This year, Denver hosted the regional competition of the Global Innovation in Sports Competition. Hundreds of startups across the country applied to compete at Sports Authority Field Mile High, and just 10 were selected.
Among the ten finalists are three Colorado startups: Boulder-based STRYD and Team Snap, as well as Denver-based Recoup Fitness. The ten finalists will pitch their businesses to the country's top sports executives and investors, professional athletes, and successful entrepreneurs. The winner of the Denver competition will go on to pitch at the Rio at the Olympic Games, with a chance to win €100,000.
The Denver competition is hosted by Boulder's own Black Lab Sports, who has directors from the Denver Broncos, the Foundry Group, and Techstars. The company calls themselves a sports accelerator and entrepreneurial arm for athletes. Black Lab Sports invests their time, money and staff in innovations that solve problems for athletes, fans and teams.
The Global Innovation in Sports Competition is the largest global startup competition with 46 participating countries and 71,600 innovators and entrepreneurs focusing on innovation in sport. The competition was created by the Hype Foundation, with a goal to bring together the best entrepreneurs worldwide, focused on building innovative products and technologies that causes groundbreaking change in sports industry.
The Colorado Finalists
Recoup Fitness provides high-performance fitness recovery products for a speedy recovery and maximum performance. Recoup Fitness has become one of the most innovative companies in muscle recovery, offering products that exceed the standards of professional athletes without exceeding your budget.
This Denver based company is the only non-tech company chosen to present at the event, which the founder, Matt Hyder, is hoping to give them an advantage at the event.
STRYD is the world's first power meter for running. Snap it on, and get personalized data, post-workout analysis, personalized power zones, and running form feedback. It's your own personal running coach. It's more than tracking your success--it's understanding it and taking proactive steps to improve further.
TeamSnap is an app for team management. Viewing the team roster and team schedule, tracking member payments, and keeping updated with your team has never been easier. The app simplifies communication and organization so you can focus on what matters: playing the game.
Learn more about the Global Innovation in Sports Competition:
Denver Business Journal: 3 Colorado startups to compete in Olympics of Sports Business Entrepreneurs and Denver to Host Global Entrepreneurial Competition Ahead of Olympics in Rio.
Denver Broncos: Broncos Host Semifinals of Sports Tech Innovation Competition