Alumni startup Refresherboxx receives over $100,000 in cash prizes at virtual Rice Business Plan Competition 2020.
Congratulations to our Batch #10 alumni startup RefresherBoxx for being part of this year’s Rice Business Plan Competition finals! The German startup received the $100,000 TiE Houston Angel Group Investment Prize and ranked in 4th place in the Rice Business Plan Competition and the Mercury Fund Elevator Pitch Competition, receiving additional $5,500 in cash prizes.
The Rice Business Plan Competition is the world’s largest graduate-level student startup competition. It is hosted and organized by the Rice Alliance for Technology and Entrepreneurship in partnership with TiE Global, a nonprofit organization devoted to entrepreneurs in all industries. This year 42 teams from around the world competed for more than $1.5 million in cash and prizes.
Refresherboxx’s goal is to stop the waste of resources and contribute to an improved quality of life for people worldwide by revolutionizing washing. The RefresherBoxx is a device that eliminates viruses, bacteria, fungi, and other micro-organisms. The product is designed as a refreshing and hygiene device for hotels, businesses, and home use, and the company is currently researching its effectiveness against the coronavirus. Read more about their product on their website.