Five teams have advanced to the final round of the inaugural VIBE Business Plan Competition.
Fifteen teams started the competition, with participants spent two weeks working with mentors to prepare for the trade-show-style investment round held last week.
Businesses leaders from throughout the region were invited to attend and spend “VIBE Dollars” on teams they thought were the most viable, with the five teams earning the most moving on to the finals.
The five finalists are Helrus, which is developing innovative treatments for irritable bowel diseases such as Crohn’s disease and ulcerative colitis; Oli Fitness, which provides a suite of integrated services and technologies for personal fitness and weight training; Tart Hard Cider, an artisanal commercial cidery; Torqly, which offers mobile app recruitment of employees in high-demand sectors like construction, hospitality and healthcare; and We Make Dough, an edible cookie dough cafe with space for arts and craft work.
The final is scheduled for May 3. Winners will receive $50,000 in prizes.