MatDash, founded by Ankita Biswas (SEAS Class of 2025), Ho Lun Chan (SEAS Class of 2025), Roberto Herrera del Valle (SEAS ’23), Ryan Grimes (SEAS Class of 2025) and Alen Korjenic (SEAS Class of 2025) offers a codeless ML platform to simplify industrial R&D and database curation via seamless model building, training and testing. Invest Capital AI, founded by Erika Bahr (MSBA Class of 2023), uses machine learning to augment investor decision-making in startup success while bringing equity to female and minority entrepreneurs. E-Z NumbĮ-Z Numb, LLC founded by Rithika Kormath (SEAS ’23) and Haeley Wotnosky (McIntire ’23) is developing a proprietary numbing cream technology to address the shortcomings of current local pain management products. College ContactĬollege Contact, founded by Leah Guesman (Col / McIntire ’23) and Sophie Smith (Col / McIntire ’23) is a fully remote, college counseling platform that connects underserved high school students to college undergraduates. ![]() There is a palpable commitment from this year’s Hoos to build incredible companies together.” 2023 i.Lab Incubator Ventures Boozy Frozen Treatsīoozy Frozen Treats, founded by Hoi-San Guan (Darden Class of 2024), is the Tostitos of frozen cocktails, bringing the party wherever you go: top-shelf liquor & real fruit creations to bring people together. The i.Lab Incubator embraces effectuation and its principles, supporting founders with their business demands around growth while cultivating common areas for founder collaboration. “Our startups represent a wide variety of products and services, and our founders have a range of backgrounds and skillsets to offer through both online and virtual participation. “We’re excited to serve a wide diversity of ventures and founders this year,” said Venture Programs Director Jason Brewster. By concentrating on effectuation, the incubator is able to serve many different kinds of ventures and founders. The i.Lab Incubator focuses on the principles of effectuation to guide entrepreneurship, and participating founders learn directly from the theory’s pioneer Saras Sarasvathy. “It takes a lot of ownership and responsibility, which can be intimidating, but it’s also immediately rewarding.” “It’s a really hands-on way to get immediate business experience,” he said. Peter Hamilton (JD/MBA Class of 2024), just finished his first year at Darden and is the cofounder of ema.ai, a personal assistant AI that calls users daily to record their memories and collects them in a digital journal. Getting the experience and network, and learning what the market is to better refine that application, are things I think we really need to sort out.” “We’re pretty confident in the technology side,” said Koenig, “ is more about the business side. It is a unique technology that could power wearable devices like insulin pumps or neuro stimulators. Together they are looking to commercialize the new battery technology Cai has been developing for the past five years, which has a higher energy density than any currently commercially available battery. As members of the cohort, ventures and their founders receive grant funding access to core workshops led by Darden faculty and experts in key skills for entrepreneurs, online resources, and special events legal support mentorship and advisory support from experienced founders and industry experts and eligibility to apply for the Kathryne Carr Award for Entrepreneurial Excellence.Ĭhen Cai (SEAS ’23) just graduated last month with his PhD, and is participating in the i.Lab with his co-founder and former professor at the UVA School of Engineering and Data Science, Gary Koenig. ![]() Solving real-world problems ranging from trying to find a sublease to building a better battery, these founders will find multi-faceted support in the i.Lab while they test, iterate and validate their solutions. They stand on the shoulders of giants, from Rhoback to Brandefy, and embrace the fact that the best learning is by doing,” said Omar Garriott, Executive Director of the Batten Institute. “We’re excited to welcome a large and diverse group of promising student ventures-and amazing student entrepreneurs from across schools at UVA-back into the iLab Incubator this summer. ![]() Hosted by the Batten Institute at the University of Virginia Darden School of Business, the 2023 summer incubator provides a goal-oriented, guided-learning program for student founders of innovative ventures. The i.Lab Incubator has returned with 14 in-person teams and six virtual teams ready to grow new startups this summer.
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