July 28, 2014
Gentoo Named to Venture Accelerator Phase of LIVESTRONG Competition
BOSTON, MA – July 28, 2014 – Gentoo Inc. was selected as one of 20 entries to move on to the Martha and Kozo Shimano Entrepreneur Accelerator Program phase of the LIVESTRONG Foundation’s Big C competition, aiming to change the way the world lives with cancer. Gentoo Inc., makers of the Gentoo Vest, will now be vying for one of five spots in the contest’s final round, competing to win $25,000.
Headquartered in Boston, Gentoo Inc. began as a project in Wentworth Institute of Technology’s Accelerate Innovation + Entrepreneurship challenge. Gentoo Inc. designed the Gentoo Vest, a light compression undergarment that allows people going through outpatient chemotherapy to remain active and independent during their treatment.
“The semifinalists represent revolutionary solutions to daily challenges faced by cancer survivors of all ages, races and nationalities, “ said LIVESTRONG Foundation President and CEO Doug Ulman. “We’re excited to see the progress that these teams will make when paired with their mentors as they put the accelerator phase in motion and strive to improve the lives of people affected by cancer.”
Gentoo Inc. will benefit cancer patients undergoing outpatient infusion chemotherapy by drastically improving the way they manage their infusion equipment. The Gentoo Vest provides mobility and independence for the increasing number of people who wish to remain active, continue to go to work and remain self sufficient while going through treatment.
The accelerator round entries are represented by projects from six countries on four continents and 10 states within the U.S. These ventures have presented viable solutions to the biggest challenges people affected by cancer face following a diagnosis, according to LIVESTRONG’s research. The 20 entries will now be able to work with their mentors until Sept. 15 when judging will commence for five finalists to be announced on Sept. 29 these five finalists will be flown to Austin, Texas, to present their innovations during the Ride for the Roses weekend, where the grand-prize winner will be announced at a finale event to be held at Austin Music Hall. Overall, 60 ventures will receive a total of $140,000 in seed funding based on their innovation’s utility, ingenuity and benefits to cancer patients and survivors. The global social innovation challenge began on World Cancer Day with more than 750 individuals and groups entering a project that aimed to solve daily issues faced by people affected by cancer through programs, services, technology and products.
About Gentoo Inc.
Gentoo Inc. is the maker of the Gentoo Vest. The Gentoo Vest is designed to maximize the quality of life for individuals going through outpatient infusion treatment. After witnessing our own loved ones experience the difficulties of managing their outpatient infusion equipment, we were inspired to design the Gentoo Vest. This light-compression undergarment is designed to hold the individuals outpatient infusion equipment in a comfortable, safe and discreet manner. For more information please visit gentooinc.com.
About the LIVESTRONG Foundation
The LIVESTRONG Foundation fights to improve the lives of people affected by cancer now. Created in 1997, the Foundation is known for providing free cancer support services and advocating for policies that improve access to care and quality of life. Known for its powerful brand – LIVESTRONG – the Foundation has become a symbol of hope and inspiration around the world. Since its inception, the Foundation has served 2.5 million people affected by the disease and raised more than $500 million to support cancer survivors. One of America’s top non-profit organizations, the Foundation has been recognized by industry leaders including Charity Navigator, the National Health Council and the Better Business Bureau for its excellent governance, high standards and transparency. For more information visit, LIVESTRONG.org.