Michigans first Shark Tank style competition seeks transportation innovations [Video]

DETROIT — Michigan’s first “Shark Tank” style competition is now taking applications from startups with innovative transportation solutions.

The winner of the inaugural “PitchMI” competition, which will be held Oct. 24 in Detroit, will receive $100,000 from the state to develop or improve their prototype solution.

“PitchMI will unleash Michigan’s innovative spirit, strengthen our entrepreneurial ecosystem, create good paying jobs, and spur new ideas on the future of mobility,” said Gov. Gretchen Whitmer. “I can’t wait to see all the creative ideas and look forward to the competition in October.”

Whitmer likened the competition to Shark Tank, a long-running reality TV show where entrepreneurs present their product or business to venture capitalists for potential investment.

Related: Gov. Whitmer announces ‘Shark Tank’ style statewide competition

Applications for the PitchMI competition are due by 11:59 p.m. Sept. 16. People can submit their applications at this link, which also contains information on eligibility and competition requirements.

Eligible pitches will focus on addressing mobility and transportation challenges in the state, …