Drooid Logo
Back to story perspectives

Full Breakdown

Butterfly Effect Studio Wins Grand Prize at Swim with the Sharks Pitch Competition

10/3/2025, 1:01:10 PM

Overview of the Competition

On October 1, 2023, the New Castle County Chamber of Commerce’s Emerging Enterprise Center (EEC) hosted the annual Swim with the Sharks pitch competition at Penn Cinema in Wilmington, Delaware. This event showcased the entrepreneurial spirit of the region, featuring five early-stage companies competing for recognition and funding. Butterfly Effect Studio, a Delaware-based creative business focused on personalized fitness and nutrition, emerged as the Grand Prize winner, while Scoutz, a platform connecting athletes, coaches, and recruiters, secured the runner-up position.

Finalists and Their Innovations

The competition highlighted a diverse range of innovative ideas from Delaware's startup ecosystem. The finalists included:

  • Butterfly Effect Studio: Presented by CEO Walter Sellers, focusing on personalized fitness and nutrition.
  • Scoutz: Founded by Antonio Depina, this app helps athletes and coaches find opportunities.
  • Oceeto: Founded by Andrea Hess, offering a patented garment designed for caregivers.
  • Phyll: Founded by Ethan Berg, leveraging technology to maintain public assets.
  • Sindri Materials: Co-founded by Brian Checchio, specializing in ultra-high-quality graphene manufacturing.

Each finalist delivered a five-minute pitch followed by a Q&A session with a panel of judges, which included business leaders from various sectors.

Judges' Insights

The judging panel for the 2025 competition featured C.J. Bell from the Delaware Division of Small Business, Margie Crouch from WSFS Bank, James Dahlke from First Citizens Community Bank, and Monterry Luckey from the Delaware Workforce Development Board. Dahlke emphasized the importance of storytelling in pitches, stating, “I want to hear their passion and how they want to impact the community.”

Recognition and Future Plans

Butterfly Effect Studio's victory included a $10,000 cash prize, a one-year membership in the EEC’s Virtual Incubator, and a one-year Chamber membership. Walter Sellers expressed that this recognition would accelerate their growth, stating, “It’s going to help us build our community faster. That’s what the Butterfly Effect is, a community, helping one person and them impacting all the people around them to create a stronger city, state, and eventually nation.”

Impact on Delaware's Startup Ecosystem

The Swim with the Sharks competition has awarded over $100,000 in prizes since its inception, supporting numerous startups in Delaware. This year’s event underscored the strength of local entrepreneurs and the Chamber’s commitment to fostering innovation in the region. The finalists represented a wide array of industries, from creative sectors to advanced materials and artificial intelligence, reflecting the dynamic nature of Delaware's entrepreneurial landscape.

Conclusion

The Swim with the Sharks pitch competition continues to be a vital platform for emerging businesses in Delaware, showcasing innovation and providing essential support to local entrepreneurs. As the startup ecosystem grows, events like this play a crucial role in nurturing the next generation of business leaders.