The University of Michigan’s Zell Lurie Institute for Entrepreneurial
Studies held the finals for its annual all-student business plan
competition, the Michigan
Business Challenge, over the weekend. From 85 initial applications,
a record number for the school, four advanced to the finals, and the
winner was Ambiq Micro, which took $27,000 in cash grants.
Formerly known as Cubiq Microchip, the company was founded by Scott Hanson, a research fellow in the University of Michigan’s college of engineering; David Blaauw and Dennis Sylvester, professors from the department of electrical engineering and computer science; and David Landman and Philip O’Niel, two M.B.A. candidates.
Ambiq Micro plans to sell low-power microprocessors that could substantially extend the battery life of a range of tiny wireless devices. The start-up’s technology could be used in smart credit cards, computers, sensors that control temperature or detect motion in smart homes and buildings, and a variety of medical and mobile devices.
To read the full, original article click on this link: Microchip Technology Wins Michigan Business Challenge - You're the Boss Blog - NYTimes.com
Author: LORA KOLODNY
