Ten entrepreneurs, chosen to take part via an utility course of, introduced a digital, two-minute dwell pitch with their enterprise concepts to the panel of judges and digital viewers in a vigorous shark-tank fashion occasion moderated by Richard Thompson, managing companion at Manufacturing facility, LLC and former CEO of Freshpet, on the second annual StartUp Lehigh Valley digital occasion introduced by Manufacturing facility, LLC and Penn State Lehigh Valley LaunchBox. Contributors had an opportunity to win an award that was a part of the $10,000 in prize cash from occasion sponsor Penn State Lehigh Valley LaunchBox. JPMorgan Chase & Co. additionally served as an occasion sponsor.
Following every dwell pitch, the judges had one minute to ask questions. The panel of judges included Annette Durnack, director of enterprise growth for Penn State Lehigh Valley LaunchBox; Tony Salvaggio, founder & CEO of Pc Support, Inc. in Allentown; and Matthew Bilsky, founder & CEO of FLX Options, Inc. and 2019 StartUp Lehigh Valley winner.
The digital viewers was invited to guage the pitches by way of a smartphone app for the Viewers Selection Award whereas the judges decided the remainder of the award winners.
Justin Gelwicks, WoodGoods Lacrosse acquired the grand prize of $3,500 and the Viewers Selection Award of $1,000 for high-quality picket lacrosse sticks which can be sturdy in addition to versatile. Gelwicks is an undergraduate scholar at Lehigh College.
Jonathan Epstein, JTJ Tech, LLC acquired the second-place prize of $2,500 for offering an progressive resolution to pipe freeze in sprinkler methods. Epstein participated within the first Digital StartUp Bootcamp hosted by Lehigh Valley LaunchBox (LVLB), a six-week program that wrapped up on the finish of September. The bootcamp program is designed to assist entrepreneurs with a scalable enterprise concept flip it into an actionable marketing strategy.
Wesley Hart, Verde Mantis, LP acquired the third-place prize of $1,500 for “the world’s easiest-to-use 3D printer.”
LaunchBox Enhance Awards of $500 went to:
Ray Valentin, Aeria Professional for progressive skilled window cleansing merchandise from a 10-year skilled window cleaner.
Amit Parmer, Cliquify Inc. for AI-powered software program that helps recruiters and candidates convert their job specs and resumes into visually participating social media content material.
Justin Slusarski, Quarbon for an environmental and social impression scorecard connecting shoppers with companies which can be making a optimistic impression.
“Penn State Lehigh Valley LaunchBox is happy to companion with Manufacturing facility, LLC to acknowledge aspiring entrepreneurs, present financial prizes and join the winners with the intensive LauchBox community of sources,” Durnack mentioned.
By means of Lehigh Valley LaunchBox, entrepreneurs achieve entry to Penn State Entrepreneur Help Legislation Clinic, Penn State Mental Property Legislation Clinic, enterprise accelerator applications, mentoring, advisory providers and networking sources in addition to free co-working area at Velocity, a Metropolis Heart property in Allentown. StartUp Bootcamp is a brand new six-week program provided freed from cost that’s designed for individuals who need to take their enterprise to the following degree or for these with a enterprise concept who must develop a marketing strategy. The bootcamp, which has no charge, shall be provided yearly or presumably twice a yr. Participation is by utility solely and open to any Pennsylvania-based entrepreneur.