Two student entrepreneur teams from the University of Oklahoma are set to compete in a ‘Shark Tank’ style competition in Minneapolis, with a shot at the $50,000 first prize to help get their invention into the marketplace.
Students will participate in multiple competitions over the three-day event – the Pitch Slam! where one member from each team will give a 90-second elevator pitch on their business venture, the Innovation Challenge, where teams comprised of students across participating universities will develop a solution to a specific issue, and finally, the Schulze Entrepreneurship Challenge, the business plan competition where teams compete for their share of $125k in cash.
In total, among the four competitions, $215k in cash is awarded, making e-Fest one of the largest undergraduate student business plan competitions in the world.
Source: OU teams compete in national “shark tank” competition – Oklahoma Energy Today
