Milwaukee-based firm Rapid Radicals is the grand prize winner of this yr’s Wisconsin Governor’s Business Plan Contest.
Fast Radicals has developed a fast, de-centralized wastewater remedy system that may deal with water 16 occasions sooner than standard remedy. The system works in lower than half-hour. Fast Radicals’ know-how can deal with water at a municipal scale the place there’s a spill level confluence of storm and sanitary sewers. The corporate additionally gained the Superior Manufacturing class of the competition. Paige Peters is the founder and lead engineer behind Fast Radicals.
Since its inception, the corporate has obtained $1.4 million in non-dilutive grants. In 2019, the corporate began its first pilot, run out of a delivery container right here in Milwaukee.
“Fast Radicals was born of a flood in Milwaukee that annoyed householders, companies and metropolis officers alike,” mentioned Tom Still, president of the Wisconsin Technology Council. “At a time when the resiliency of municipal water programs is significant, our judges noticed the worth of Fast Radicals’ skill to dramatically velocity up the cleansing of effluent.”
Fontana-based Reinventauctions.com was additionally given the “Brilliant New Concept” award throughout this yr’s Governor’s Enterprise Plan Contest. ReinventAuctions Inc. offers an area the place sellers can commerce, promote and buy automobiles with out the trouble of going to public sale or discussing funds over the telephone.
13 contestants emerged from three rounds of judging within the contest organized by means of the Wisconsin Expertise Council, which produces the competition along side its companions and sponsors. The competition started in late January; greater than 4,500 entries have been obtained because the contest started in 2004. Sponsors of the competition are contributing money, workplace area, authorized help, accounting, info know-how consulting, advertising, occasion area and extra.
