Updated: Wednesday, 27 Feb 2013, 4:03 AM EST
Published : Wednesday, 27 Feb 2013, 4:03 AM EST
ANN ARBOR, Mich. (AP) — University of Michigan-based business plan and grant competitions have awarded more than $110,000 to student startup ventures.
The top winner in the Michigan Business Challenge announced this week was Focus, a digital personal trainer integrated into a wristwatch-like device. Business students Grant Hughes and Cavan Canavan won $20,000, and Hughes says they plan to "build our concept into a viable company."
Other winners included a digital ticketing system for college and university athletic programs and a nonprofit working to improve health care in rural India.
Grants also were given through the Applebaum Dare to Dream and Mayleben Family Venture Shaping competitions.
The Ann Arbor-based university established its first business plan competition in 1984. It became known as the Michigan Business Challenge in 2005.
Some of the items worth buying after winning the Powerball jackpot on May 18, …