Wednesday September 4, 2013
Officials from the Community Foundation of Louisville (CFL), Greater Louisville Inc.’s EnterpriseCorp and Mayor Greg Fischer announced today four winners of the 2013 Vogt Invention & Innovation Awards.
The 12 year-old awards program is targeted specifically to the manufacturing and hardware sector and provides continuing education, mentoring and support for the early stage recipients. Applications were accepted through the spring and the Vogt Invention & Innovation Awards Selection Committee made the selections.
“We are energized by the number and quality of applicants that this awards program has generated and even more excited to be working with such an impressive group of winners,” said Susan Barry, president and CEO of CFL. CFL is the steward of the Vogt Invention & Innovation Fund, the source of funding for the awards. GLI’s EnterpriseCorp administers the program.
The late Henry V. Heuser Sr., a native Louisvillian and founder of the Henry Vogt Machine Company, created a $5 million endowment at CFL to support local entrepreneurship shortly before his death in 1999. His legacy is to help entrepreneurs develop and grow start-up ideas, products and projects into viable and successful businesses to provide economic growth, stability and employment for the Greater Louisville area. The fund has distributed more than $2 million to 50 entrepreneurs since its inception.
“Louisville is fortunate to have had such a forward thinker as Henry Vogt Heuser and even more fortunate to have such terrific stewards of his legacy,” said Fischer. “The Vogt Invention & Innovation Awards program is clearly aligned with the entrepreneurial activity we see in this community. The money is important, but so are the resources and connections that these awards are designed to deliver.
The 2013 Vogt Invention & Innovation Award recipients each receive a $20,000 development grant that provides participation in a 10-week Lean Start-Up course by Nucleus: Kentucky’s Life Sciences and Innovation Center, appointment of professional mentors selected for compatibility to the project, and prototype development through the University of Louisville’s J.B. Speed School of Engineering. In addition, each recipient receives the opportunity to participate in Vogt Demo Day on November 15, 2013, where they will make presentations to regional investors and compete for a $100,000 award toward the further development of their project.
“The Vogt Awards’ focus on manufacturing is a testament to the strength that this sector has demonstrated historically as well as representative of the kind of continuing support it needs for its future success,” said EnterpriseCorp Executive Director Tendai Charasika.
The 2013 Vogt Invention & Innovation Award recipients are:
Babylocity, LLC www.babylocity.com
Babylocity is a company designed to develop high quality, innovative products for babies on-the-go. Its first product is the Mix&Go, an all-in-one baby feeding bottle, a practical solution for mothers who are formula feeding their babies when they are away from home. The Mix&Go utilizes separate compartments for water and formula in one comprehensive unit.
Liberate Medical www.liberatemedical.com
Designed to improve quality of life and reduce medical costs for patients with respiratory complications, Liberate Medical is developing two devices based on electrical stimulation. VentFree is a physician’s tool, which is designed for the hospital setting. SecondBreath is a wearable, assistive device designed to enhance breathing in patients with COPD.
ModBox, LLC www.modboxstorage.com
ModBox is a manufacturer of modular style jobsite storage boxes for a wide array of targets including large and small contractors, ship builders and the military. The ModBox technology reduces shipping costs and storage volume.
Wixel Technologies www.wixeltech.com
Wixel Technologies is creating unique ways for visually impaired people to interface with digital information through a tactile device that allows them to feel information such as maps, videos and images. Wixel’s design and technology also has applications for video games, medical needs, and military and aerospace uses.
For more information about the Vogt Invention & Innovation Awards, go to www.vogtawards.com.
About Community Foundation of Louisville
The Community Foundation of Louisville was founded in 1984, and is the largest community foundation in Kentucky with $370 million in assets and more than 1,200 charitable funds. Each fund has its own name and charitable purpose as defined by its donors. In 2012, these funds awarded more than 7,000 grants totaling $34.5 million to nonprofit organizations in the Louisville area and beyond. For more information, visit www.cflouisville.org.
About Greater Louisville Inc./EnterpriseCorp.
Greater Louisville Inc. --the Metro Chamber of Commerce, is dedicated to connecting and growing businesses. GLI leads economic development for the region, driving job creation and entrepreneurship. GLI is committed to transforming the community by improving the region’s quality of life, advocating for a pro-business environment and developing a talented workforce. EnterpriseCorp is GLI’s entrepreneurial arm. Robust start-up activity and an abundance of fast-growth, entrepreneurial companies is a sign of a flourishing regional economy. EnterpriseCorp is dedicated to nurturing and strengthening this important segment by encouraging risk-taking, cultivating new sources of capital and creating an infrastructure ready to assist these ventures. For more information, visit www.GreaterLouisville.com or www.EnterpriseCorp.com.