National Cade Prize for Innovation Names 21 Finalists (Fintech News)

National Cade Prize for Innovation Names 21 Finalists

Judges for 2023’s National Cade Prize for Innovation named this year’s 21 Fibonacci Finalists. Finalists will compete to win $10,000 in their respective category group—Agriculture and Environmental, Healthcare/Biomedical, IT/Tech, Energy, and Wildcard. One of the five category winners will be selected as the Inventivity™ Grand Prize winner and take home an additional $50,000 prize.

For the first time, this year’s 14th Annual Cade Prize for Innovation accepted applications from inventors and entrepreneurs based anywhere in the United States. Almost half of this year’s 21 Finalists are from outside of Florida. Prize applicants from 15 states, affiliated with research universities, the private sector, and technology transfer organizations submitted early-stage inventions.

Two UF startups — Lactovid and Analyz — are listed among the Fibonacci Finalists. Lactovid provides relief for acute and long-term COVID patients, an invention by David Ostrov of UF’s Department of Pathology, Immunology, and Laboratory Medicine. Analyz, founded by Raj Gautam Dutta of UF’s Department of Electrical and Computer Engineering, provides analytics and security for computer chips. Gautam is a resident client at UF Innovate | Accelerate.

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