Two student-run tech startups will each receive $7,500 after sharing first place in Colby College’s sixth annual business competition.
Seven startups participated in the competition, which was held by the school’s Entrepreneurial Alliance on April 16. The competing businesses ranged from a pizza company to a distillery making absinthe, but the two winners — Omnicoach and eazel.io — are both software startups.
Omnicoach, pitched by founder Carl-Philip Majgaard, is a “data-driven web application that enables coaches to create, share and distribute custom workout programs, track various types of metrics, and gain personalized insights from every athlete,” according to the competition’s program. Omnicoach does not appear to have a web presence yet.
Eazel.io, on the other hand, has already built a website and launched an alpha test. Young Yoon, Eazel’s CEO and co-founder, pitched his startup as “the biggest museum in the world.” Yoon and co-founder Dong Ju Kang are building a company that will provide a virtual-reality platform to allow art enthusiasts to experience current and former fine art exhibitions from around the world.
The judges couldn’t settle on a clear winner, so split the $15,000 purse between the two companies.
“The Colby Entrepreneurial Alliance has a lot to be proud of,” Jess Knox, an organizer of Maine Startup and Create Week and one of the judges at the competition, told Maine Startups Insider. “All of the companies really did an excellent job. I’m especially excited to see how the winners, Eazel and OmniCoach, develop and work on product-market fit in the near future. Building startups is hard but the future seems bright for the CEA and the student presenters.”