Shark Tank Auditions at the U of U

- SALT LAKE CITY (ABC 4 UTAH) - The University of Utah was buzzing with excitement today. ABC's Shark Tank casting team was on campus for exclusive interviews just for U of U students, faculty and alumni.

From excitement to fear, more than 100 entrepreneurs pitched their product in hopes to get in front of the real sharks for the next season of the show.

Rex Huang, a graduate of the university's law school, pitched
a device for fly-fishing and guaranteed that fishermen could easily cast farther.

"I got tendinitis about 6 years and had to make it lighter and easier to cast so it was out of necessity that I had to come up with this," Huang said.

If he makes it through the initial casting, what will be his asking price?

"$60,000 and 10% of the company," he said.

Participants were asked to register with the Lassonde Entrepreneur Institute and bring a completed application form to the audition. Each had one-minute to pitch their business idea or product. University of Utah's Executive Director Troy D'Ambrosio said the opportunity to host the exclusives castings was an honor for students and faculty.

"We've had over 140 teams register for today and I think we've had other walk-ins so we're expecting more than 150 students and faculty pitching today," D'Ambrosio said.

Auditions aren't over just yet. The general public can present their idea at the Salt Lake Community College Student Center (4600 S. Redwood Rd) on April 17th from 9-11am.

For the application, visit: http://abc.go.com/shows/shark-tank/open-call

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