One of our MBA student teams, continuing their work from my fall Business Plan course is headed to the Rice University Business Plan Competition in April. Below a synopysis of the venture idea they sent in today, which comes courtesy of BC’s Sciences Department. This competition is a combination of written work and a series of live presentations. Good luck to the full-time, 2nd year students: Emily Fannon, Robert Sherwood, Andrew Starr, Yinhe (Terry) Zhou and Meghan Zipin.
NanoNET is an innovative lithium-ion battery manufacturer that is poised to dramatically change how the world experiences portable power. As portable electronic devices become more powerful and capable, battery life has not kept pace. Underperformance disappoints consumers, forcing frequent recharging, device capability limitations, and battery replacement. NanoNET addresses this problem with a revolutionary lithium-ion battery that improves performance: reducing charge time to mere minutes, extending battery cycle life twenty fold, improving capacity 100%, all while slashing the weight in half.