The second cohort of student startups in the eSeed Challenge + Accelerator competed for additional funding going into the next stage of the entrepreneurship competition at eSeed Demo Day, November 30, 2016. Open to all Arizona State University students with an idea to launch a service or product, the competition is organized by the Ira A. Fulton Schools of Engineering and develops student-led ventures, providing them with mentoring and guidance.
Now in its second year, the eSeed Challenge kicked off in August when 39 ventures entered the program and were each granted $1,000 to validate or reject their business model hypotheses. Thirty of the ventures moved onto to Pitch Playoffs in early November, which halved the competitors.
The 15 remaining ventures at eSeed Demo Day each gave a five-minute presentation, outlining their product or service, business model and made their case for funding.