15 October 2007
2007 Enterprize Winners: Mark Bathie and Abhishek Sodhani, CVSDude.
Winner of the i.lab Prize - TenasiTech: (back row standing l-r) Leila Herne, Grant Edwards, Craig Belcher, Jamie Herriott, (middle row seated l-r) Kevin Thomson (holding certificate) and Darren Martin, (front row seated l-r) Paul Sernia, Anne-Marie Birkill (CEO i.lab), Anu Moulee, Rachel Quin
A home-grown business that already services 43,000 software developers globally last night took out the $100 000 prize in UQ Business School's Enterprize competition.
CVSDude provides version control and enhanced security for software developers all over the world.
CEO Mark Bathie said CVSDude overcame the problems associated with geography.
He said, "Whether team members are located in Dubai, London, Bangalore, or Brisbane, our system effectively puts them all in the same room together."
"So far, we've worked with individual developers and SMEs - the Enterprize win will fund the development of a product to suit big corporate clients."
The CVSDude team is made up of Mark Bathie, Guy Marion, Jeremy Kirkwood, Sarah George, Mark George, and UQ MBA student Abhischek Sodhani.
Sodhani said working with CVSDude gave him the opportunity to apply his learning.
Winner of the i.lab prize, TenasiTech Pty Ltd, has come up with a way to dramatically increase the strength of thermoplastic polyurethane elastomers while maintaining flexibility.
Darren Martin, inventor of the enhanced material and technology champion for the TenasiTech team, is excited by the multiple applications for this soft, strong product, one of which is the not-so-humble golf ball.
He said, " The support of UniQuest and AIBN at UQ to help us develop the technology has enabled us to achieve this milestone and taking part in the Enterprize competition gave us the opportunity to really look at the commercial opportunities for a whole range of new and existing products."
TenasiTech company director, Craig Belcher, said the potential markets for this product were endless and included leisure and sporting applications, textiles, industrial, automotive, and biomedical applications, and even fast moving consumer goods such as disposable nappies.
"With the i.lab prize we can really focus on developing the company as a viable enterprise that is likely to have a significant impact on all these industries," he said.
The i.lab prize consists of a 12-month residency at the technology incubator (named Incubator of the Year in 2006) along with access to invaluable mentoring and coaching opportunities.
Media enquiries:
Cathy Stacey
Phone (07) 3365 6179
Mobile 0434 074 372
Fiona Sutton
Phone (07) 3365 6748
Mobile 0423 637 699
Email media@business.uq.edu.au
