Hong Kong team wins WFU elevator competition

Students from the Hong Kong University of Science and Technology took top honors in Wake Forest University’s annual MBA Elevator Competition for their plan for a device that distinguishes between acute bacterial or viral infections.

The Hong Kong team is the first international competitor to enter the seven-year-old event, during which budding entrepreneurs pitch their business ideas to judges in a two-minute elevator ride meant to simulate the need to be clear and concise when dealing with investors.

A team from Wake Forest University also made the finals with its pitch for AudioFusion, which has a technology to retrain the brain to tune out tinnitus through a combination of sound therapy and directive counseling. Other finalists were from Harvard University and the University of Georgia.

More: bizjournals.com