Brigham lives the KiLife at Rice

KiLife, a Brigham Young startup developing smartbands for parents looking to keep track of their children, has won the Rice Business Plan Competition – the largest student startup competition in the world.

KiLife secured prizes totalling $588,000 at the competition, which was hosted by Rice University’s Rice Alliance for Technology and Entrepreneurship, the number one ranked university incubator in the world according to UBI Index.

Second place went to Inscope Medical Solutions of Louisville University, which secured $133,000, and third place went to Carnegie Mellon University’s Hylilion, which won $162,500 in total for its fuel-saving hybrid module for tractors.

The competition is now in its 15^th year, and has grown from nine teams competing for $10,000 to seeing 155 former competitors still being in business today, 15 sales of businesses, and $1.3bn raised in external fundraising between them.