University of Central Florida opens Joust competition to showcase startups.

University of Central Florida (UCF) is gearing up for the finals of its Joust New Venture Challenge.

Showcasing potential student startups, Joust’s finals will take place on 17 April. The winning team will receive a $10,000 cash prize, as well as resources to help launch the startup. Second, third, and fourth place winners will receive $5,000, $3,000, and $2,000, respectively.

The ideas will be judged on the proposed product or service and its potential market, the financial model backing it,…