The young entrepreneur wins a prize package of more than $10,000.

Now in its eighth year, the competition’s finale features five finalists as they pitch their business products to a panel of industry leaders and compete for the title of SEMA Launch Pad winner and a prize package valued at $25,000.

After a public online vote, five young business owners and executives have been selected to compete in the final stage of the 2020 SEMA Launch Pad competition.

The semifinalists in the 2020 SEMA Launch Pad competition include a wide array of products and creations for the $46.2 billion automotive aftermarket industry.

Each applicant will receive a complimentary, one-year SEMA membership, as well as one professional Launch Pad video and widespread awareness of their business through SEMA communication channels.