Bellingham, Washington, USA (PRWEB) November 13, 2013
Photonics entrepreneurs have through 1 December to enter the SPIE Startup Challenge, an opportunity to pitch their light-based technology products to a team of business development experts and venture capitalists. The annual competition is held during SPIE Photonics West at the Moscone Center in San Francisco. Dates for the upcoming event are 1-6 February 2014.
First prize is $10,000 plus $5,000 in products from Edmund Optics, second prize $5,000, and third prize $2,500. Each of the eight finalists will also receive sponsorship to attend the Entrepreneurship Academies, a week-long entrepreneur boot camp organized by University of California, Davis.
Hosted by SPIE, the international society for optics and photonics, the event is supported by Founding Sponsor Jenoptik along with TRUMPF, Open Photonics, Edmund Optics, and Knobbe Martens.
Eligible applicants must present an optics or photonics technology or application as the basis for a viable new business. Because the event focuses on new businesses and potential startups, established companies must be pre-revenue at the time of the competition and may not have sold any products.
Written applications will be evaluated by a team of expert judges, who will select 20 applicants to deliver private oral pitches during Photonics West. A second panel of judges will select the top eight pitches from the private semi-final round. The public final round will take place Wednesday 5 February, with the judges deciding the top three pitches and
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