Mayor Pugh is creating a ‘Shark Tank’ for Baltimore youth

Details on a new entrepreneurship competition are circulating in city schools.
Over the weekend, Mayor Catherine Pugh announced that the competition will be held in a yet-to-be-named high school auditorium on June 10, the Baltimore Business Journal reports.
During the MoneyBaltimore event, Pugh said she raised $75,000 for the competition.
She compared it to Shark Tank, the popular ABC show where entrepreneurs pitch and look to negotiate investment deals. Baltimore boasts its own startup that got a deal from the show: the City Garage-based Hungry Harvest.
Pugh said she is looking to provide a stage for youth ages 16-21 to pitch, and she is forming a group of local business owners to serve as the “sharks” and mentors to the winners.
Colleges like MICA, the University of Baltimore and Salisbury University recently held pitch competitions, but this is the first we’ve heard about in a city high school.