BUSINESS PLAN COMPETITION
2011 Competition

Our goal is for every participant to emerge a winner through mastery of IP commercialization skills that will enhance their business success now and in the future.
LES Foundation Announces the 2011 Competition Winners
Grand Prize Winner
NanoMed from Washington University-St. Louis won the 2011 LES Foundation International Graduate Student Business Plan Competition for the biomedical startup’s plan to revolutionize neurological surgical mesh using state-of-the-art biomaterials that are easier to use and more easily integrated into the body.
2011 LESI Global Award Recipient
Student entrepreneurs from Lund University, Sweden received the $5,000 Licensing Executives Society International (LESI) Global Award for their start-up company, ShieldHeart which has developed a protection device technology platform to ‘shield’ vital organs, blood vessels and nerves from ruptures and bleeding that are often associated with Negative Pressure Wound Therapy (NPWT) systems. The Global Award is presented annually, in conjunction with the LES Foundation Graduate Student Business Plan Competition, to the student team whose plan best deals with intellectual property (IP) rights and their use in the global business environment.
Runner-up Teams:
- Saint Petersburg State University, Russia: Computer Vision
- University of Adelaide, South Australia, Australia: leapin.com.au
- University of Arkansas, USA: cycleWood Solutions, LLC
- University of Wisconsin-Madison, USA: Imbed Biosciences
Read More about the Finalists and Supporters. View a photo gallery of the Competition activities in London.
The LES Foundation, along with the Licensing Executives Society (U.S.A and Canada) Inc., and the Licensing Executives Society International, congratulate the winners and all of our 2011 participating teams on jobs well done!
Why Participate in
the LES Foundation Competition?
There are a lot of choices when it comes to selecting a business plan competition. Consider this…
Never before has business relied more heavily on the power of intellectual property (IP) and innovation. Our unique global event focuses on business plans that include an overview of IP assets and how these IP assets are commercialized to achieve overall business goals.
Sound intimidating? No worries, we offer expert mentorship and resources to help you along the way.
We invite you to examine the untapped potential of your business plan and maximize your success by learning how to leverage IP assets through the LES Foundation Competition.
Key Dates for the 2011 Competition:
| November 18, 2010 | Team registration opens |
| February 18, 2011 | Deadline for team registration |
| February 21, 2011 | Business plan submission opens |
| March 4, 2011 | All business plans due |
| April 18, 2011 | Finalist teams invited to participate in the London activities |
| June 4, 2011 | Final round competition in London |
| June 5-8, 2011 | LES International Annual Conference in London, England |
Thank You to Our Supporters!
The 2011 Competition is made possible by these organizations:
![]() | |
![]() |
|













