We are thrilled to announce the winners in the Needle in a Haystack Challenge! Our goal was to find innovators that would come up with a solution to automate the proactive search for optimal investor partners for our Entrepreneur Owner-Manager clients.
After a diligent review by our evaluation panel, our two award recipients are as follows:
● Citizens Band’s submission “Machine Learning Comps - Maximizing EOM Valuations”
- Overview of solution: increase number of buyers in the selection pool, down select using machine learning model, and continuously iterate to improve results.
● Noam Team’s submission “Noam, your AI-based M&A advisor”
- Overview of solution: We use machine learning combined with natural language processing to create an intelligent investor matching system with human advantages.
Each winner will receive $12,500 and will work with Bigelow as well as the other winner to further develop the investor matching solution. We are confident these innovators will advance the state-of-the-art for increasing optimal choice and compress time for Entrepreneur Owner-Managers choosing a new investor.
We would also like to take this opportunity to thank all of the innovators who entered the challenge. While only 2 winners are receiving the prizes above, there were so many other well-thought out proposals. Thank you all for helping make this challenge a success.
We would also like to thank all our supporters, judges, partners, commenters and anyone else who in any way contributed to our challenge community. Without you, we would not have had the successful challenge that we did.
