Austin, Texas --Plans promoting ventures as varied
as bio-tech home health care devices, a fish disease preventing drug and a
kids’ toy car store made it to the finals of the World Moot Corp competition
Friday.
Five teams of MBA students from
U.S. universities are in the running for the $100,000 grand prize, the largest
such prize of its kind in the world. Graduate school teams from Georgia,
Michigan, and Chicago will join the University of Colorado at Boulder and the
University of Texas at Austin, in head-to-head competition in the final round
Saturday afternoon.
The finalists’ and their
business plans are:
AutoShop Inc., from the University of Chicago Graduate School of Business, offers “tween” shopping boys aged 5 to 12 an opportunity
in which they select, customize and assemble their own racing car toy and run it
on a racetrack located at the store.
Aqua Vitae Enterprises, from the University of Georgia has created
a patented compound to lower the mortality rate of ornamental fish. The team
aims to market the Aqua Vitae product to cut down on the estimated 180 million
ornamental fish a year, -- worth more than $615 million -- that die from the
stress of transporting them or changing the fish tank water.
Xoran, from the University of Michigan, with its pioneering
“MiniCat” scanner seeks to bring to market small, inexpensive scanners for
in house use by medical specialty practices.
Roving Planet, from the University of Colorado at Boulder, has
designed a system that will operate a number of applications to thousands of
customers simultaneously.
Private Concepts, from the University of Texas at Austin, has
developed a series of home-based health products for women, the first of which
is a self-administered cervical cancer screen.
Eds: Throughout the competition, high-resolution photos
suitable for publication will be available. The site will, by midnight Saturday,
include the pictures of the winning teams. The web site is: http://www.bus.utexas.edu/news/mootcorp2002/