Entrepreneurs can submit their entries until May 18 to be eligible for a share of $200,000 in cash prizes.
Accelerators
The company-whose noninvasive device can identify lethal coronary blockages in less than 20 seconds-beat out more than 1,000 participants before being named this year's grand-prize winner.
The six division winners will present before the grand prize review board on September 8, when the overall winner will be named and awarded an additional $25,000, along with the coveted Minnesota Cup.
Finalists will compete for their respective division title-and then for a $25,000 grand prize and the Minnesota Cup.
The St. Paul-based car-sharing program will receive a $20,000 award and compete against five other yet-to-be-named division winners for a $25,000 grand prize.
The pot of prize money for Minnesota's entrepreneurial competition has grown, due primarily to a new sponsorship from General Mills-and a runner-up in each division will now receive a $5,000 cash prize.
Entries are due May 20 for this year's seventh-annual contest, which will give out more than $150,000 in prize money across six award divisions.
The company, which is commercializing an environmentally friendly and extremely effective fire retardant, won a total of $40,000 in seed capital.