The theme of the event was waste. Not what you might think: wasting time or wasting resources. Rather, the topic had to do with waste management.<\/p>\n
At this year’s Innovation Challenge – a School of Business annual event that recruits teams competing to provide innovative solutions to urgent problems – 22 students representing six teams offered their solutions to the growing problem of waste management. Their answer to the problem had to be a model that reduced\/reused\/recycled\/replaced waste; was a product and\/or a service; and was created for markets such as households, schools, industry, etc. Teams had to create a presentation board and present their solutions to a panel of judges.<\/p>\n
The first-place $1,000 prize went to “Scrap-it,” a program designed to connect community members with local scrap yards, with the goal of building a network to promote recycling of various materials.<\/p>\n
The second-place prize went to “Grey Matter Systems,” which would redirect greywater – relatively clean waste water from baths, sinks, washing machines, and other appliances – for uses such as flushing toilets and lawn sprinklers.<\/p>\n
Third place went to “Biocept,” a system that processes sewage into biofuel. Fourth place presented “Cleanr,” a waste management solution that uses computer-vision algorithms trained on deep neural networks to automate the trash-sorting process at waste management centers.<\/p>\n
\u201cThe event was successful because the participating students from all majors got a chance to work together and provide solutions for a complex problem through innovation-development processes,” said Dr. Betty Feng, assistant professor of business management. “Most importantly, the event enhances multidisciplinary collaboration and innovative thinking among our students.\u201d<\/p>\n
The event was funded mostly by PSEG Long Island, which donated cash prizes totaling $1,250. The energy giant also provided judges for the event. E-Fest – a national event that celebrates undergraduate student entrepreneurs – also donated prize money, and provided the Challenge topic.<\/p>\n
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