The contestevaluated the best business plans, which attracted nearly 8,000 entries. Ridenhour's invention is the StairCycle, a hybrid bicycle that combines the benefits of a stair-step exercise system with a recreational bike. Ridenhour's StairCycle was selected for its "inventive product and entrepreneurial spirit," by Richard Branson, chairman of Virgin Group and a contest judge.
Hybrid bike wins Yahoo prize
Cardiovascular ultrasound specialist who developed the "StairCycle" gets top prize of 10 million free ad impressions.