2019 Fall Cohort Selected for the George Shultz Innovation Fund
The Polsky Center for Entrepreneurship and Innovation at the University of Chicago has announced the four companies moving on to the fall finals of the 2019 George Shultz Innovation Fund. Each of the finalists will present their ventures to the Shultz Innovation Fund advisory committee and public audience during an event hosted by the Polsky Center on Thursday, December 5.
The Schultz Innovation Fund is a multi-million dollar venture-philanthropy fund that is supported by alumni donations and invests in proof-of-concept and early business development work for viable new startups created by faculty and students. One hundred percent of its returns are invested back into the Fund, ensuring that it remains an evergreen, permanent feature of the University of Chicago’s entrepreneurial ecosystem. The core mission of the Shultz Innovation Fund is to help researchers turn their innovations into ventures that advance cutting-edge technologies, generate significant financial returns, and create lasting impact for humankind.
The fall 2019 cohort finalists are:
DrLullaby is a digital platform that allows exhausted parents to access evidence-based sleep improvement strategies. Dr. Medalie is one of less than 30 board-certified, formally-trained pediatric insomnia specialists. Dr. Medalie found DrLullaby to improve access to care for the 30% of children struggling with the detrimental effects of sleep loss. Affiliation: BSD, Psychiatry. Team: Lisa Medalie (Founder), Lauren Blake (Lead), Lindsay Romano, Jingru Wang
Laiya is an innovative and intelligent solution provider for new drug development. Laiya specializes in Bayesian adaptive designs and implementation for drug and device clinical trials. Their mission is to develop the best-in-class adaptive designs, strategies, and integrated SaaS platform to lower the risk of trial failure, accelerate process time, and maximize portfolio returns. Affiliation: BSD, Public Health Sciences. Team: Ping Liu (Lead), Yuan Ji (PI)
NGOrganize provides advanced digital tools for organizations to manage, monitor, and report their social impact.Their products allow nonprofits to deliver a quantified view of program success to donors and beneficiaries, and empower companies to communicate the ‘social ROI’ of their investments to impact-focused investors, employees, and customers. Affiliation: Booth School of Business. Team: Anish Nagar (CEO); Ani Ajith (CFO); Ajay Nagar (CTO); Dilbag Singh (Customer Success)