CSU Blue Ocean biz challenge introduces new format

FORT COLLINS – Blue Ocean Enterprises and Colorado State University introduced a new wrinkle Thursday in their announcement of the second annual CSU Blue Ocean Enterprises Challenge.

The enterprise category of the business pitch competition, which awards a $250,000 grand prize, will take place May 26-30. The Collegiate competition, with a $20,000 grand prize, will be May 26 and 27.

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Both events will be held in conjunction with the second Fort Collins Startup Week.

The major change this year will be the introduction of a single-elimination bracket format. Judges will provide feedback and instant votes on startups’ timed presentations.

Fargreen, a social enterprise based in Vietnam, won the Collegiate competition last year, while Loveland-based Decibullz won the Enterprise division.

Application details for the 2015 Challenge will be available at a later date at www.blueoceanchallenge.com.