M&IE Alums Win Business Competition

Andrew Honegger and Andy Phillip, who completed master's degrees in mechanical engineering in December 2005, won the open division of the V. Dale Cozad Business Plan Competition for their plan to market a micromanufacturing machine tool. As co-founders of Chicago-based Microlution, Inc., they will be the first to offer a microscale machine tool that makes precision parts for medical devices and consumer electronics. The V. Dale Cozad Business Plan Competition is sponsored by the Technology Entrepreneur Center of the College of Engineering and the Academy for Entrepreneurial Leadership of the College of Business.