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BENEVOLENT ROBOTICS COMPETES IN NEW VENTURE CHALLENGE 15
BOULDER,
CO (MARCH 29, 2022) - On March 29, 2022, Benevolent Robotics LLC competed in
its second entrepreneurial pitch competition for the year, New Venture
Challenge at University of Colorado Boulder.
New Venture Challenge connects members of the CU Boulder campus with the
thriving Boulder start-up community. Up
for grabs is a total of more than $100,000 in funding.
Previously
in the year Benevolent competed in the Monfort Entrepreneurial Challenge hosted
by the University of Northern Colorado. One
difference from last year? Both pitch
competitions were held in person rather than remote.
Benevolent
Robotics LLC was founded January 4, 2021, by Jon Burroughs, who will graduate
from University of Colorado Boulder with his MBA (Masters in Business Administration)
this spring. “Participating
in competitions like New Venture Challenge helps us get feedback on our
business model, but even more important is talking with the people who we want
to serve. This past year we presented at the Christopher and Dana Reeves
Foundation Summit, we were a central participant at Liberate 2021, a workshop
hosted by the National Science Foundation, and we did customer discovery workshops
like NSF iCorps’ Research to Market. Gaining
a deep understanding of the challenges that our customers face is a key activity
for our business.”
This
year, Benevolent unveiled its robot for helping people who live with paralysis,
aiming first to help people with quadriplegia, which is the partial or complete
paralysis of all four limbs of the body. The robot’s design builds on lessons that Burroughs
learned developing robots for underwater, consumer, commercial, and space applications,
in addition to work with people living with paralysis.
“We
believe that our company can do very well by doing something very good,”
says Burroughs. “Any funds we win
from NVC15 will be used to advance our early pilot studies this summer.”
Participants
who will advance to the second round will be announced the evening of March 30,
2022. Teams that make it to the championship
round will pitch April 12 at the Boulder Theater. To learn more about the New Venture Challenge
and to register to attend the finals visit http://www.colorado.edu/nvc/
About Benevolent Robotics
We
are developing safe and beneficial robots of the future to help the humans we
love today. Learn more about Benevolent Robotics LLC and let us know if you
would like to participate in our upcoming pilot studies at
http://benevolentrobotics.com.
Contact
Jon
Burroughs
720-295-6760
jon@benevolentrobotics.com