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Where Are The 2015 MN Cup Winners Now?

Where Are The 2015 MN Cup Winners Now?

A look at where last year's division winners are today.

Minneapolis-based StemoniX won this year’s Minnesota Cup, a statewide entrepreneurial competition, for its work with stem cells to help with drug development and improve patient diagnosis and treatment. The win provides the company with seed money and more than a bit of recognition, but just competing has its perks: The startups get to work with mentors to refine their business plans and pitch to investors. TCB took a look back at last year’s divisional and overall winners to see where they are now.

Astropad

2015 Minnesota Cup winner
2015 high-tech division winner

Founded: 2013
Product/service offered: Astropad software, which turns any iPad into a graphics and drawing tablet for a computer, for a lower price than similar options (which run in the thousands of dollars).
Where are they now?

  • Sales up four-fold.
  • Over 270,000 artists using Astropad.
  • Expanded headcount from two last year to six today (with a seventh coming shortly).

Stratetek

Energy/clean tech/water division winner

Founded: 2014
Product/service offered: A small, lightweight, fuel-efficient generator offering three times the power of similar-sized generators.
Where are they now?

  • Finished prototype engine and running early tests.
  • Rebranded product line as LightNG Portable Power.
  • A 10 hp engine that weighs just 5 pounds and is the size of a 2-liter bottle.

Simpls

Food/ag/beverage division winner

Founded: 2014
Product/service offered: Grab-and-go retailer that offers local, organic, high-quality food and drink, including salads, sandwiches, soups and snacks
Where are they now?

  • Remodeled the store and added espresso and teas.
  • Opened second location in downtown Minneapolis at Ninth and Nicollet skyway, which will increase headcount from seven to 13.
  • Expanded fresh deli options and developed local partnerships to carry freshly baked bread and pastries.

Woodchuck

General division winner

Founded: 2012
Product/service offered: Custom wood products and packaging such as journals and phone cases, as well as custom corporate gifts.
Where are they now?

  • Doubled in size and expanded production facility.
  • Added more annual contracts for consistent sales flow.
  • Hired director of sales with 20+ years of growing businesses.

Learn to Live

Life science/health IT division winner

Founded: 2013
Product/service offered: Online therapy programs for people with mental health problems, including stress, anxiety and depression.
Where are they now?

  • Doubled B2B client base.
  • Revenue has grown by 500 percent.
  • Raised $1.4 million in a second funding round.
  • Doubled headcount.
  • 300,000 users accessing the platform.
  • Launched new website in August and will launch a mobile app in Q1 2017.

Ova Woman

Student division winner

Founded: 2015
Product/service offered: Developing a line of intimate health products for women Where are they now?

  • Pivoted from products to offering consulting services.
  • Conducting market research to gain insight on topics considered taboo about women’s health because of their intimate nature.

Civic Eagle, the 2015 Social Entrepreneur winner, did not respond to our request for an update.