SUP-X, a two day international conference and expo in Fort Lauderdale, which attracts a large number of investors from all over the country, finished their series of panels and workshops with a large pitch competition. Giving away fifty thousand dollars in cash, SUP-X judges select five startups from the many that are exhibiting, to compete for the crown (and a really large check).
Glory and gold don't only go to the first place winner. SUP-X provides checks in the amounts of $10,000 for third place, $15,000 for second, and $25,000 for first. Kicking off the pitches, WIN Lab team Apollonix took their five minutes on stage and described the company, the opportunity, the traction, and the business model. Questions from the four judges came quickly and team member Terri-ann answered them succinctly and articulately. At the end of the hour-long pitch session, team Apollonix walked away with a very big check in hand and a cash prize in the amount of $15,000.