BU to hold Shark Tank-style entrepreneur competition

BU to hold Shark Tank-style entrepreneur competition

For Immediate Release: Mar. 2, 2017

BLOOMSBURG—More than 70 young, aspiring teams of entrepreneurs have registered to be part of Bloomsburg University of Pennsylvania’s inaugural Husky Dog Pound competition, a Shark Tank-like battle for $50,000 in prize money, on April 18. The event is sponsored by the Zeigler College of Business, Microsoft, and Allan Darr from ProAct LTD.

The competition is open to Bloomsburg University students, Bloomsburg University Alumni, community members from Columbia and Montour counties, and high school students from across Pennsylvania.

The Husky Dog Pound Competition starts with a preliminary round called the Husky Den where competitors will upload 1-2 minute video presentations about their business idea. Teams moving forward will compete in a second round of the Husky Den requiring a 3-5 minute video presentation further explaining their business, while answering seven specific questions from the judging committee.

The semifinals will take place on April 18 from 8 a.m.-- 12 p.m. followed by the keynote address at 2 p.m. The final round of the competition will begin at 3 p.m. with the winners of the four groups announced at 6 p.m.

For the final round, teams will give a two-minute elevator speech explaining their business idea; their target audience, discuss their competition and how they plan to make money with the product/service. The elevator pitches will be judged on marketability, feasibility, profitability, and presentation skills. 

The young entrepreneurs will be competing for prize money as well as in-kind services aiding those in business such as accounting, legal, marketing, and incubator space.

Bloomsburg University is one of 14 universities in Pennsylvania’s State System of Higher Education. The university serves approximately 9,600 students, offering comprehensive programs of study in the colleges of Education, Business, Liberal Arts and Science and Technology.