I’m picking this up about a month late, but it is worth writing about anyway. The second edition of the DFJ and Cisco Global Business Plan Competition concluded on June 29. This year’s winner is Ambiq Micro, a ubiquitous computing startup incubated at the University of Michigan, US. The company is developing next generation, energy efficient micro-controllers. Their prize is seed money worth $250,000. Read more about them here.
Also read about last year’s winners, Husk Power Systems, here. Last I checked, they are going great guns and picked up additional funding this year. The company closed a $1.25 million Series A funding from Acumen Fund, Oasis Fund and others and $350,000 from IFC. Read the full story
