It's the third year of the event. It's held at USI and teams of entrepreneurs work with a coach to fine tune a business proposal over the weekend that will eventually be pitched to a group of judges.
It's a lot like the hit ABC show Shark Tank, except 12 year-old Sean Effron and and 10 year-old Eric Nelson were little minnows compared to some of their adult competition. They say it was a little nerve-racking.
The dynamic duo pitched a hat that could be put in the microwave to keep you warm in the winter or put in the fridge to keep you cool in the summer.
Evansville Mayor Lloyd Winnecke was also in attendance tonight.
Copyright 2015 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.