CUBE CLIENT SPOTLIGHT: International Milk Bank is Regional Winner in SBA InnovateHER Challenge Competition
A Sparks-based company that provides a reliable, safe and abundant source of human milk products for infants has been named the regional winner in the annual SBA InnovateHER Challenge competition. The winning company, International Milk Bank, now will compete with winners of more than 100 other regional competitions in the United States for national honors. Cash prizes for national winners include $40,000 for first, $20,000 for second and $10,000 for third. Microsoft Corp. provides the awards, which will be announced in mid-March.
The SBA InnovateHER Challenge recognizes companies whose work impacts women and children with products and services that can be commercialized and meet a need in the market.International Milk Bank is developing systems and facilities to provide sterile human milk to meet the needs of infants, particularly infants in neonatal intensive care units. Glenn Snow, the company’s chief executive officer, said the work of International Milk Bank is closely aligned with the goals of the SBA InnovateHER competition.“It’s our core mission to partner with mothers to meet the needs of babies, especially high-need babies in neonatal intensive care units,” said Snow. Crowded Reality, a Reno company that’s developed a crowd-funding platform for televised reality programming, took second place in the regional SBA InnovateHER competition. Adryenn Ashley, the CEO of Crowded Reality, said the company’s work empowers women and positively impacts the lives of women with its focus on positive programming.
The winners were selected from a field of eight participating companies that made 10-minute pitches to a panel of judges. That’s four times the number of entrants in the local regional SBA InnovateHER Challenge in 2014, the competition’s first year.Judges included Irene DeHuff, the chapter president of SCORE; Jill Tolles, an adjunct professor of communications at the University of Nevada, Reno; and Kelly Northridge, an instructor of entrepreneurship at UNR. The competition was co-sponsored by the Nevada District Office of the Small Business Administration and The CUBE at Midtown, a business incubator and education center in Reno.
Karol Hines, Director of Programs at The CUBE at Midtown, said the SBA InnovateHER Challenge provides an important stage to provide greater visibility, nationally as well as regionally, for northern Nevada companies whose work improves the lives of women and children.
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