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Innovation Tank nets two winners

Daymond John, of ABC’s “Shark Tank,” and a five-judge panel of venture capitalists and physicians selected two winners in the Innovation Tank at the Boston Children’s Hospital Global Pediatric Innovation Summit + Awards. The judges awarded the fledgling companies—both of which have created products to help prevent catheter-associated infections—$12,500 each. The runner-up, Kurbo, received $5,000.

“What’s amazing about the Innovation Tank is that [the winners] don’t have to give up any of their company,” John said. The number-one reason new businesses don’t succeed is overfunding. That’s because aspiring entrepreneurs often take out substantial loans to fund their innovations.

Here’s a closer look at the three innovators who participated in the tank:

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