UCI Applied Innovation startup MetaSeismic, a business that develops technology to protect lives and property during earthquakes, took first place at Get Started OC, a pitch competition hosted by Cox Business in Anaheim at the House of Blues.
The competition awarded MetaSeismic with $20,000 in cash, a $5,000 Cox Business technology package and a one-year mentoring package to MasterMinds OC, a startup accelerator.
MetaSeisemic Founder and CEO Noemi Bonessio, Ph.D., was inspired to pursue her company after watching Italy, her home country, experience detrimental earthquakes. She wants the human lives and businesses located in earthquake-prone areas to be safe and secure in case disaster hits, and hopes her company will have a global impact. Through her startup, Bonessio is working on earthquake-protection technology related to saving lives and property.
Bonessio presented her two-minute pitch to a distinguished panel of judges and then answered a series of questions. She competed against four other finalists, all of which were selected from a list of 50 startups that applied. Each team was judged on presentation, product viability, scalability, revenue model, and its unique position in the market.
“This award will really contribute to raising awareness of our technology and promoting its development toward commercially viable solutions that will eventually protect lives and prevent property destruction from earthquakes around the entire world,” said Bonessio.
MetaSeismic also gained $225,000 from the National Science Foundation in April of this year. MetaSeismic intends to use their awards to further research and innovate around this important issue. Recent highlights for the startup include winning the “Most Disruptive Award” from Tech CoastAngels Extreme Coaching bootcamp for entrepreneurs hosted at the Cove @ UCI earlier this year and an award from the ANTrepreneur Center for “Visionary of the Year”.
Cox began Get Started OC in 2013 to encourage startups to pitch their ideas to renowned experts for the ability to gain recognition and awards to further their businesses.