A design for a high-tech closure for wine bottles that would allow the wine to breathe much like traditional bark corks won the $15,000 first prize in the annual Big Bang! Business Plan Competition at the University of California, Davis. The contest is run by students in the Graduate School of Management.
The screw-cap concept, which could help prevent some $10 billion worth of wine from being ruined every year by cork taint, will compete next on May 28 at the Draper Fisher Jurvetson Venture Challenge in Palo Alto, Calif. The challenge pits the UC Davis team against the winners of business plan competitions at 15 other top west coast business schools. The prize: $250,000 in start-up funding.
The high-tech wine cap was developed by MBA student Tim Keller, a UC Davis viticulture and enology alumnus and his teammates, Kevin Chartrand and Diana Mejia. The team's design, a "breathing screw cap," has small vent holes and is fitted with a liner made of alternating layers of thin metal and a porous polymer. The liner can be customized to allow optimal oxidation for specific varietals, something that is impossible with bark corks. A patent is pending for the design.
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