For Immediate Release:
Provo, UT— Saturday April 18th, KiLife Tech emerged as the top startup taking home the grand prize from the Rice Business Plan Competition, the most prestigious business competition in the country. The competition, hosted by Rice University in Houston Texas, is the largest and richest competition for student start-ups in the world.
KiLife Tech founded by students from BYU and the U of U beat out 400 other teams, from top universities all over the world, to win the grand prize of more than $600,000 in cash and prizes.
Those prizes include over $560,000 in investment awards from The Owl and The Goose Society of Texas; treasury services from Bank of America; Business Plan software provided by Palo Alto Software; marketing and design services by BrandExtract and The Padgett Group; and the opportunity to ring the closing bell at the NASDAQ stock exchange on Wall Street later this year.
“We are just so flattered and blown away,” said Spencer Behrend, CEO of KiLife Tech.
KiLife Tech created the Kiband, a child smartband that helps prevent losing a child and provides parents peace of mind. To learn more about the Kiband and KiLife Tech, visit Kiband.com.