5th Annual ASME IShow to be held June 11 in Dallas, Texas
NEW YORK, June 2, 2011 – ASME has announced that ten collegiate teams will be competing in the on June 11. The ASME IShow provides the full experience of product development and commercialization to undergraduate and graduate students, bridging the gap between engineering knowledge and practical business skills. The competition will be held in conjunction with the ASME Annual Meeting at the Intercontinental Hotel-Dallas in Addison, Texas.
Inspiring students to be product innovators and entrepreneurs, the ASME Innovation Showcase gives top collegiate teams an opportunity to compete for access to over $20,000 in prize funds to further develop their products. Using their technical knowledge and creativity, winners must prove to a judging panel of successful innovators, industry experts and intellectual property specialists that they have a sustainable business model and a product that will have a major impact on their chosen area.
With innovative ideas including an implantable dialysis system and pedal-driven water purification device for use in developing countries, each ASME IShow team strives to utilize its new product concepts to impact the lives of people around the world through accessible and marketable inventions. Prior to the competition, the participants are matched with mentors from their local entrepreneurial community – angel fund investors, universities, and technology-based economic development services – to help them refine their product, develop a business model, and create a product “pitch”.
“The ASME IShow offers participating teams a unique platform to hone both their engineering and business skills by applying them to today’s real-world challenges,” said Robert T. Simmons, president of ASME. “This competition gives these hardworking and dedicated student teams the inspiration and resources needed to turn their ideas into tangible products that could someday change the world.”
The following collegiate teams will participate in the ASME IShow:
- Johns Hopkins University (Hemova)
Hemova is an implantable medical device that performs kidney dialysis. According to the research and design team, Hemova reduces the potential for stenosis and infection and lasts three times longer than conventional kidney dialysis systems.
- Massachusetts Institute of Technology (The MIT Knee)
The MIT Knee is a full-leg prosthetic developed specifically for use in the developing world.
- Massachusetts Institute of Technology (Sanergy)
Sanergy is a business model providing sanitation, waste management, and agricultural services to people in need.
- University of Michigan (DIIME)
DIIME is the acronym for Design Innovations for Infants and Mothers Everywhere, a business initiative that has developed a method to improve blood transfusions for pregnant women.
- New York City College of Technology (City Tech SniffBot)
City Tech SniffBot is a robot that employs sensors to detect chemicals. It features a solar power backup system that can adjust the tilting angle of the solar panel according to changing movements of the light source.
- Rensselaer Polytechnic Institute (WindMEC)
Presented as a new and more cost-effective wind energy system, WindMEC transports mechanical energy directly to where it is needed, reducing the steps between the energy source and the end use.
- Rice University (Harvesting Energy for Aerial Vehicles)
The technical design team, Team MAVerick, has created a modular energy harvesting device that uses photovoltaic and piezoelectric technologies to collect and store electrical energy for use in micro-aerial vehicles operated by the U.S. Air Force.
NeoSyP is a gravity-driven, clock-regulated mechanical pump that can deliver medicine and nutritional fluids to infants. The pump has been designed for use in developing countries as a replacement for intravenous therapy.
- Ryerson University (AMO Arm)
The AMO, or artificial muscle-operated, arm is a prosthetic device that is powered by compressed air and controlled by EEG signals from the brain.
- Western New England College (The Waterboy)
The Waterboy is a portable pedal-powered water purification system for use in remote locations of developing countries. According to the design team, 7.5 minutes of continuous pedaling provides enough daily clean water for two people.
For more information about the ASME IShow, please visit: http://www.asme.org/events/competitions/asme-ishow
ASME helps the global engineering community develop solutions to real world challenges. Founded in 1880 as the American Society of Mechanical Engineers, ASME is a not-for-profit professional organization that enables collaboration, knowledge sharing and skill development across all engineering disciplines, while promoting the vital role of the engineer in society. ASME codes and standards, publications, conferences, continuing education and professional development programs provide a foundation for advancing technical knowledge and a safer world.