Shane Nolan, left, and Alex Zhitelzef, UB engineering students who co-founded Buffalo Automation Group, test their technology at Baird Point on UB's North Campus. Photo credit: Douglas Levere.
Release Date: July 31, 2015 This content is archived.
BUFFALO, N.Y. – Buffalo Automation Group, a startup robotics company founded by three Âé¶¹´«Ã½o engineering students, won the top prize Friday at the inaugural Buffalo Student Sandbox contest.
The company, which is developing technology to allow boats and yachts to self-navigate, bested seven other student-led teams in a pitch contest before a panel of judges at dig, a co-work space in the Thomas R. Beecher, Jr. Innovation Center on the Buffalo Niagara Medical Campus.
Its three co-founders – Shane Nolan, Vikram Suresh and Alex Zhitelzef – will receive $7,500 to further their business.
The judges’ awarded second prize to InteractiveX, an e-textbook company with an interactive, proprietary platform and tools for both students and professors. The company will receive $2,500. Its co-founders – Matthew Cuciti, Mark Nemmer, Rohan Shaw, Harrison Shih – are UB students.
Another startup, The Miss Information, received the People’s Choice award, which included $100 Amazon gift cards for each of the team’s three members.
The prize money comes from the Buffalo Niagara Medical Campus Inc.’s seed fund, which was established by a grant from First Niagara Financial Group.
Unlike traditional incubator programs, Buffalo Student Sandbox provides funding to the companies working under its fold. Each team received a $2,000 seed grant, plus a $300 weekly stipend per team member for the duration of the nine-week program, which concluded today, July 31.
Buffalo Student Sandbox is administered by WNY Innovation Hot Spot, a consortium of the region’s business incubators that is managed by UB’s Office of Science, Technology Transfer and Economic Outreach (STOR).
Cory Nealon
Director of Media Relations
Engineering, Computer Science
Tel: 716-645-4614
cmnealon@buffalo.edu