Every year, the Fayette LaunchBox hosts a Shark Tank competition in which entrepreneurs pitch to the community ways their product or service can benefit the local marketplace. Winners are awarded cash prizes they can use to grow their business ventures.
Mary Richardson's bisexual dating app, Bindr, secured her the first-place position and a prize of $2,500. In second place, Bristol Joseph won a $1,500 prize for her campaign, Magical Milkweed, aimed at saving the monarch butterfly. Third place went to a group comprising Emma Larkin, Seth Dolan and Luke Kalivoda, who won a $1,000 prize for their business concept, Milkshake Madness.
How does it work?
- Prepare a basic business plan highlighting your idea and your target market.
- Clearly explain how your product/service makes a better or more efficient product than what is currently available on the market.
- Consider and elaborate on how will your product, business, or service create economic development in Fayette County.
This event will only be available to students enrolled at Penn State Fayette, The Eberly Campus, as well as local community members and high school students from Fayette and Greene County.
While registration is currently closed, you can follow us on social media to stay connected and receive notifications on when it opens again!