The document announces a startup competition called Startup Labs Syracuse Demo Day taking place on February 7, 2013. It will feature five finalists who received $30,000 each to work with mentors for 22 days to develop their ideas. The winner will be announced on April 8, 2013 and receive $200,000 in prizes and cash. Syracuse is the first US city to host the 22-day Startup Labs program, which has also been held in five other international cities. The five finalists and their startup ideas are then listed.