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The second annual WooTank Intercollegiate Showdown pitch competition on Tuesday in Worcester led to an infusion of $15,000 for six startups founded by student entrepreneurs.
Hosted at the Off The Rails restaurant and bar as part of the new StartUp Week Worcester, the event saw 15 competitors representing 8 student-run startups pitching to three Central Massachusetts business leaders.
Worcester’s College of the Holy Cross, Clark University, Worcester Polytechnic Institute and Nichols College in Dudley were represented in the competition modeled after the “Shark Tank” TV show. Student-run startups qualified for the event through pitch competitions held at their respective schools.
The three sharks for the event were Stephanie Ramey, co-founder of Auxilium Worcester and vice president at Rucker Investments, Evan Cox, an investor with The Wire Group, and Kevin Anderson, a tech entrepreneur who founded the networking event firm VentureMeets.
Sporting his signature green blazer, the event was hosted by Dave Peterson, the general manager of the Worcester Bravehearts Futures Collegiate Baseball League team.
Here’s how the student startups fared:
The year’s competition follows last year’s inaugural competition, which saw $14,500 awarded to six student-run startups. The event was created and produced by The Venture Forum, a Worcester-based not-for-profit founded in 1991 with the intention of turning the city into a globally competitive startup hub.
Startup Week Worcester continues Wednesday and Thursday, with panel sessions planned for both days on a variety of entrepreneur-related topics.
EDITOR'S NOTE: This article was updated to include more details on the event's organizer.
Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the manufacturing and real estate industries.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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