Prize Money
A total of $55,000 is up for grabs! Prize Breakdown:
First prizes; 3 teams @ $5,000 ea = $15,000
Second prizes; 3 teams @ $2,000 ea = $6,000
Third prizes; 3 teams @ $1,000 ea = $3,000
Fourth prizes; 3 teams @ $500 ea = $1,500
Total Direct Prizes = $25,500
Follow-on funding: All 12 Finalist are eligible for an additional $5,000 per company that meets milestones for actually creating a company.
Total Follow-on available: $30,000
