(Ithaca, May 2, 2019)—Xallent LLC, the manufacturer of solutions and equipment for testing semiconductors and thin film materials at the nanoscale, came third in the BenDaniel Venture Challenge (Cornell Venture Challenge).
As one of the nation’s most active MBA student-run venture capital funds, Big Red Ventures (BRV) has been sponsoring the Cornell Venture Challenge since the year 2009. This March, the BRV fund managers set up stringent judging criteria and ran through 70+ applications of Cornell-affiliated ventures. The purpose of the challenge is to provide an opportunity for burgeoning entrepreneurs to gain experience, exposure, and financing to help develop their business ideas to actionable and high-impact ventures. Winnowing the applications into a list of finalists was a herculean task. The finalists selected for this year represent ideas from different parts of the Cornell community and have the potential to make a lasting impact on the future.