First Place:
PrepMe, Chicago
This online SAT-preparation service (www.prepme.com) - launched by students at Oxford University, Stanford University and the University of Chicago - has sold its services to nearly 1,000 customers and is already cash flow positive, says CEO Karan Goel. It recently introduced a PSAT-preparation program and plans to start selling its ACT-preparation course by December or January. On the horizon: versions of its classes that are viewable by podcast and on mobile devices. "We're trying to be the test-prep company for a new generation," says Goel.