Designed to foster commercial innovation in the expanding field of nanotechnology, the International Nanotechnology Business Idea Competition provides a glimpse at the diverse range of applications for science on a nano-scale. Among them - and the eventual winner - the next generation of flat panel displays from QD Vision that will use quantum dot light emitting diodes to produce images on flat panel displays via electroluminescence.
QD Vision of Cambridge, Massachusetts was awarded the top prize in the Competition for its idea to produce the next generation of flat panel displays using quantum dot light emitting diodes.
"We couldn't be happier," said Greg Moeller, vice president of sales and marketing for the company. "Winning this competition is going to allow us to secure the intellectual property [behind the company's flat panel displays]." The startup company received $50,000 in cash, plus business plan writing assistance and additional business advisory services in the competition.
Seth Coe-Sullivan, the company's acting chief executive and chief technology officer, is a graduate research assistant at the Massachusetts Institute of Technology, where the technology was developed.
The company will initially target its technology for the hand-held device market. Mobile phones with small colour displays using organic LEDs are already commercially available but QD Vision's flat panel technology uses quantum dot light emitting diodes to produce images on flat panel displays via electroluminescence.
