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Each entrepreneur will present a five-minute pitch to a panel of judges in front of a live audience, followed by a five-minute question-and-answer session.
Based in the Twin Cities, it is currently used by more than 12,000 moms and some dads across the U.S., mostly in Minnesota, Wisconsin, North Dakota, Ohio, and also abroad.
Three years ago when DEED created Launch Minnesota, an initiative dedicated to supporting the state s startup companies, entrepreneurs told officials a state-backed venture fund could be a solution.