Student finalists from every public high school in Frederick County will test their business acumen in the fourth year of a local competition called Startup Frederick, modeled on the TV show Shark Tank, on Wednesday, May 1. Prizes totaling $4,500 donated by Nymeo Federal Credit Union will be divided amongst the 10 finishers.
Competitors will pitch an entrepreneurial concept and business plan to a panel of leading business people who will serve as judges. The 10 finalists, each of whom has won the school-level competition, will have up to five minutes per team to pitch their ideas and an additional five minutes to respond to judges’ questions. Students are judged in five categories: creativity/innovation, product/service clarity, market potential, competitive landscape, and operational sustainability. Judging this year’s competition are Nymeo Federal Credit Union Director of Compliance and Risk Eric Black, Colbert/Ball Tax Service CPA Derrick Bowens, Spherion Staffing owner Tammy Feaster, and Hood College Associate Professor of Management Science and School of Business Chair Dr. David Gurzick.
Frederick County Public Schools partners with Nymeo Federal Credit Union and the Frederick County Chamber of Commerce in this year’s Startup Frederick.
The public is invited to watch the competition, free, on Wednesday, May 1, 5:30 p.m.-7:30 p.m. at Oakdale High School, 5850 Eaglehead Drive, Ijamsville. All are invited to stay after the event for networking and refreshments from 7:30-8 p.m.