VentureConnectors-300x156May’s Venture Connectors Luncheon will host the finals of the 2016 Venture Sharks competition, with four teams competing for $23,000 in cash and services.

The luncheon is at the Muhammad Ali Center on Wednesday, May 4.

In addition to the main prize, five past winners have pooled their resources and will offer a $250 cash prize to the finalist of their choosing. LogjustripsRevio, Wicked Sheets, U.S. Chia and Surgical Serenity Solutions may award their special prize to a competitor other than the winner named by the judges.

The teams are:

  • CompassioNote (also the 2016 Startup Weekend winner): Helps companies have better relationships with their customers by using personalized data.
  • Farm Specific Technology: Produces farm equipment used to manage cover crops and get rid of pesky weeds.
  • Switcher Studio: Develops easy-to-use and affordable live-video-streaming tools that allows users to create TV-style productions for the web.
  • Uncrash: Helps auto-body shops organize their work and connect customers to the repair process.

More than 40 teams applied to the “Shark Tank”-style contest, and nine were selected to compete at Chef Space earlier this month.

Judges for the 2016 Venture Sharks final round are: Bob Saunders, general partner, OCAVentures; Elizabeth Rounsavall, director of research and analytics, Chrysalis Ventures; Lou Kelmanson, president, Kelmanson Holdings LLC; and Vik Chadha, managing director, GlowTouch Technologies.

Each team will have a chance to pitch their company to the judges, who will then participate in an Q&A session. The winners will have access to the prize package that is more than double previous years’ awards.

This is the seventh year of the competition.

RSVPs are required. The event is free to full members, $30 for associate members, and $40 for guests. Venture Connectors’ luncheon meetings are held on the first Wednesday of each month at the Muhammad Ali Center, 144 N. Sixth St. Doors open at 11:30 a.m., and the meeting runs from noon-1:15 p.m. You don’t have to be a member or guest of a member to attend. Click here to register.

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