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IU grad wins $100,000 technology startup prize

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BLOOMINGTON, Ind. (AP) — A recent Indiana University graduate has won a $100,000 technology prize that will finance his new startup company devoted to improving hearing aids and prosthetics.

Gregory Mattes graduated this year from IU's Kelley School of Business' MBA program. IU announced Wednesday that Mattes had won the third annual Building Entrepreneurs in Software and Technology contest that includes a $100,000 prize for startup funding.

Mattes used technologies licensed by IU's Research and Technology Corp. to create a business plan to improve the quality, speed and longevity of hearing aids and myoelectric prosthetics.

He'll serve as president and CEO of the startup Analog Computing Solutions, which will operate out of IU's business incubator, called the Hoosier Hatchery.

Mattes says it's "nice to see the hard work start to pay off."

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