New Competition Letting Inventors Pitch Ideas

KATC.com:

“The Vault” competition is giving inventors like Beduze a chance to bring their ideas to life.Similar to ABC’s “Shark Tank”, 40 contestants will have 10 minutes to convince a panel of judges to invest in their product.

“We had an 89-year-old man come in and pitch an idea,” said Prados.

And there’s a reason why this competition is called “The Vault” because it’ll be held inside the vault at the “Acadiana Center for the Arts.”

Staff at InvenutreWorks is prepping contestants, helping with their presentations and working with computer systems to create their products.

“They’re coming in every day. We’re hearing so many ideas, with anything from oil field products, toys, to pet ideas,” said Prados.

There won’t be just one winner, the panel of investors can choose to invest in as many ideas as they want.

More information about the competition can be found at Innov8 Lafayette

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