Five finalists will compete for the grand prize valued at $100,000 during the 2021 SEMA Show in Las Vegas.
Fifteen entrepreneurs will be pitching their businesses to a panel of industry celebrity judges.
Nearly 200 applications received for 9th annual product-pitching competition. Five finalists will go on to compete for grand prize package valued at $92,000.
Updates designed to foster greater innovation in the 2021 competition for entrepreneurs, innovators and inventors – removes age cap, offers bigger prize package, includes nationwide promotional support.
The car-care specialist rose 102 places in the annual ranking.
Since 2013, the SEMA Launch Pad program has given young entrepreneurs, students and business owners ages 18 to 39 an opportunity to launch their products into the $43 billion automotive aftermarket industry. The program shows emerging business owners how to develop, market and boost their automotive products or services by teaching them business strategies used by industry experts.
Semifinalists now advance to online voting stage.
Entrepreneur’s “Best of the Best” companies are selected from the Franchise 500 list based on ranking within their industry.
SEMA gives innovators under the age of 40 an opportunity to pitch their ideas to industry judges through its Launch Pad competition.