The Moral Family Fund for Innovation Award, created by 萝莉社 alumni Bryce and Mandy Morals, provides innovators, entrepreneurs, and leaders seed money to get their startups off the ground.
The award dispersed fall of 2022 went to two student led ventures.
Manoj Krishnamaraja
Taram
While studying for his Master鈥檚 in Business Administration, Manoj pursued his startup: Taram.
Manoj鈥檚 idea for Taram came as he was pursuing a different business venture and experienced problems with shipping items from abroad. 鈥淚t was then that I realized that there were inefficiencies in trade finance for Small to Medium Enterprises (SMEs), a lack of secure cross border transactions, and a lack of fluidity in cross border trade.鈥� Through his startup Taram, Manoj intends to provide SMEs with a platform that facilitates easier, cheaper, and more secure international trade.
With the awarded funds, Manoj aims to 鈥溾�ine tune the minimum viable product鈥︹�� and pursue patents. 鈥淭he award acts as a positive affirmation that I and the startup are going in the right direction.鈥�
Mathew Tucker
Piano Obscura
Amid striving to obtain his master鈥檚 in applied mathematics, found inspiration to make the Piano Obscura, an 鈥溾�pplication that allows musicians to play their instruments using image recognition.鈥�
The path to creating the Piano Obscura was not straight forward. Inspiration for the application came originally from a different project in which he 鈥溾�urned a living bamboo plant into an electronic musical instrument.鈥� From there, the project evolved into 鈥溾� program that can turn any environment into a piano鈥︹�� With the suggestion that the program could have therapeutic applications, Tucker pivoted once more and began to consider how the program might be used to benefit people with disabilities or neurodegenerative diseases, like his grandmother.
To bring Piano Obscura to Market, Mathew plans to use the fund to 鈥溾�tart the process of hiring the help needed to build the app; and, in doing so, I can start building the team needed to make my med-tech startup successful.鈥�
The people involved in these ventures addressed very different market pains, and we look forward to seeing where their venture goes moving forward!