Blog


Start-up companies compete in the 1776 Challenge Cup.

NYC Challenge Cup

_start-up companies compete in the 1776 Challenge Cup

04 Dec 14 by Margaret Amisano

As part of the 1776 Challenge Cup, start-up entrepreneurs got a chance to showcase their brilliant ideas in late November to a panel of judges – and compete head-to-head to determine which company idea is the best.

The Challenge Cup travels to 16 cities around the world to host a competition of startup companies among four categories: education, energy, health, and smart cities. The winning companies then compete in the annual Challenge Cup Festival held in Washington, DC, for a chance to win $650,000.

This year’s New York City challenge, held November 20, 2014, had more than 100 companies apply to compete. The Challenge Cup team narrowed the number down to 40, and had a full house of entrepreneurs and investors in Manhattan watching them passionately pitch their innovative ideas.

They also drew an online crowd by live-streaming the entire event on their website with newrow_ for media.  The recorded event is still available to watch here.

 

After two exciting rounds of pitches, four companies came out on top, one in each category:

Education: Cognotion – teaches skills to entry-level employees using gaming and video tools
Energy: Sealed – for installing and maintaining an energy-saving home
Health: OpenBeds – transfers patients between hospitals
Smart Cities: Bandwagon – share rides from taxis and car services

Learn more about the event by visiting challengecup.1776dc.com.

Share this post