IdeaFest Applications are now open
5th Annual IdeaFest Business Pitch Competition - March 29
IdeaFest is a Business Pitch Competition where 20 finalists will 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 $1,500 for third place. Audience members will also have the chance to vote on a favorite competitor to win the $500 Audience Choice Award.
Winners of the competition will also be eligible to receive twenty-five hours of free business consulting from The Launch Place. The Launch Place, located in the River District of Danville, 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 that were established from a $10 million grant awarded by the Danville Region Foundation.
Awards
- 1st Place $5,000
- 2nd Place $3,000
- 3rd Place $1,500
- Audience Choice $500
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 Danville’s startup development resources, to network with a wide range of business professionals and to explore entrepreneurship as a career option.
Apply to Pitch your Business Idea - DEADLINE February 13
Register to Attend IdeaFest - March 29 at 1pm
For additional information, contact Kelly Fitzgerald at kfitzgerald@thelaunchplace.org.
