The Baiada Center for Entrepreneurship held their annual Business Incubator Competition June 4, in which startup businesses compete for funds and a designated space in the Baiada Business Incubator. Stabiliz Orthopedics, a company designing a new fracture fixation device to help trauma patients, won first place in the event.
Stabiliz is made up of Doug Cerynik, CEO; Michael Adelizzi, CTO; Brad Grossman, COO; and Mark Seltzer, CFO. All four members are MBA candidates studying business administration in the LeBow College of Business.
The company received $12,000 in start-up funds and more than $35,000 in in-kind support for finishing in first place.
“The Stabiliz team was very strong, very experienced,” Mark Loschiavo, executive director of the Baiada Center, said.