Date: 23/11/2009

Roti maker, bone screws, and website security wins Silicon Valley Entrepreneurial Awards

In the 5th Annual Intel+UC Berkeley Technology Entrepreneurship Challenge (IBTEC),
The first award has gone to Chinese Developer of biodegradable bone screw technology, and CaptchaAd of Technical University Munich of Germany won the second award for the development of an innovative Web site security technique that incorporates interactive video advertising. Third place was awarded to Zimplistic of the National University of Singapore for its Rotimatic device that quickly and easily makes roti, the staple food of India. Intel also co-hosted the first-ever Global Entrepreneurship Leadership Symposium (GELS) to train potential mentors to support entrepreneurship and technology innovation around the world.


"Innovation is one of the cornerstones of Intel's success and the Intel Foundation is committed to helping foster new ideas and solutions that will have a positive impact on society and will help strengthen the global economy," said Andrew Chien, vice president of Intel Labs and director of Future Technologies Research for Intel. "This week's competition shone the spotlight on some truly inspiring solutions and drew attention to the role that higher education plays in encouraging young people to pursue innovative paths to solving global challenges."

"I found the GELS program a great platform for discussing various aspects of mentoring startup ventures," said Dr. Deepanwita Chattopadhyay, CEO of ICICI Knowledge Park and mentor to IBTEC finalist team, µSpore (Microspore). "We shared experiences with other mentors from eight different countries and the faculty who led the deliberations were passionate and encouraging. This experience will help me connect my mentee companies to a global network of venture capitalists and mentors