The Dempsey Startup Competition: Success Stories Through the Years

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The Buerk Center for Entrepreneurship’s Dempsey Startup Competition has a long history of success. Whether the teams go on to make their business a reality or not, everyone walks away with new contacts, fresh angles, and feedback to improve upon. This low-risk trial in entrepreneurship is why hundreds of students apply each year. 

The History of the Dempsey Startup Competition 

The beginning of this competition takes us back to the late 1990s when a group of MBA students spent a semester researching business plan competitions to see if they could make one work at the University of Washington’s Foster School of Business. Through their research and the hard work of others who built the entrepreneurship program at UW, the first UW Business Plan Competition was launched in 1998. Twenty-two teams entered their business plans in the very first competition. 

This event has sparked the entrepreneurial spirit in countless students and changed the course of so many careers since 1988. I’m so proud to be part of this ongoing legacy. 

You can dive into the first 25 years of the Dempsey Startup Competition here

Highlights from the Dempsey Startup Competition

One of the greatest privileges of supporting this competition is hearing the success stories as students take what they learned and run with it in the real world. Read on for some of my favourite stories. 

A-Alpha Bio 

Founded by David Younger and Randolph  Lopez, A-Alpha Bio is a biotechnology company that harnesses synthetic biology and machine learning to measure, predict and engineer protein-protein interactions. They were founded in 2017 at the University of Washington’s Institute for Protein Design and Center for Synthetic Biology. They went on to win the Dempsey Startup Competition and the Holloman Health Innovation Challenge in 2018—the first team to win both! 

Since their win, they have gone on to raise more than $51 million, grow their team and develop two platforms: 

  1. AlphaSeq, an experimental platform that utilizes synthetic biology to generate high-binding protein data at scale. 
  2. AlphaBind applies machine learning to accelerate discoveries and engineer improved therapeutics.

A-Alpha Bio was founded to understand how proteins interact with one another. Why? Because their interactions have implications for almost every disease. If teams like A-Alpha Bio can understand and engineer these interactions, they can begin to cure a long list of diseases. 

Find the A-Alpha Bio team featured in this video to learn more about their life-saving innovation! 

OneCourt 

Their tagline, “The first tactile sports broadcast,” says it all. OneCourt’s haptic display allows blind and low-vision fans to experience live sports. 

They were founded in 2021 when Jerred Mace stumbled upon a video of a blind man watching a soccer match with a sighted woman moving his hands across a tactile board to represent everything happening on the field. He was moved enough to build a team and turn this approach into a widely available tech solution. Their innovation utilizes trackable vibrations to help fans at home and in stadiums connect with the action. 

 

They won 3rd place at the 2022 Dempsey Startup Competition. Since then, they’ve: 

  • Partnered with NBA teams including the Phoenix Suns, Sacramento Kings, New Jersey Nets, and Portland Trailblazers.
  • Been selected for the 2025 NBA Launchpad. Read more here
  • Collaborated with Major League Baseball (MLB) and T-Mobile on a commercial that aired during the MLB Home Run Derby 
  • Landed on the 30 Under 30 Local 2023: Seattle list

Perfect Coffee Water

Founded in 2018 by brothers Garrett and Courtland King, Perfect Coffee Water (PCW) developed the “perfect” chemistry for water used to brew coffee. It all began when Courtland shared his experimentations on coffee water chemistry with his brother, showing him how to make a great-tasting cup of coffee without adding cream and sugar. 

The King brothers’ idea landed them in the Sweet 16 round of the Dempsey Startup Competition in 2020. They also went through the Jones + Foster Accelerator Program to bring their idea to the next level. 

In January 2025, PCW was acquired by Third Wave Water, an established coffee water company. Their recipe will remain the same and will now be offered alongside Third Wave Water’s products. 

LifeAt 

LifeAt offers immersive, distraction-free workspaces to help everyone from marketers to designers focus. They utilize Attention Restoration Theory (ART) to create digital environments that improve productivity. 

Users get to customize their workspace and make use of tools like: 

  • Scheduling tasks in a calendar
  • Tracking time spent on projects
  • Separating or combining work and personal tasks 


LifeAt’s founding team, Devin Ajimine, Marisa Chentakul, Ashika Mulagada, and Pouya Rad, advanced to the Sweet 16 Round in the 2022 Dempsey Startup Competition. Since then, they’ve raised $3M in funding and made it onto the Forbes 30 Under 30 list in 2023! 

BioLegacy 

The 2024 recipient of the $25,000 Grand Prize, BioLegacy has the potential to revolutionize organ transplant availability. Their tech aims to extend donor organ viability from 24 hours to years by using organ cryopreservation and electromagnetic rewarming technologies.

They’re still new on the scene and enjoying the pitching competition scene in the Pacific Northwest, securing 2nd place at the 2025 Seattle Startup Competition. Check them out in GeekWire

Eldergrow 

Founded in 2015 by Orla Concannon, Eldergrow aims to improve the quality of life for people living with dementia. As of April 22nd, 2025 (Earth Day), Eldergrow was acquired by Eugeria. A Montreal-based company, Eugeria is transforming dementia care through innovation. Find details about their acquisition here

Going forward, Eldergrow will offer indoor garden models and a flexible curriculum designed to improve the quality of life for residents of senior living communities and memory care settings. 

NanoString Technologies

This one goes all the way back to 2003! NanoString Technologies was a trailblazer in spatial biology, the study of tissues within their own 2D or 3D context. With spatial biology, NanoString gained an understanding of the spatial architecture of cells and how they interact with their surroundings. This technology has implications for fields like oncology, neurobiology, immune-oncology, and more. 

Now, NanoString provides scientists around the world with the ability to picture cells’ interactions in three dimensions through three systems: 

  1.  nCounter® Analysis System
  2. GeoMx® Digital Spatial Profiler 
  3. CosMx™ Spatial Molecular Imager

NanoString Technologies has been revolutionizing spatial biology for more than 20 years! They were the Grand Prize winners at the 2003 Dempsey Startup Competition, and their co-founder, Amber Ratcliffe, won the first UW Alumni Entrepreneur of the Year Award in 2022. They were the first team in the history of the competition to IPO! 

From 22 teams in 1998 to a record-breaking 174 submissions in 2025, it’s been an incredible journey. I’ve been fortunate enough to judge the Sweet 16 round many times, and I can’t say enough about how inspiring these young entrepreneurs are.  

The beauty of this competition is in its ability to change people’s trajectory. Some students ditch their plans to go into a technical field and become career entrepreneurs. Others catch the eye of folks in the investment community and find their future there. Some go on to perfect their pitch and launch their companies for real. 

For those inspired to get involved or give back, you can reach out to the Buerk Centre Director, Amy Sallin, at asallin@uw.edu. We’d love to chat about how you can impact future competitions! 

There is something for everyone in the Dempsey Startup Competition community. I can’t wait to meet another fantastic group of entrepreneurs at this year’s Sweet 16 event! Check out this release from the Beurk Center for Entrepreneurship to learn more about the teams advancing in the 2025 competition!  

On June 23, my brother, Peter Dempsey, had the immense honor of being buried at Arlington National Cemetery. His decades of military service earned him this well-deserved final tribute. As his brother, I am incredibly proud of the legacy he leaves behind through his family and his service.

Peter always dreamed of becoming a pilot, and he made it happen in many different ways throughout his career. 

His journey as a pilot began when he enlisted in the Washington National Guard, where he trained to fly helicopters and was eventually deployed to Vietnam. There, he served two tours, including time spent on the front lines. His skills and service earned him the role of chief pilot for General Creighton Abrams, a US Army general who commanded military operations from 1968 to 1972. This was just chapter one for him.

Following his time in the Washington National Guard, Peter completed a BA in International Marketing from the University of Puget Sound. He continued flying helicopters for the National Guard while earning his ATP certification, which qualified him for his dream job as a commercial pilot with United Airlines. However, life had other plans in store for him; he was furloughed shortly after getting this job. 

This setback didn’t slow Peter down one bit. He simply shifted focus and went on to teach Military Science at the University of Idaho. In fact, this job brought him so much joy that he almost didn’t go return to flying for United Airlines when they called him back. He did go, of course, and enjoyed a 25-year career there before moving on to fill the role of flight instructor for Boeing. 

Through it all, Peter maintained his dedication to the military.

About Arlington National Cemetery

It’s an extraordinary honor to be buried at Arlington National Cemetery. Located in Arlington, Virginia, it was established in 1864 during the American Civil War. It occupies the former estate of Confederate General Robert E. Lee and his wife, Mary Anna Randolph Custis Lee.

Union soldiers were the first to be buried here when nearby cemeteries reached capacity. After the war, the estate remained a military cemetery and eventually became the nation's most revered resting place for service members, veterans, and their families. 

In 2026, Arlington National Cemetery is the resting place of over 400,000 military personnel, veterans, and notable Americans. Today, burial there is primarily reserved for: 

  • US military personnel who died while on active duty
  • Military retirees
  • Veterans who have received certain distinguished honors
  • Eligible spouses and children

My brother's burial service was quite something. The precision and formality of the ceremony especially stood out to Peter’s family and friends in attendance. 

We watched the procession, committal service, military honors, and the presentation of the flag to Peter’s next of kin, his wife Sharon. In addition, a Catholic priest delivered the eulogies and some readings. 

As we mourn his passing, we take comfort in knowing his dedication and service to his country will live on forever in Arlington National Cemetery. 

Lorem

Neal Dempsey
Managing General Partner, Bay Partners
Get in touch for investment enquiries or to set up a meeting.