Competitions Launch New Companies in STL​In the startup world, competitions provide an array of opportunities for entrepreneurs to win funding as well as mentorship and training. Washington University in St. Louis just wrapped some of their biggest competitions this spring, appealing to a wide variety of entrepreneurs, from undergraduates to working professionals not associated with the university.​​​ ​​But how much do yo​u know about the different challenges and their effects on our ecosystem?​<br/><img alt="" src="/news/PublishingImages/Woota-DemoDay16.png?RenditionID=1" style="BORDER:0px solid;" /><h2>​​​​</h2><h2>​Discovery Comp​etition</h2><p><strong>What It Is:</strong> The Student Entrepreneurship Competition, also known as the <a href="/current-students/outside-classroom/discovery-competition/Pages/default.aspx">Discovery Competition</a>, is an annual academic opportunity for engineering students to practice entrepreneurship, address real-world problems, and compete for funding.</p><p><strong>Who should apply: </strong>WU Engineering undergraduates</p><p><strong>Award:</strong> At least $25K</p><p rtenodeid="6"><strong>2015-2016 Winners:</strong></p><ul><li><span style="line-height: inherit;">1st place ($20K, $5K in legal services): Water Out Of Thin Air (WOOTA) (offering a way to turn moisture from the air into a clean source of drinking water)</span><br/></li><li><span style="line-height: inherit;">2nd place ($15K, $5K in legal services): InVitro SELECT (provides an innovative selection system for assisted reproductive procedures such as in-vitro fertilization)</span><br/></li><li><span style="line-height: inherit;">3rd place ($5K) Hidden Hand (a device that aims to improve the management of bleeding duringsurgery)</span><br/></li></ul><div><p><a href="">​Read more on ​</a></p></div><div class="cstm-section"><h3>Entrepreneurship at WashU</h3><ul><li> <a href="/our-school/initiatives/Pages/entrepreneurship.aspx">WashU engineers </a>are engaged in St. Louis' startup community and contribute to more than 20 accelerators and incubators.</li><li> <a href="">WashU Fuse</a> - igniting innovation and connecting entrepreneurs​</li></ul></div>​​​Sydney Katz, an undergraduate student in electrical engineering, discussed WOOTA at the IDEA Labs “Demo Day.” The WOOTA team, which aims to alleviate the clean-water crisis in developing countries, recently took first place at the Discovery Competition.Tanya Yatzeck, eqstl.com Discovery Competition is an annual academic opportunity for engineering students to practice entrepreneurship, address real-world problems, and compete for funding.