. A trio of UNLV trainee groups took home huge prizes in a statewide business owner competition recently.
Trainee ideas on joint-pain relief, e-sports organisation and the hospitality industry netted an overall of $55,000 in the Donald W. Reynolds Governor’s Cup Collegiate Company Plan competitors in Reno.
In the graduate-student division, UNLV took house first- and second-place rewards. The team behind the Durable Arthroplasty Device won $25,000 for first place. Trainees developing Window Magic, which can enhance or completely alter the view out of any resort-suite windows, won $15,000 for 2nd.
In the undergraduate department, the trainee developers of Game Trainer, an e-sports themed website idea, won $15,000 for second location.
Teams putting in the top three in each department carry on to the Donald W. Reynolds Tri-State Competition versus teams from Arkansas and Oklahoma for an $118,000 reward swimming pool at the Mirage on Might 31.
The Resistant Arthroplasty Gadget is a trademarked innovation that aims to revolutionize how the orthopedic community treats and approaches knee pain, arthritis and total knee arthroplasty (replacement).
San Francisco-based Dr. R. Thomas Grotz, an orthopedic microsurgeon surgeon who invented the device, approached the UNLV student team to obtain behind his knee procedure innovation.
“Dr. Grotz observed many problems that emerge as a result of the out-of-date and barbaric innovation that is presently used,” stated Rachel Farner, an MBA student in the Lee Service School at UNLV who was part of the team. “RAD not just supplies a better alternative to overall knee arthroplasty (replacement), it provides a solution for those presently suffering from knee discomfort and arthritis who might not be candidates for an overall knee arthroplasty (replacement).”
With the initial win under their belt, Farner stated she and the team look forward to netting extra seed loan and making the innovation more offered.
“The win is definitely fulfilling in terms of recognition for all our hard work, but it is just the first step,” she said. “Competitors permit us to receive feedback and develop connections with others in the industry who will help us to bring this technology to full commercialization. Taking a look at the huge image, we hope to make Las Vegas the arthritis treatment center of the world.”
Video game Fitness instructor, which started last year as a class task, intends to encourage skilled players to coach those seeking to advance their position in the e-sports industry.
“Brian Garrido and I worked on it for an entire term, and among the factors that we developed it is because I’m a devoted e-sports gamer,” said Albert Antero, a sophomore computer science major at UNLV. “Brian is an organisation and finance major, so he dealt with those parts.”
Antero and Garrido had to submit a 30-page item pitch to the panel of judges, in addition to giving a “Shark Tank”-style presentation to the panel. They use a website model for the business strategy and pitches they make.
They prepare to invest the $15,000 and launch the site after they finish this year.
Leith Martin, director of the Center for Entrepreneurship, stated UNLV’s success in such competitors is attributable to nontraditional students.
“A lot of trainees that we have at UNLV have previous work experience, as they work full- or part-time as they go to school full-time too,” Martin said. “A great deal of them are much more ready to get in the workforce or start up a business due to the fact that of that experience. They have a lot of life experience, which provides itself to success in these kinds of competitors.”