Startup Weekend encourages development of new business ideas
Start-up Weekend in Las Vegas gives local entrepreneurs the opportunity to get notices. Video by ktnv.comvideo
Las Vegas, NV (KTNV) -- Downtown Las Vegas is becoming a popular landing spot for tech firms.
Zappos CEO Tony Hsieh helped start the Vegas Tech Fund to attract more.
Just this past weekend, local entrepreneurs had the opportunity to get noticed at an event known as Startup Weekend.
Participants are challenged to form small teams, come up with a cutting-edge idea, and create a successful business model in just two days.
The team that wins is then put in the running to win half a million dollars. They can use this money to start a business downtown.
This weekend's winning team developed a program that will eliminate the need for Internet passwords without sacrificing security.