PreciouStatus wins 2012 Minnesota Cup


MHTA – High Tech division finalist PreciouStatus has won the 2012 Minnesota Cup grand prize. The award was announced in front of several hundred people during the finals event at the University of Minnesota.

The startup developed a mobile application that allows loved ones to stay in touch with their care givers. Founder and former Best Buy executive Julie Gilbert-Newrai said she had a “must-be-an-easier-way” moment while trying to juggle care for her new infant and huband, who was recovering from unexpected brain surgery. She mapped out a tool aimed at making it easier for parents, spouses and care providers to keep each other updated.

PreciouStatus will receive $40,000 in grand prize money in addition to a $25,000 award for recently winning Minnesota Cup’s High Tech divsion.

Solome Tibebu of Student division winner Cognific won the best pitch as judged by audience at the final awards event award. She will receive $1,000.

The Minnesota Cup has just completed its 8th year and will launch the 2013 competition next March. The Minnesota High Tech Association is a supporter of the High Tech division. You can send an email to suport@breakthroughideas to be placed on the Minnesota Cup’s notification list.


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