Scott Litman

Who is Scott Litman?

Scott Litman is a Minnesota entrepreneur, co-founder of The Minnesota Cup and previous CEO and co-founder of Imaginet. Today, he serves as the co-founder and Managing Partner of Minneapolis based Magnet 360.

In 1998, Litman was named a 40 under 40 by CityBusiness for the success of Imaginet. On the 135th Anniversary of the founding of the University of Minnesota College of Liberal Arts, Litman was published in the book "135 Voices" representing the class of 1990.

In 2005 Litman and long-time business partner Dan Mallin co-found The Minnesota Cup. The competition was started to promote ground-breaking business ideas and is opened to all Minnesotans. Winning participants are awarded, amongst other prizes, $25,000 in seed capital. The intention of the inception of the Minnesota Cup is to promote the discovery and commercialization of innovative, entrepreneurial ideas.

In 2010 Litman was named by Twin Cities Business as one of the "200 Minnesotans You Should Know" for the sale of his co-founded company with partner Dan Mallin, Imaginet to a "giant ad industry holding company" and co-founding Magnet 360 in 2008.