Mindstamp Wins $25,000 Grand Prize at the 2021 Crummer Rollins Venture Plan Competition
The Crummer Graduate School of Business at Rollins College has announced Mindstamp, an interactive video solution where you can create dynamic, personalized, interactive video experiences in seconds, is the 2021 winner of its annual Venture Plan Competition, Central Florida’s largest and most comprehensive business plan and pitch competition for start-ups. Mindstamp will receive $25,000 in prize money. In total, the competition finalists vied for their share of a total prize package valued over $100,000.
In addition to winning first-place, Mindstamp also won the Crummer Community Choice Award, voted on by audience members for their favorite pitch of the evening.
Open to all regionally headquartered start-ups, the annual competition is Central Florida’s very own “Shark Tank”-like competition where teams battle for funding and mentorship in front of the region’s top entrepreneurs and venture capitalists. Selected from 48 submitted proposals, finalists along with Mindstamp included 2nd place Athliance, a solution designed to educate and protect universities and student-athletes from the challenges surrounding NCAA Name, Image & Likeness (NIL); and 3rd place Modularity Space, a company that has designed a number of innovations offering Space as a Service through modular satellite bus platforms.
In 2020, two previous first place winners of the Venture Plan Competition, Fattmerchant and EASE Applications (now Vocera Ease) were successfully acquired. In total, of the 34 companies that have been finalists for the competition since 2012, 27 are in business today. Together those 27 companies: generated over $55 million in revenue, raised $36 million in investment capital, and employ over 374 people.
Due to the COVID-19 pandemic, this year’s Venture Plan Competition was held in a virtual, synchronous environment, where viewers watched the pitches and judges’ questions to the presenting teams live.
“It’s always great to see our community come together to support and celebrate our local entrepreneurs in this year’s competition. Each of these startups have tremendous growth potential, and we are excited to see how they use the Venture Plan Competition as a springboard for continued success,” said Dr. Pete McAlindon, Executive Director of the Center for Advanced Entrepreneurship at the Crummer Graduate School of Business.
About the Finalists:
Mindstamp: Mindstamp is an interactive video solution where you can create dynamic, personalized, interactive video experiences in seconds. Through Mindstamp, users can add buttons, questions, hotspots, video branching and more. The platform also allows users to gain unique insights to see how each video is performing and allows for data integration into other digital platforms.
Athliance: Athliance is a solution designed to educate and protect universities and student-athletes from the challenges surrounding NCAA Name, Image & Likeness (NIL). For the first time, the NCAA is enacting legislation that will allow student-athletes to receive compensation for NIL. Within this platform, the NCAA has established rules and regulations detailing what student-athletes can and cannot do. Athliance exists to manage these opportunities and help educate student-athletes on the challenges along the way.
Modularity Space: Modularity Space has developed a number of innovations offering Space as a Service through modular satellite bus platforms designed to accommodate payloads and mission needs. They believe in simplifying the space industry through standardization and full mission service packages. Modularity Space handles the system engineering, mission planning, satellite bus development, and more.