Fish Farmer Nets the Big One at MIT’s Geek Tank
Entrepreneurs and investors, students and startup enthusiasts gathered Tuesday night at Keiser University’s Flagship Campus to hear 4 companies present investor pitches. The event’s contestants were judged on quality of pitch, leadership, and market validation.
Thirty four companies applied to the Geek Tank from across the State of Florida. The diverse pool of applicants ranged from idea stage startups to companies with valuable intellectual property and multi-million dollar valuations.
The winner was awarded $10,000 in funding and $10,000 in services for winning pitch the final contestants included the following:
• Worthy Financial – A Fintech startup geared towards millennials using round-up saving and investment strategies.
• ZUKE Music – A collaboration and project management tool for indie musicians.
• Rotation Manager – A cloud based software for clinical placement and scheduling of clinical rotations for health and nursing.
And, the Winner: AquaCo Farms
About the Winner
With a passion for producing the highest quality Florida fish, West Palm Beach resident Joe Cardenas realized that change is necessary in the way seafood is sourced and purchased, so designed one of the largest Florida Pompano fish grow-out facilities in the world to provide the sustainable, highly sought after commodity to the seafood industry.
About Geek Tank
MIT Enterprise Forum of FL has hosted this event 3 times in the past, featuring angel backed fintech startup Waleteros out of Miami in 2014, who received a $25,000 term sheet but declined the aggressive valuation. This year, four winners will be chosen from the Gust group and chosen to present to a panel of early stage investors including Chris Callahan, founder of Startup Palm Beach Capital, Jack Karabees, co-founder of the Miami Innovation Fund, and Andrew Heitner, principal at Alcon Partners. In addition, Howard Gitten, technology lawyer at full service, international firm Locke Lorde, is organizing and sponsoring the event with $5,000 credit in a legal retainer, enough to help incorporate and/or advise as needed, and Peter Haines, of Horizon Growth Advisors, is providing $5,000 in-kind consulting services to the winner.