Local PTs Named Semi-Finalists for $55k State Competition Prize

Two local physical therapists looking to change the world of medicine through have been named semi-finalists for $55,000 in prize money to further expand their startup venture.

Mike and Monica Muldoon, of Hampton, recently created apps called "Ustabilize" and "GetMyROM," which have already across the continent because of their user-friendly, game-like interfaces that respectively gauge an individuals' balance and range of motion while simultaneously collecting biometric data for doctors.

The work has earned the husband-and-wife team the distinction of being named one of the eight semi-finalists in the 2012 N.H. Start-Up Challenge business plan competition, which is run by the Manchester Young Professionals Network and awards prize money and in-kind services to promising startups in the Granite State.

The Muldoons will make a five-minute live pitch at Manchester's abi Innovation Hub, located at 33 South Commerical St., at 5:30 p.m. on Thursday and submit a business plan to the fourth annual competition's judges, according to www.mypn.org.

One winner, which will be revealed on June 20 at the New Hampshire Institute of Politics at Saint Anselm College, will receive a prize package that includes up to $25,000 in cash, $20,000 in advertising support, accounting and legal services, a seat in the abi Innovation Hub's Accelerator Program, a one-year residence at the abi, and a VIP travel package to the South by Southwest Interactive conference in Austin, Texas.

Mike Muldoon told Patch recently he would "love" to make developing healthcare apps a full-time career, and said he was looking for investors to help continue his venture.

The prize money would go a long way toward that goal and his funding efforts, which Muldoon has said will be needed in order for him to continue to fulfill a dream by putting "tools in the hands of the consumers" and making healthcare more interactive and preventative.

"It's interesting for my wife and I, as we've worked in the [medical] field for years," said Muldoon. "It's our passion, and we've been able to bounce ideas off each other. We have three children and a dog, and [the apps are] just something else we've produced and brought to the world to help make a difference."