Young Entrepreneurs Make Their Pitches at RIT's Tiger Tank

Thursday, April 9, 2015

Source: Rochester Business Journal

It is Rochester Institute of Technology’s version of “Shark Tank.” Teams of student entrepreneurs will have the chance to pitch their business ideas to local investors.

Tiger Tank is slated for April 15 at Ingle Auditorium. It is modeled after ABC-TV’s “Shark Tank.” More than 40 teams applied for the competition.

Five will have the chance to convince Rochester-area investors to support the launch of their products or businesses, RIT officials said. The team finalists are:

  • 3D-for-Me seeks to harness the power of the Internet to create a network of independent 3-D printers;
  • SmartTube is a product/service to offer a sustainable recycled vacuum tube on-demand service to use in sound systems and high-power radio base stations;
  • Bounce is an inflatable cushion designed to reduce injury from patient falls, most likely acting as a hip guard;
  • LiftForce is motion-capture device and software that analyzes the movements of weightlifters and provides direct, real-time feedback on performance; and
  • Breezyon face protective device, produced by Easylife Product LLC, is a scarf accessory using the same concept of technology in surgical masks used by doctors.

“The proposals are judged on their uniqueness, feasibility and ability to impact people,” said Richard DeMartino, endowed chair and director of the Simone Center for Student Innovation and Entrepreneurship at RIT and associate professor at Saunders College of Business.

Judges for Tiger Tank are Kevin Dooley, vice president of market development for OnCell-TourSphere; Bradley Paxton, chairman and co-founder of ADI LLC; Dennis DeLeo, founding partner of Trillium Group LLC; and Cindy Cooper, an entrepreneur.

Students could win $4,750 in cash prizes and scholarships to the Saunders College of Business.

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