The nCourage Entrepreneurs Investment Group awarded their $25,000 Courageous Women Entrepreneurs Award to Pro-Arc Diagnostics at the 2016 Rice Business Plan Competition (RBPC). Pro-Arc competed in the RBPC in Houston April 14th-16th and in addition to the nCourage award were selected as semifinalists overall in the competition.

nCourage Entrepreneurs is a women-led angel investor group that looks for innovative startup companies addressing a significant market opportunity where their investment can make a difference.

The RBPC is the world’s richest and largest graduate-level business plan competition. It is hosted and organized by the Rice Alliance for Technology and Entrepreneurship, which is Rice University’s flagship initiative devoted to the support of entrepreneurship, and the Jesse H. Jones Graduate School of Business. This was the 16th year for the competition. In that time, it has grown from nine teams competing for $10,000 in prize money in 2001, to 42 teams from around the world competing for more than $1.5 million in cash and prizes.