KALAMAZOO, MI (WKZO AM/FM) — Two Michigan college entrepreneur teams are set to lay it all on the line in a national venture competition that holds a $50,000 dollar grand prize.
Both Grand Valley State University and Western Michigan University teams are hoping their venture in the sports/events field will take home the 50K to start their business in the Schulze Entrepreneurship Challenge at the University of St. Thomas in Minneapolis.
The competition, which takes place April 28 through April 30, will host the 25 top teams from across the U.S. who will take part in “Shark Tank” style pitches.
Here are the ventures from both of the Michigan competitors.
Grand Valley State University: SmartSeat Media L.L.C. is an online event ticketing service that utilizes Algorand’s blockchain technology. In doing so, we completely abolish sketchy ticket transactions, exuberant fees, and best of all artists, venues, and organizers make additional money on secondary ticket sales, which has never been heard of before.
Western Michigan University: Sportwatch L.L.C. aims to bring powerful data-driven analytics to time-based sports via a mobile app. With practice-based data, coaches and athletes can view insights over the course of their season and customize their workouts.
More information here, including all 25 teams, their schools, and ideas
