For Immediate Release:
7 April 2015
There’s no Rivalry Here, BYU and U of U Student Startup, KiLife Tech, Finalist in Largest Most Prestigious Business Competition in the US.
The Rice Business Plan Competition is the “world’s richest and largest graduate-level student startup competition.”
Provo, UT— KiLife Tech, a student start-up founded by both BYU and U of U Students, has been selected to compete in the Rice Business Plan Competition in April. The Rice Business Plan Competition is the largest and richest business competition in the world. Only 42 of the 400 entering teams have been selected to compete.
This year, the competition has added a People’s Choice Award. This new category is meant to challenge the spirit of each university. Friends, family, students, alumni, and community members can vote through a Facebook survey. Whether people bleed red or blue, they can support these young entrepreneurs by going to https://apps.facebook.com/rbpc_fifteen/poll
The Kiband, KiLife Tech’s first product, is a child safety smartband that links with a caregiver’s smartphone and is designed to give parents a hands-free way to keep track of children in public, crowded places.
KiLife Tech CEO, Spencer Behrend said, “Winning the People’s Choice Competition would allow us to finish development sooner. That means that Kiband can start protecting children earlier, and prevent them from becoming a statistic.”
For more information on Kiband and KiLife Tech, visit Kiband.com
For more information on the 2015 Rice Business Plan Competition, visit http://alliance.rice.edu/rbpc.aspx.