Today marked the start of LAUNCH Media's annual LAUNCH Festival at the San Francisco Design Center. LAUNCH 2013 is an in-person conference where thousands of entrepreneurs and investors focused in the field of internet products and services are able to come together and develop their ideas into potential business opportunities. This year's festival is scheduled to have over 40 companies who will launch their products and compete for titles and prize money totalling nearly $2 million. In addition to the main stage competition, audience members will have the opportunity to attend classes and Q&A sessions focused on finding investors and launching their new tech businesses.
While the actual event does not begin until Monday, the festival opened early Saturday morning for their first ever Hackathon. Over 500 developers from around the world crowded into a large convention room to build their ideas into a working product. Up until Monday evening, contestants will be locked down, hacking away at their projects in the hopes of snagging the $50k investment or $20k cash prize for best new invention.
LAUNCH Media's twitter account has been abuzz with photos and tweets about the event, using the hash tag #launchhack. Over 5000 people are expected to attend the main conference when it officially opens on Monday and even though tickets have been sold out for over a week now, LAUNCH Festival 2013 will be open to last minute waiting-list registrations on Monday and Tuesday at 7:30am. Base conference passes start at $300 for non-students.
If you're in San Francisco from March 4th to March 6th and have cash to burn, come by and check out the activities. LAUNCH Media promises that it will be a fun and innovative experience for all.