature smart sensor systems that are the “brains” of advanced electronic systems.

AutoBike: Troy-based AutoBike has designed a bicycle that shifts automatically, allowing riders to go up and down hills with ease and a controlled speed.

BioSavita: The company, based in Plymouth Township, develops patented products for the drug development market, including yeast strains that are genetically engineered for high production yields of immunotherapeutics and antibodies.

BridgeGuard: Hancock-based BridgeGuard has developed bridge inspection tools that don’t require lane closures or re-routing commercial traffic.

CourseWeaver: CourseWeaver produces a next-generation learning and content management platform that merges isolated learning management systems, educational content, and tools into one.

Covaron Advanced Materials: The Ann Arbor startup has created a patent-pending technology called Petraforge, a thermosetting material that can provide advanced physical properties comparable to advanced ceramics but is more durable, relatively low cost, and able to utilize raw materials from industrial waste.

CP Electronics: Based in Detroit, CP Electronics has developed the world’s first wireless load measurement device used by researchers for the improvement of human gait for use in prosthetics.

CureLauncher: This online service helps connect patients to clinical trials with service that goes beyond the Internet. CureLauncher translates the language describing the trials into lay terms, matches patients to trials, and contacts the trial site on behalf of patients.

DataSpeaks Health Solutions: The Troy-based life science IT startup is focused on detecting previously unrecognizable patterns and relationships in large, complex time-series data.

Easy G: Based in Beverly Hills, Easy G has developed a portable, wireless ECG device that can be used to monitor patients on the way to the hospital.

Eco-Fueling: The Saline-based startup has invented the world’s best renewable co-fueling solution for commercial transportation that results in a significant fuel economy improvement while reducing particulates and nitrous oxide emissions.

ENT Biotech Solutions: ENT Biotech Solutions has developed a surgical tool for adenoid, tonsil, and soft tissue removal.

First Sense Medical: The Bloomfield Hills startup has developed prototype device tests for breast cancer using 3-D advanced thermal profiling, which the company says eliminates the need for highly trained specialists, works with women of any age and with breasts of any density.

Fossil Bay Energy: Fossil Bay Energy is commercializing a novel method of CO2 gas flooding that involves producing injection gas at the wellhead rather than delivering injection gas via pipeline.

Gantec: The Midland-based startup has developed advanced, plant-based growing aids, allowing agricultural professionals to reduce costs, cut back on synthetic chemicals, and improve the growth of their plants.

Greenlancer: Based in Detroit, Greenlancer is a Web-based engineering company with a team of freelance cleantech engineers.

HealthCure: The Detroit-based company’s business model is focused on reducing the risk of healthcare-associated infections by providing healthcare facilities with evidence-based, cost-effective resources selected from a chaotic and complex marketplace.

IMET: The Northville-based company has developed green muffler technology that reduces emissions and saves fuel in a cost-effective way.

Inmatech: Ann Arbor’s Inmatech aims to commercialize its next-generation supercapacitors for power management based on technology developed at the University of Michigan.

Inventev: The Detroit-based startup is developing the next generation of plug-in hybrid vehicle technology to save more operating costs and increase sustainability with a capital-efficient commercial fleet truck.

KontextualAnn Arbor’s Kontextual is a cloud- and mobile-based software platform that helps companies become more metric-driven and better able to share important information.

LiteBrake Tech: The Hancock-based company has developed a patent-pending vehicle braking component targeting applications for consumer cars and light trucks, but also applicable to a wide range of vehicles.

LogikSync: LogikSync seeks to enable responsible gun ownership thorough something called Clipalock, which includes benefits of built-in gun safety technology packaged as an accessory.

Microcide: Based in Detroit, Microcide offers microbicidal nanotechnology using inexpensive, food-grade ingredients serving the agriculture, healthcare, consumer, manufacturing, and natural pest control industries.

Micro-LAM Technologies: This Southeast Michigan company provides an adaptable tool that delivers precision machining capabilities for ceramics, semiconductors, glass, and metals, which leads to greater efficiency and improved profitability.

MitoStem: Detroit-based MitoStem focuses on developing novel stem cell technologies, particularly pluripotent cells, which scientists can use to coax into any other cell and researchers believe will be used in the future to replace diseased and damaged organs.

Munetrix: Auburn Hills-based Munetrix has developed a comprehensive suite of financial reporting, management, and forecasting tools designed specifically to meet the needs of local government and schools.

Nostrum Energy: The engine tech company makes products that enable fuel consumption and emissions reductions for in-field vehicles through aftermarket kits.

Nowza: Harper Woods-based Nowza has developed a first-of-its-kind platform that uses geolocation and time to determine, deliver, and display relevant product offers on an event attendee’s smartphone. For instance, if a user was at a concert, Nowza could display the song being played with a link to an MP3.

Nutriinfo: Nutriinfo.com is an online health solution company based in Ann Arbor providing a customizable online and mobile wellness platform along with health coaching services.

Ornicept: Ann Arbor-based Ornicept has come up with a cloud computing-based tablet platform that the company believes can replace a backpack full of the current, outdated tools in use.

Patient Provider Solutions: The early-stage healthcare technology company is commercializing a patented healthcare communication solution called EloquenceTM.

Phasiq: Ann Arbor’s Phasiq provides an ultra-specific diagnostic platform for detecting protein biomarkers in biological samples.

Pindrop: Pindrop provides indoor mapping and location technologies to assist consumers in finding products and places using their mobile device.

PlanReaction: Based in Ann Arbor, the company has developed and is bringing to market proprietary, cloud-based software that automatically generates building floor plans and furniture layouts.

REL: The high-tech manufacturer of lightweight metal matrix composite components and custom equipment is based in Calumet.

Resinate Materials Group: The Plymouth-based startup provides environmentally sustainable solutions to the multi-billion dollar coatings industry with its novel polyol technology and polyurethane dispersion resins, which are key components in many types of coatings.

Rhythm Solutions: Rhythm Solutions was founded to meet the challenges of patients with arrhythmia by commercializing technology developed with over a decade of extensive clinical research at the University of Michigan.

SetToPrivate: The company was founded to educate users on privacy and provides online tools to apply that knowledge. The company offers an online subscription service helping social media users understand, set, and maintain their privacy settings.

SkySpecs: The startup produces aerial vehicles to inspect transportation and energy infrastructure.

Socorro Medical: The FDA-approved Socorro device allows simultaneous, 360-degree viewing of both target and critical surrounding tissues throughout endoscopic surgery procedures.

SpiritShop.com: The company is a fast-growing e-commerce and social commerce platform and marketplace for custom apparel and merchandise in the highly fragmented U.S. high school market.

Supported Intelligence: The East Lansing-based company has created software that allows users to make better decisions in risk assessment applications.

TM3 Systems: Royal Oak’s TM3 Systems has developed a smart, portable microgrid technology for the off-grid power market that reduces fuel consumption in remote power systems by more than 20 percent while significantly reducing downtime.

TurtleCell: Ann Arbor-based TurtleCell has designed an iPhone case with headphones embedded inside on a retractable cord, which means there is never any slack to get tangled.

Upland Nanotech: Upland Nanotech has designed a platform sensor system that significantly speeds testing for pathogens in food-borne illnesses.

Varsity News Network: VNN is a Web platform that makes it easy for high school athletic directors to manage social communication to teams and the community, and automatically creates media coverage for athletics in the process.

Wave Aircraft: Based in West Bloomfield, Wave Aircraft has created an amphibious aircraft that reduces total travel time and expands destinations, being equally comfortable on land or water.

Sarah Schmid is the editor of Xconomy Detroit. You can reach her at 313-570-9823 or sschmid@xconomy.com. Follow @XconomyDET

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