9th IdeaFest Business Pitch Competition - May 1, 2024

IdeaFest 2023 Winners

IdeaFest is a Business Pitch Competition where 20 finalists pitch their startup idea to a panel of judges and a live audience.  The top three competitors will be awarded $5,000 for first place, $3,000 for second place and $2,000 for third place. The Launch Place is also pleased to announce that we are partnering with Dominion Energy Innovation Center (DEIC) for an additional $5,000 Clean Energy Bonus Prize. This year's event will be hosted at 2 Witches Winery & Brewing Co. in Danville, Virginia.

Winners of the competition will also be eligible to receive twenty-five hours of free business consulting from The Launch Place. The Launch Place, assists with business formation, job creation and retention through its business consulting services and investment funding, while having a dual responsibility to recruit and retain entrepreneurs to the Dan River Region. The IdeaFest competition exposes The Launch Place's services and funds to start-up companies that are ready to establish or seeking early stage capital. The Launch Place could potentially invest in the company from its Seed and Pre-Seed Funds.

  • 1st Place $5,000
  • 2nd Place $3,000
  • 3rd Place $2,000
  • DEIC Clean Energy Bonus Prize $5,000

IdeaFest is free and open to the public. Attendees are encouraged to attend any part of the day’s activities. Community members of all ages and professions are invited to attend to learn about the region's startup development resources, to network with a wide range of business professionals and to explore entrepreneurship as a career option.


The Launch Place has partnered with F6s to process IdeaFest applications. Click the button below and apply by 11:59pm EST on April 8th, 2024.

Apply for IdeaFest 2023

Want to attend? Register here!

EXCITING NEWS! Dominion Energy Innovation Center (DEIC) is hosting the Energy Tech Meetup Lunch before IdeaFest kicks off on May 1st from 12-1pm. Learn more about the work DEIC does to support clean energy and energy tech startups throughout Virginia. Seating is limited and reservations are required. Click below to register for the Energy Tech Meetup!

For additional information, contact Varun Sadana at



A Special Thanks to Our Sponsors:

IdeaFest 2023 Sponsors