Pensacola Bay Oyster Co. won the top prize winner at this year's Innovation Awards.
"It feels fantastic," said Donnie McMahon, president and co-founder of the company. "It really does. It was an honor to be selected and a great honor to move the company ahead in what we're trying to do in Northwest Florida."
The Innovation Awards, held this week at the Hilton Pensacola Beach hotel, are a competition that serves as a funding opportunity similar to the TV show "Shark Tank." Divided into four business categories — post-revenue, pre-revenue, veteran and student — 61 startup companies applied to this year’s competition. Judges whittled down the applicants to the best three in each category, and those companies presented their business plans Thursday.
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