Applications for NH’s largest startup competition open with $300,000 investment pool
The New Hampshire High Tech Council (Council) has opened the application period for its annual TechOut event, a startup competition aimed at enhancing the state’s tech ecosystem by awarding young startups with significant investment capital prizes. Now in its seventh year, this year’s event features a $300,000 investment pool to be given out in the form of investment capital awards to the winners.
The Mill Works Fund II, a partnership among New Hampshire investors, and the New Hampshire Business Finance Authority are providing the $300,000 in investment funds: $200,000 for first place, and $100,000 for second place. The first place prize in the 2017 competition was awarded to Kantum Diagnostics, Inc., a biotechnology company that is developing a diagnostic and therapeutic combination to prevent and treat Acute Kidney Injury (AKI). Second place went to Datanomix, a company offering a fog computing system that helps simplify and accelerate how companies extract value from machine-generated data. Read more