3dim wins MIT $100K Entrepreneurship Competition
On Wednesday night, 3dim earned the grand prize at this year’s MIT $100K Entrepreneurship Competition after successfully pitching its business plan to merge two of today’s most popular, and profitable, technological phenomena: gesture-recognition and smart devices. The startup was one of eight finalists that pitched business plans to a capacity crowd in Kresge Auditorium. While only one team walked away with the $100,000 top prize, finalists received startup funds totaling $257,000.A panel of entrepreneurs, venture capitalists, scientists and industry professionals chose 3dim based on the strength of the team’s technology, business plan and presentation.3dim, founded by a team of MIT engineers, has patented 3-D gesture-recognition technology — such as what’s used in the Nintendo Wii and Microsoft Kinect — to be implemented into devices such as smartphones, tablets or Google Glass. This would allow users to interact with their devices through thin air, rather than having to touch a screen.The...