Contraline places second in the Inaugural ACC Inventure Prize
Thursday, May 12th, 2016
Charlottesville, VA – On April 6th, Georgia Tech hosted the inaugural ACC Inventure Prize in Atlanta, Georgia. The event highlighted undergraduate entrepreneurs from each Atlantic Coast Conference school who competed for $30,000 in cash prizes. Representing the University of Virginia was team Contraline, a biotechnology and medical device company developing a novel male contraceptive.
Co-founder Kevin Eisenfrats pitched on stage, but helping him prepare for the competition were student researchers Melissa Skoff, Brittainy Hereford, Chris Winans, and Andrew Portell. The final stage of the competition was broadcast live on television and streamed online. The panel of judges include: Tammy Camp, partner at 500 Startups; Vivienne Goldstein, Global Director of Innovation Acceleration at GE; and Doron Weber, Vice President at the Alfred P. Sloan Foundation.
Contraline won second place and a prize of $10,000 for their non-surgical and reversible male contraceptive. “It’s quite an honor that the University of Virginia selected Contraline to represent the school. I’m very happy that we placed and were able to show the world how entrepreneurial UVA is” said Kevin Eisenfrats.
The competition and results can be viewed online here.