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Columbia University Spin-Off Takes First Place in Start-Up Competition

December 17, 2008 /

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The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

Columbia University spin-off company, StackSafe, Inc. http://www.stacksafe.com/ , is the winner of the 2008 National University Start-Up Competition.

Beating out more than 400 entrants from across the country, StackSafe was awarded first prize after a rigorous assessment by an online panel of over 300 venture capitalists, angel investors, and university judges.

“We are honored to receive this recognition from such a tremendous group of experienced investors and entrepreneurs,” said Loren Burnett, StackSafe’s CEO and President. “We extend special thanks to Columbia, which encouraged us to take part in the competition. They’ve been supportive from the very early days of our company and continue to be strong champions as we build and grow our business.”

Full Story: http://www.newswise.com/articles/view/547489/?sc=rsbn

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