Otters in the “Shark Tank”

This past Friday through Sunday, Cal State University, Monterey Bay hosted the sixth annual Startup Weekend for the Monterey Bay area. Taking place every January, the event gives young entrepreneurs the chance to learn in an environment that encourages “startup magic,” working together to create startups in one chaotic weekend. Their goal is to help teach through doing, foregoing long panels and textbooks in favor of workshops and collaboration. This is to encourage entrepreneurs to learn through experience, and not just through hypothetical situations.

The main event of the weekend is the startup challenge, where teams compete by delivering short presentations to practice pitching their company to investors or in other professional situations. This “Shark Tank”-style environment doesn’t just offer experience for entrepreneurs, but also gives them a chance to win money in both cash prizes and legal or other business services. The teams are split up into three categories: Venture, for startups aiming high and hoping to grow into proper enterprises; Main Street, for small businesses; and Student, for young entrepreneurs somewhere in between highschool and graduate school.

Landing in first place this year was the proposed service Swoop, which aims to connect homeowners with people seeking parking for venues. Taking second was Line Jumper, a service that would rock the queue-economy by allowing people to buy, sell, and auction their place in line. Coming in third, but winning the ultimate favour of the crowd, was Furever. Furever would set out to connect homeless pets with willing and able owners, a good idea with a lovely sentiment, leaving no surprise as to why in won crowd favourite.

Leave a Reply

Recent Articles

Challenging Panetta, progressive Sean Dougherty campaigns “for the many, not the money”

On paper, Sean Dougherty’s campaign for Congress reads like Monterey Bay’s own David-and-Goliath story. He seeks to unseat Jimmy Panetta, a five-term incumbent whose...

Creating an accountability buddy, make the unconventional space comfortable

In the time of losing in-person community and motivation, ruled by doomscroll centered hangouts, it is essential to keep connected in a way that...

The directional mileage sign, now outside of building 48

It appears twice online, unlabeled on the page for the International Program here and as a stock photo for an educational program brochure- also...

Sustainability outweighed: CSUMB not reaching 2030 Carbon Neutrality Goal

Cal State Monterey Bay is four years away from a carbon neutrality deadline, a goal for the CSUs that is meant to curb the...

Related Articles

Discover more from The Lutrinae

Subscribe now to keep reading and get access to the full archive.

Continue reading