CHICAGO, Ill. – May 2, 2012 - InContext Solutions, a world renowned leader in market research, recently participated in the 2012 Rice Business Plan Competition as a sponsor and awarded the IT University of Copenhagen, Denmark the “Disruptive Technology Award” as well as a $3,000 prize for its innovative Senseye software.
The award-winning Senseye software makes it possible for users to operate their mobile devices using only their eyes. Users can activate their mobile device’s screen and use their phone to scroll through websites, play games or do other functions merely by moving their eyes across the screen. The software registers the movement and operates the phone accordingly.
Now in its 12th year, the Rice Business Plan Competition is designed to give collegiate entrepreneurs a real-world experience where they can fine tune their business plans and elevator pitches to generate funding to successfully commercialize their products.
“The competition is a great opportunity for the top young entrepreneurs to come together and share their innovations and be encouraged and rewarded to pursue their ideas,” said Bob Gillespie, CEO and co-founder of InContext Solutions. “This competition arms them with real world experience while also fostering the creative spirit that is at the core of the competition.”
InContext Solutions combines 3D simulations with the speed and flexibility of the web in order to provide some of the nation’s top companies with actionable insights to more effectively launch products into the marketplace.
The company initially became involved with the Rice Business Plan Competition in 2009, when it finished 12th out of more than 300 organizations that submitted business plans. Three years later after experiencing the impact the competition can have on a young business coupled with CEO Bob Gillespie’s continued passion for strengthening the entrepreneurial community, InContext Solutions became a chief sponsor of the 2012 event.
“The Rice Business Plan Competition is a great launching pad and opportunity for young entrepreneurs. We wanted to do our best to help guide and support the next generation of innovators,” added Gillespie. “I believe that smart, passionate people can be a great asset to companies big and small. It’s important to help nurture these individuals through these events, as they will ultimately help strengthen the overall landscape of the entrepreneurial community.”