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Oregon Tech Catalyze Challenge teams and $18K prize pool announced

March 19, 2024, KLAMATH FALLS, Ore. – Oregon Tech’s Catalyze Challenge has awarded $100,000 in prize money and services since it began in 2015. The competition continues this year with a prize pool of $18,000.

Nine teams are currently registered to compete in Catalyze 2024.

The Catalyze Challenge is a student competition that supports innovative business ideas and fledgling entrepreneurial activity that produces a new idea, product, or service that could become a thriving business in Klamath Falls and has the potential for job growth in rural Oregon. The competition fosters project development, design, and communication skills, while boosting public understanding of the talent pipeline available at Oregon Tech and encouraging student engagement with the community.

Competitors first presented their innovative and entrepreneurial concepts at a SharkTech Venture Pitch contest in March. Teams who successfully navigated the contest will present their concepts to a panel of judges at the Catalyze Challenge on April 24 from 4 p.m. to 7 p.m.

The nine registered teams are as follows:

Ancile Systems

Battery-Operated Branding Iron

Fair Play Challenge

Kekoa Kustoms

 Oregon Dynamics

Re-Inspire Motivation

Sexual Assault Support (SASS)

Second-Life PV Controller

The Legacy Project

The 2024 event is made possible through generous sponsorship and donations from Avista, the City of Klamath Falls, Cypress Creek Renewables, Klamath County, Klamath County Economic Development Association (KCEDA), Klamath IDEA Center for Entrepreneurship, Oregon Small Business Development Center, Sky Lakes Office of Strategy & Innovation, VertueLab, and the Wendt Family Foundation.

Support is also provided by InventOR, which will award two teams with a total of $4,000 to progress to the statewide InventOR competition.

If you are interested in sponsoring or mentoring a team, sharing expertise with students, or serving in an advisory capacity, please contact Catalyze Coordinator Hallie Neupert at hallie.neupert@oit.edu.

For more information and competition guidelines, go to www.oit.edu/catalyze.

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