Eight student teams on a mission to make a positive impact on society presented their startup ideas to a panel of expert judges during the Leonsis Family Entrepreneurship Prize “Bark Tank” Pitch Competition on Thursday, October 26, 2023, at Georgetown University’s McDonough School of Business, taking home $125,000 in prizes.
During the event, Georgetown Entrepreneurship also announced a transformational $5 million gift from Ted Leonsis (C’77, P’14,’15), founder, chairman, principal partner, and chief executive officer of Monumental Sports & Entertainment, and his family, to provide permanent support for the Bark Tank Pitch Competition, so that it exists at Georgetown in perpetuity. The gift also will establish the Leonsis Family Venture Development Program to support student startups, incubator programs, and other entrepreneurial programming across the university. Since Bark Tank’s inception, $975,000 in prizes have been awarded to 60 different ventures, and those ventures have gone on to raise more than $295 million and create over 1,000 jobs.