Impressive Products Take the Lead at This Year’s Tech Tournament
Late last month, 12 startups competed in this year's Tech Tournament at Invent Penn State’s Venture and IP Conference at the Penn Stater Hotel and Conference Center at Innovation Park. The fast-paced, Shark Tank-inspired Tech Tournament features representatives from each startup, given three minutes to pitch their company or product to a panel of three judges. Then, judges have five minutes to ask the entrepreneurs tough, probing questions regarding their business plans, competition and financials.
Four awards were handed out at the tournament: third place with a monetary prize of $25,000; second place with $50,000; first with $75,000; and People's Choice.
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