| Lafayette Day by day Advertiser
A Boston-based start-up aiming to assist sufferers get well from addictions gained Innovate South’s Get Began Medical Pitch Competitors on Thursday, taking house the $20,000 money prize.
The winner, DynamiCare, is a digital platform that makes use of know-how for saliva and urine take a look at verification, therapy attendance check-in, offering teaching and distributing rewards to customers. As a part of the platform, customers may be rewarded with cash loaded onto a particular debit card that can’t be used at liquor shops or bars or for money withdrawals.
“We got here up with the thought of taking the perfect practices within the habit analysis literature that promote motivation and accountability and reworking them right into a know-how platform that might assist thousands and thousands of individuals get well from an habit,” mentioned Eric Gastfriend, DynamiCare’s co-founder and CEO.
The pitch competitors was a part of Innovate South, an annual enterprise convention in Lafayette geared toward serving to companies develop. The convention was held nearly this yr because of COVID-19.
As a part of the convention, companies had the chance to compete in two pitch competitions. On Wednesday, firms pitched potential initiatives for Acadiana’s Alternative Zones. The Get Began Medical Pitch Competitors awarded a money prize to the perfect medical start-up.
“We had some wonderful contributors,” mentioned Leigh King, the vp of Cox Enterprise Louisiana, which offered the money prize.
Greater than 60 start-ups entered the competitors, and judges narrowed the pool to 6 finalists. The finalists introduced three-minute pitches to a panel of judges Thursday night time in hopes of profitable the money prize.
The 5 different opponents represented firms from 5 completely different states. MedCrypt, primarily based in Solana Seaside, California, provided a cybersecurity answer for medical gear producers.
DOCPACE, primarily based in Metairie, pitched its synthetic intelligence entrance workplace assistant, which aimed to streamline the pre-appointment course of and enhance communication with sufferers.
Brightlamp, from Indianapolis, Indiana, pitched its eye-testing platform which seems to assist with mind damage restoration.
OR Hyperlink, primarily based in Lexington, Kentucky, provided its workflow administration system for surgical procedures, which reduces waste and makes operations extra environment friendly.
M&S Biotics, primarily based in Houston, Texas, pitched its system that makes use of RFID to trace gear in working rooms and improve effectivity throughout operations.
The pitch competitors is in its third yr. In 2019, the winner was Winter Improvements, which created an “EasyWhip” needle that helped surgeons carry out graft stitching on torn ligaments and tendons.
Gastfriend mentioned the monetary assist was particularly necessary amid the COVID-19 pandemic, which has worsened habit points throughout the nation.
“Along with the pandemic we’ve occurring, there’s additionally an epidemic occurring of habit, and it is solely getting worse with the pandemic,” Gastfriend mentioned. “I actually admire this recognition of this extremely necessary human problem that we’re engaged on making an attempt to handle by way of innovation and entrepreneurship.”