Connected Wise Places 3rd in Social Ventures Competition

The Social Venture Competition, sponsored by the University of Central Florida, celebrates and rewards startups who have developed solutions intended to impact society’s biggest problems.  UCF’s Social Venture Competition differs from other business contests in that, at the core of each business is a greater purpose to serve individuals or a community. Cameron Ford, director of UCF’s Center for Entrepreneurial Leadership and Blackstone LaunchPad, created the competition in 2015 to provide a platform to learn how to utilize entrepreneurship to address complex, social problems that have both socio-economic and environmental implications.

Qualifying venture proposals must have a clear, measurable social or environmental “benefit” included in the venture’s mission, have a planned source of revenue sufficient to sustain the proposed venture, be potentially scalable, thus increasing the likelihood of significant societal impact, and include at least one UCF student on the founding team.

Third place was awarded to Connected Wise’s smart-board device that provides drivers with vehicle-to-infrastructure communication especially in suburban and rural areas to reduce traffic fatalities.

For further details on the competition, please visit UCF’s website.