Press Releases

SEIN Analytics & Asset Management Makes Post-Gigabit Challenge Plans with $100,000 Grand Prize Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/02/09/prweb9179402.DTL#ixzz1mKNd0VbM

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SEIN Analytics & Asset Management recently won the $100,000 Grand Prize at Think Big Partners' Gigabit Challenge and is looking to further grow the startup company.

Kansas City, MO (PRWEB) February 09, 2012

Since SEIN Analytics & Asset Management walked away with the $100,000 Grand Prize at The Gigabit Challenge Finale earlier this year, the Brooklyn-based startup has begun developing plans for 2012 that include hiring, creating deals, marketing and formulating new business structures.

Think Big Partners' Gigabit Challenge was a global business plan competition looking for new applications to disrupt technology on the Google Fiber Network. Prizes at the awards ceremony on January 18, 2012 included the $100,000 Grand Prize, which was awarded to SEIN Analytics & Asset Management, the People's Choice Award, and a $250,000 Born Global Prize.

"I launched our prototype and turned my attention to getting feedback from others," said Samuel Belu-John, CEO and founder of SEIN Analytics. "I looked for places to present our idea to I signed up for iStart and saw The Gigabit Challenge. There was a natural fit to what Google Fiber could do and what we were doing."

SEIN Analytics & Asset Management is a new venture founded by a structured finance veteran and a team of dedicated designers, strategists and programmers. SEIN develops a data-centric cloud application for analyzing and managing asset-backed securities (ABS). The software standardizes loan level data and displays it in an easy-to-use form that financial institutions and investors can use to track and analyze ABS investments.

In a recent Silicon Prairie News article, Chris Bernard, startup specialist at Microsoft and Gigabit Challenge judge, commented that "...no other company did as good a job of showing how the cloud and fiber could help businesses solve big data problems that were previously the providence of big data centers and deep pocketed customers."

"When we were watching other presenters [during The Gigabit Challenge], we felt as if our numbers were too small," said Suk-Hyon Paek, COO of SEIN Analytics. "But the truth of the matter is, our numbers were realistic. We were very down-to-earth about our idea. Everything we presented was based on reality."

With the $100,000 Grand Prize under their belts, the SEIN Analytics team plans on putting every penny from The Gigabit Challenge into launching their business. In 2012, Belu-John hopes to hire more developers to assist him in flushing out SEIN. The rest of the SEIN Analytics team plans to handle the future of the company by focusing on building strategic alliances with potential partners, increasing the deal database, refining the existing pricing models, developing a staffing plan, and creating marketing and sales initiatives.

About Sein Analytics & Asset Management:

SEIN Analytics & Asset Management is a new venture founded by a structured finance veteran and a team of dedicated designers, strategists and programmers. SEIN develops a data-centric cloud application for analyzing and managing asset-backed securities (ABS). The software standardizes loan level data and displays it in an easy-to-use form that financial institutions and investors can use to track and analyze ABS investments. To learn more about SEIN Analytics & Asset Management, please visit http://seinanalytics.com.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/02/09/prweb9179402.DTL#ixzz1mKNd0VbM

Midwest Startup Paruzia Technologies Makes Post-Gigabit Challenge Plans for 2012

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Kansas City, MO (PRWEB) January 26, 2012

Paruzia Technologies walked away with The People’s Choice Award during The Gigabit Challenge Finale on January 18, 2012 and is now amplifying its marketing initiatives, bringing in new clients and analyzing their ability to use Google Fiber post-Finale.

Despite being one of the only startups that didn’t focus on software development at the event, Paruzia Technologies snagged the People’s Choice Award at The Gigabit Challenge Finale by winning 33% of the public vote. Now that Paruzia has been honored with this award, the small business from Grandview, Missouri is making new plans for a successful 2012.

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The Gigabit Challenge Announces Speakers and Video Presenters for Finale Event

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KANSAS CITY, MO—January 12, 2012—The Gigabit Challenge, a global business plan competition looking for entrepreneurial ideas to disrupt on the Google Fiber network, has announced its lineup of speakers, video presenters and event details for The Gigabit Challenge Finale on January 18, 2012 at the Kansas City Public Library (Country Club Plaza Branch).

The Gigabit Challenge Finale welcome address will begin promptly at 8:00 AM on January 18, 2012 with an introduction from United States Senator Jerry Moran (R-KS).  During the introduction, Moran will discuss the positive impact of Google Fiber, the importance of initiatives such as his Startup Act (announced in December of 2011 with co-sponsor Senator Mark Warner [D-VA].  Learn more at http://moran.senate.gov/public/index.cfm/news-releases?ID=4a167376-2b24-4d42-896b-5f263a4e08ca), and the entrepreneurial growth that Kansas City is experiencing.  

The Gigabit Challenge Finale will also feature video presentations from a number of national and local leaders.  Vint Cerf, Vice President and Chief Internet Evangelist at Google and Advisory Board Member for The Gigabit Challenge, will welcome the contestants and discuss the next generations of Internet applications on Google Fiber.  Other video presenters include Mayor Sly James of Missouri, Mayor Joe Reardon of Kansas, Gigabit Challenge organizer Tyler Prochnow, and the Kauffman Foundation via their animated “sketchbook” video declaring Kansas City as the “City of Entrepreneurs”.  www.youtube.com/watch?v=61rQczKZB0w&feature=channel_video_title.

To conclude The Gigabit Challenge Finale, Herb Sih of Think Big Partners will deliver a community address in which he will discuss behind-the-scenes details about Think Big Partners’ decision to host The Gigabit Challenge and exciting future initiatives.  The Gigabit Challenge Finale will close with an awards presentation where winner of the $100,000 Grand Prize, the $250,000 “Born Global” Prize and the People’s Choice Award will be announced.    A detailed schedule for the Finale can be found at http://gigabitchallenge.eventbrite.com/

The Gigabit Challenge Finale will stream live on January 18, 2012 from 8:00AM until 5:00PM at http://www.gigabitchallenge.com/live.  A number of live bloggers, social media experts and local and national media outlets will broadcast the Finale activities.  If you are interested in attending and covering The Gigabit Challenge Finale, please contact Allison Way at This e-mail address is being protected from spambots. You need JavaScript enabled to view it. .

To register to attend The Gigabit Challenge Finale, please visit http://gigabitchallenge.eventbrite.com

About The Gigabit Challenge:

The Gigabit Challenge is a global business plan competition to find disruptive ideas that will turn the tech industry upside-down and change the world. The Gigabit Challenge is focused on unique applications that are enabled by Google’s first-in-the-nation 1 Gigabit Fiber network. The Gigabit Challenge is looking for the brightest, hungriest and most passionate entrepreneur superstars who are looking to think big... with a gig. In early October 2011, individuals, teams and early-stage businesses were invited to enter for the chance to win the Grand Prize valued at $100,000, the $250,000 “Born Global Prize”, and be the first to work on the Google Fiber Network. For more information, please visit http://www.gigabitchallenge.com.

The Gigabit Challenge Announces Semi-Finalists for Business Plan Competition on the Google Fiber Network

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KANSAS CITY, MO—December 6, 2011—The Gigabit Challenge announced the Semi-Finalists who will continue on in pursuit of the $100,000 Grand Prize, the $250,000 "Born Global" Prize and the opportunity to create disruptive innovation on the Google Fiber Network. These Semi-Finalists were selected by a panel of judges including entrepreneurs, angel investors, venture capitalists, public and private sector organizations, community leaders and other experts. Executive summaries were judged based on market opportunity, growth potential, impact, brevity, clarity and how effectively the ideas utilized the Google Fiber Network. The Semi-Finalist companies cover a wide range of applications including telemedicine, ecommerce, nonprofit fundraising, video delivery, digital city management and much more.

"The Gigabit Challenge is a great example of a community working together to capitalize on a fantastic opportunity for the region to connect with entrepreneurs, inventors and investors from around the globe to catalyze ideas that can change the world," said Chris Bernard, Entrepreneurship, Innovation & Design Startup Director and Advisor for Microsoft, and a judge for The Gigabit Challenge. "We congratulate all of those who entered the competition and we're looking forward to the final round of judging. We are proud to offer programs like Microsoft BizSpark to the Semi-Finalists, which will help those startups and entrepreneurs focus on a great idea and get to market quickly."

The Gigabit Challenge Semi-Finalists:

 

  • Abhi Ray, Heart To Heart Network Inc.
  • Adam Geller, Edthena
  • Andrea Tappy, ClassTap
  • Andrew Ying, Hong
  • Annie Hwang, Cloud Integration LLP
  • Bob Wray, CourthouseUSA LLC
  • Brendon Collier, SocialCloud
  • Brett Simpson, record life
  • Cecilia Bakker, Cecilia Bakker & Tim Brown
  • Corinna West, Wellness Wordworks
  • Dallas Kranker, Everything Computers LLC
  • David Windhausen, TiBi.tv
  • Don Peterson, BigIris.com
  • Eddie Tapper, GET-GIV-GOT System Technologies
  • Edgar Sarmiento, HuMuch?
  • Ellen Ervin, Connected-4-Learning
  • Ernie Johnston, iNet2
  • Fortunato Cardenas, Green Earth Aerogel Technologies
  • Jason Arnold, Paruzia Technologies
  • Jeff Stull, Risk Analytics LLC
  • Jeremy Kissell, Jeremy Kissell
  • Jim West, Somametric
  • Kristin Kenney, RE:Cite
  • Marc Canter, Digital City Mechanics
  • Mark Hellevang, Capital Infinity Research LLC
  • Mary Poehler, In Touch Beacon
  • Merlin Owens, East West TeleMedia International
  • Michael McKinzy Sr., Voter Integrity Party (V.I.P.)
  • Michael Shear, Strategic Office Networks LLC
  • S. Vaideeswaran, Damascus Fortune
  • Sally Smith, Esipro Technologies LLC
  • Samuel Belu-John, SEIN Analytics & Asset Management
  • Scott Hardiek, Virtual/Real World Wallet System
  • Seak Meng Lay, Photaic
  • Sonia Lin, Kauzu
  • Su Sanni, WeDidIt
  • Tim Sylvester, Integrated Roadways
  • Troy Norris, TalentHelix
  • Willow Lundgren, PlanetRestore LLC

 

Semi-finalists have until December 9, 2011 to submit eight to ten page business plans and Powerpoint presentations which will be reviewed by the judging panel. Finalists will be announced on December 16, 2011. At The Gigabit Challenge Finale on January 18, 2012, the winners will be awarded a Grand Prize valued at $100,000 and a "Born Global" Prize of a $250,000 investment from Gramercy Private Equity.

"It has been a pleasure reviewing submissions for The Gigabit Challenge," said Greg Kratofil, Shareholder at Polsinelli Shughart and judge for The Gigabit Challenge. "It feels like I'm looking through time and getting a glimpse at what the future will hold. I have been extremely impressed with the quality of the ideas and have little doubt about the opportunities enabled by gigabit speed."

For more information about The Gigabit Challenge or to express interest in becoming a partner, please visit http://www.gigabitchallenge.com or contact Ann DeAngelo at (816) 842-5244.

The Gigabit Challenge Announces $250,000 “Born Global” Prize from Gramercy Private Equity

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KANSAS CITY, MO—November 30, 2011—The Gigabit Challenge, a global business plan competition looking for entrepreneurial ideas to disrupt on the Google Fiber network, has partnered with San Francisco-based Gramercy Private Equity to offer a special "Born Global" Prize to its contestants. The Gramercy "Born Global" Prize will take the form of a $250,000 convertible promissory note (CPN) investment from Gramercy directly into the winning contestant. The prize will be awarded at The Gigabit Challenge Finale on January 18, 2012, in Kansas City. The "Born Global" Prize will be awarded to the contestant whose business idea has the best prospects of being rapidly implemented across the globe and leverages the increasing global nature of technology and digital media markets.

"Gramercy Private Equity is very excited to partner with The Gigabit Challenge. We believe that this competition has the potential to push the envelope on applications for the next-generation Google Fiber platform," stated Michael Gale, Managing Partner of Gramercy Private Equity. "We see this as a significant opportunity for ourselves and other investors. With our cross-border expertise, we plan to help the winner of the Gramercy 'Born Global' Prize to take their company global as rapidly as possible."

Gramercy Private Equity will work with a group of The Gigabit Challenge judges that have particular expertise in global technology and business to select the winner of the Gramercy "Born Global" Prize.

"Think Big Partners and The Gigabit Challenge congratulate Gramercy Private Equity on their vision and leadership in establishing the Gramercy 'Born Global' Prize," said Tyler Prochnow, co-founder of Think Big Partners, host of The Gigabit Challenge. "We welcome them as a partner and look forward to great results. We have been overwhelmed by the support The Gigabit Challenge has received in the four months since we announced the competition. We were especially happy to receive 113 entries in the Challenge as of the November 18, 2011 deadline. We have additional developments in progress and look forward to building on the leadership of Gramercy in the coming weeks."

The Semi-Finalists will be announced by December 6, 2011 and will be invited to submit business plans due on December 9, 2011. The Finalists will be announced on December 16, 2011 will be invited to The Gigabit Challenge Finale, a final pitch event and awards ceremony, that will take place in Kansas City on January 18, 2012. For more information, please visit http://www.gigabitchallenge.com.

The Gigabit Challenge is actively seeking additional partners. If you are interested in discussing this opportunity, or have questions regarding entering the competition, please visit http://www.gigabitchallenge.com or contact Think Big Partners at (816) 842-5244.

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The Gigabit Challenge Announces Advisory Board Members and Judges for the $100,000 Business Plan Competition

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KANSAS CITY, MO—November 8, 2011—The Gigabit Challenge (http://www.gigabitchallenge.com), a global business plan competition looking for entrepreneurial ideas to disrupt on the Google Fiber network, has announced the initial members of its Advisory Board and Judging Panel. The Advisory Board members will provide their extensive knowledge, expertise, and seasoned experience advising The Gigabit Challenge on how to run the best business plan competition possible.

The initial Advisory Board members for The Gigabit Challenge are:

  • Vint Cerf, Vice President and Chief Internet Evangelist, Google
  • Robert Gunderson, Co-Founder and Managing Partner, Gunderson Dettmer
  • Harry Kellogg, Vice Chairman, Silicon Valley Bank
  • Philip Korn, Relationship Manager and Managing Director, First Republic Bank
  • Dan'l Lewin, Corporate Vice President of Strategic and Emerging Business Development, Microsoft
  • Robert Marcusse, President & Chief Executive Officer, Kansas City Area Development Council
  • Scott Mize - Advisor to Think Big Partners and The Gigabit Challenge (Chairman)
  • Keith Molzer, President & Chief Executive Officer, Balance Innovations
  • Rex Northern, Executive Director, Cleantech Open
  • Mark Radcliffe, Partner, DLA Piper
  • Mario Rosati, Partner, Wilson Sonsini Goodrich and Rosati
  • Angela Tower, Director, PricewaterhouseCoopers

For more information on the Advisory Board members, please see the Gigabit Challenge website.

Through a graduated process, the judges will evaluate the executive summaries, business plans and investor presentations submitted by contestants and will select the winner of The Gigabit Challenge Grand Prize valued at $100,000. The judges will use a software-as-a-service (SaaS) application called iStart to review, evaluate and vote on the materials submitted by the contestants. The iStart application is provided by the Kauffman Foundation, a Gigabit Challenge partner.

The initial Judging Panel members for The Gigabit Challenge are:

  • Jennifer Bailey, Partner, Hovey Williams LLP
  • Jeff Barco, Chief Executive Officer and Founding Partner, Barco Partners LLC
  • Richard Brenner, President & Chief Executive Officer, The Brenner Group
  • Erik Brynjolfsson, Professor of Management, MIT & Director, MIT Center for Digital Business
  • Michael Burke, Vice President, King Hershey PC & Co-Chairman of the Bi-State Innovation Committee
  • Steve Fennel, Director of Communications Outreach, KU Medical Center
  • Victor Friedberg, Executive Director, Launch.org
  • Michael Gale, Chief Executive Officer, Gramercy Private Equity
  • Stuart Gannes, CEO, XVD Technology Holdings & Director of Partnership Projects, O'Reilly Media
  • Michael Gelphman, Founder, Kansas City Information Technology Professionals
  • Jonathan Gleason, Director of Business Development, Gunderson Dettmer
  • Matt Heinrich, Vice President for Facilities and Technology, Rockhurst University
  • David Isenberg, Founder, isen.com LLC
  • Philip Korn, Relationship Manager and Managing Director, First Republic Bank
  • Greg Kratofil, Shareholder, Polsinelli Shughart
  • Thad Langford, Executive in Residence, Openair Equity Partners & President/Chief Executive, Zave Networks (acquired by Google)
  • Casey McGlynn, Partner, Wilson Sonsini Goodrich & Rosati
  • Eric Melin, Co-Founder & Chief Executive Officer, Philanthropist.org
  • Bryan Richard, Founder, iCode
  • David Silverman, Partner, Crosslink Capital
  • Adeline Tang, Director of Business Development, SingTel Idea Factory
  • Angela Tower, Director, PricewaterhouseCoopers
  • Bud Vick, Owner, Cochran Head Vick & Company
  • Radd Way, Executive Vice President, Weitz Construction Company & Advisory Board Member, FiberKC
  • Jase Wilson, Principal, Luminopolis & Member, Bi-State Innovation Committee

For more information on the Judging Panel members, please visit The Gigabit Challenge website.

"We are extremely honored to have such accomplished people involved as advisors and judges for The Gigabit Challenge," said Tyler Prochnow, co-founder of Think Big Partners (http://www.thinkbigpartners.com), host of The Gigabit Challenge. "The participation of these high-quality professionals will assure that The Gigabit Challenge will be a great success. We look forward to adding more people to these groups over the coming weeks."

The Gigabit Challenge is actively seeking additional partners. If you are interested in discussing this opportunity, or have questions regarding entering the competition, please visit http://www.gigabitchallenge.com or contact Think Big Partners at (816) 842-5244.

About The Gigabit Challenge:

The Gigabit Challenge is a global business plan competition to find disruptive ideas that will turn the tech industry upside-down and change the world. The Gigabit Challenge is focused on unique applications that are enabled by Google's first-in-the-nation 1 Gigabit Fiber network. It is a business plan competition looking for the brightest, hungriest and most passionate entrepreneur superstars who are looking to think big...with a gig. Individuals, teams or businesses with an idea, a complete business plan, or an early-stage operating business are invited to enter for the chance to win the Grand Prize valued at $100,000.

The Gigabit Challenge Announces Screampoint as First Platform Partner

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October 19, 2011 - The Gigabit Challenge (www.gigabitchallenge.com), a global business plan competition looking for entrepreneurial ideas to disrupt on the Google Fiber network, has welcomed Screampoint (www.screampoint.com) as its first Platform Partner. Screampoint is a global leader in providing 5D SMART™ technology solutions that allow government officials, master developers and corporate leaders to access multi-departmental real-time city and building data through the unique interface of a 3D visual model of a city. As an important new tool in the real estate technology and Smart City sector, Screampoint's 5D SMART™ technologies will change the way the built environment and the smart cities of the future will be designed, built, monitored and managed.

As part of the Platform Partner package, Screampoint will allow third-party developers that are finalists in The Gigabit Challenge to utilize the Screampoint 5D SMART™ platform to build applications for free for a period of one year starting in Q1 2012. This is the same quarter in which Google will begin to deploy the first-in-the-nation one-gigabit Google Fiber network in Kansas City.

"We are very excited to have Screampoint on board as the founding Platform Partner," said Tyler Prochnow, co-founder of Think Big Partners (www.thinkbigpartners.com) and host of The Gigabit Challenge. "The company's next-generation 5D SMART™ technology will spawn a whole new genre of applications, including those that will power smart cities, that are ideally suited to run on the Google Fiber network."

The Gigabit Challenge Extends Executive Summary Application Deadline to November 18th

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The Gigabit Challenge, a global business plan competition looking for entrepreneurial ideas linked to the first-in-the-nation Google Fiber network, has announced that it will be extending the deadline for application and executive summary submissions. The original submission deadline was set for October 31, 2011. The deadline has been extended to midnight on November 18, 2011. 

"We have had an overwhelming response to The Gigabit Challenge," said Tyler Prochnow, co-founder of Think Big Partners, host of The Gigabit Challenge. "We are grateful for the numerous high quality submissions we have received thus far and feel that the high rate at which we are receiving entries warrants extending the deadline to November 18."

Prochnow also stated that, "We have also had some exciting developments on the partnership side of the contest. With the support of early partners, like the Kauffman Foundation, Entrepreneurs Unpluggd, Hovey Williams, and Loosecubes, we have established a solid foundation for the competition. We are also working on a couple of additional partnerships which will significantly enhance the benefits available to the winners. We anticipate additional announcements shortly."

The new schedule for the competition is as follows: Semi-finalists will be announced on November 28, 2011. The semi-finalists will be invited to submit business plans that will be due on December 9, 2011. The finalists will be announced on December 16, 2011. The Gigabit Challenge final pitch program and awards ceremony will be held at a day-long event on January 18, 2012 at the Plaza Branch of the Kansas City Public Library. The Official Rules for the Challenge can be found here.

Think Big Partners Announces Rules and Details for the Gigabit Challenge

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KANSAS CITY, MO—August 30, 2011—Think Big Partners, a Kansas City-based business incubator and early-stage startup accelerator is announcing the rules and details for the upcoming Gigabit Challenge. The global business plan competition is designed to find and support startup entrepreneurs, early-stage businesses and existing growth companies that will make use of Google's first-in-the-nation one-gigabit fiber network.

The Gigabit Challenge will award more than $200,000 in cash and services, with the Grand Prize valued at $100,000 for the winning entrepreneur. The Gigabit Challenge will begin accepting applications accompanied by a 3-5 page executive summary of the business on October 3, 2011. The initial round of the competition will conclude on October 31, 2011. At that time, all applications will be submitted to the initial judging panel and up to twenty-five (25) finalists will be announced by November 15, 2011. Those finalists will then have 30 days to submit a short form business plan. Plans will be limited to ten (10) pages with five (5) additional pages of supporting documentation, including financials, testimonials, drawings and any other information deemed relevant by the applicant.

All finalists must have their plans submitted by December 15, 2011. The judging panel will then review all plans, with the winners announced at a public event in Kansas City in mid- to late January of 2012. The announcement of the winners will coincide with the rollout of the Google fiber network which is expected to be available to consumers in early 2012.

In January of 2010, Google announced that it would develop a one-gigabit fiber network and asked local governments and organizations across the US to apply for the chance to be the first region to receive the network. After over 1,100 cities applied for the opportunity, Google announced that the network would launch in Kansas City in 2012. The Google fiber network in Kansas City will allow entrepreneurs to develop new business ideas with Internet speeds up to 100 times faster than the current state-of-the-art. The first-in-the-nation fiber network will also offer not only the chance for entrepreneurs to develop new-generation businesses, but for innovation and disruptive technology to surge throughout Kansas City and the world.

"In these challenging economic times, it is even more crucial to seek out and support growth companies that create more innovative jobs," said Tyler Prochnow, Senior Partner and co-founder of Think Big Partners. "We want the Gigabit Challenge to spawn new waves of innovation both in Kansas City and across the globe."

"As the first city chosen by Google to implement the fiber network, Kansas City has taken on a supporting role in Google's worldwide initiative," said Herb Sih, Managing Partner and co-founder of Think Big Partners. "In the past few years, Kansas City has received significant national recognition as a vibrant community for entrepreneurs, marshalling resources to take ideas and make them into viable businesses. Now, companies have the opportunity to innovate using technology like Google fiber so that they can create more new, technology-based to the challenges facing our world."

Judges for the Gigabit Challenge include entrepreneurs, early-stage investors, venture capitalists, funders, public and private sector organizations, community leaders and other experts who will examine each plan and select the winners.

For more information about The Gigabit Challenge or to express interest in becoming a sponsor or judge, please visit The Gigabit Challenge website or contact Ann DeAngelo at (816) 842-5244.