 Image courtesy of Innovation Fund. From left to right: Chris Miller of Fontus Blue, Audrey Wallace and Amy Husted of Komae, Ronny Shalev of Dyad Medical, and Stephanie Ham of OncoSolutions Fontus Blue, which received a $50,000 Innovation Fund “B” Award, has a cloud-based software that helps water treatment plants optimize their use of treatment chemicals and processes, resulting in exceptional water quality with reduced operating costs. Today treatment plant operators don’t have a way to quickly and reliably tell how changing the amount of one chemical will affect the need for others, so they often use more chemicals than necessary. Decision Blue® uses real-world data and unique measures developed at the University of Akron, along with advanced multi-component optimization mathematics, to evaluate millions of possible combinations of treatment chemical dosage levels and search for cost-effective solutions. Fontus Blue, which is housed in the Akron Global Business Accelerator, is using the Innovation Fund award to a hire software developer and add features to its platform. The company already has 12 water utilities in six states using its platform.
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By Lisa Craig, lmc91@uakron.edu  O2 RegenTech, a startup spun out of The University of Akron and originally founded by Dr. Nic Leipzig, has received $100,000 in funding from the Innovation Fund Northeast Ohio.
Leipzig, an associate professor in chemical and biomolecular engineering, was joined by Dr. Andreas Inmann, an experienced medical device entrepreneur to commercialize cost-effective, easy-to-use wound care solutions based on technology originally developed at Leipzig’s UA lab. The proprietary technology is used by O2 RegenTech in an initial product offering, OXAID™, as an oxygen-releasing, moist, antimicrobial dressing to promote chronic wound healing. By Lisa Craig, lmc91@uakron.edu For the first time in the history of the LaunchTown Entrepreneurship Awards, one university swept all three top spots — The University of Akron. Six finalists out of 30 teams made their final pitches and vied for $10,000 in total cash prizes at the 11th annual competition, held April 27 at The Bit Factory in downtown Akron. The event, which is sponsored by the Burton D. Morgan Foundation, is an idea competition for new businesses, products or services that is open to all students, majors, colleges and universities in Northeast Ohio. Additional sponsorship of the event was provided by the Akron Global Business Accelerator, a program of the city of Akron.  By Lisa Craig, lmc91@uakron.edu
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