Rice Business Plan Competition winner rings Nasdaq Stock Market closing bell

The 2017 winner of the Rice University Business Plan Competition — Forest Devices from Carnegie Mellon University — rang the Nasdaq Stock Market closing bell Oct. 10 at the Nasdaq MarketSite in New York City’s Times Square.

Forest Devices CEO Matt Kesinger (at center, ringing the bell) was joined by Brad Burke (right of Kesinger), managing director of the Rice Alliance for Technology and Entrepreneurship, which hosts the annual business competition, as well as Peter Rodriguez (left of Kesinger), dean of Rice’s Jones Graduate School of Business.

Forest Devices is a medical device startup located in Pittsburgh that is developing AlphaStroke, the first stroke screening device that can potentially be used by all medical personnel in any environment. Forest Devices won nearly $700,000 of the more than $1.9 million in cash and prizes awarded at the world’s richest and largest student startup competition April 6-8.

(Photo courtesy of Nasdaq)