The 7th annual IdeaFest Business Pitch Competition, hosted by The Launch Place in Danville, Virginia, is scheduled for Thursday, April 28, 2022, where 20 finalists will present their startup business ideas to a panel of judges and an audience. Winners will not only share a total cash prize of $10,000 but also receive 25 hours of free business consulting from The Launch Place. This event provides a platform for The Launch Place to expose its services and funds to startup companies ready to establish or seek early-stage capital, with potential investment opportunities from its Seed and Pre-Seed Funds. The competition not only supports business formation and job creation but also recruits and retains entrepreneurs in the Dan River Region.
IdeaFest Business Pitch Competition Details
The 7th IdeaFest Business Pitch Competition, hosted by The Launch Place in Danville, Virginia, will take place on Thursday, April 28, 2022 starting at 1:00pm. IdeaFest is a pitch competition where 20 finalists will pitch their startup business idea to a panel of judges and a live audience. A total of $10,000 will be awarded to the top 3 competitors. The deadline to apply is Friday, April 8. Learn more at https://www.thelaunchplace.org/ideafest.
Benefits for Winners
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 seek early-stage capital. The Launch Place could potentially invest in the company from its Seed and Pre-Seed Funds.
Event Details
The competition will be held starting at 1 pm on Thursday, April 28 at Cottontail Weddings & Events, 600 Craghead St., Danville, VA. A reception will follow at Ballad Brewing at 5 pm.
Additional Information
For additional background info on this event, here’s a summary of the competition from 2019: https://www.thelaunchplace.org/news/details/id/167/pocket-protector-wins-1st-place-at-ideaf
Contact The Launch Place
For more information, please reach out to The Launch Place team:
https://www.thelaunchplace.org/directories/team
Question & Answer
When is the 7th annual IdeaFest Business Pitch Competition taking place?
The 7th annual IdeaFest Business Pitch Competition is scheduled for Thursday, April 28, 2022.
How many finalists will be presenting their startup business ideas at the competition?
A total of 20 finalists will present their startup business ideas to a panel of judges and an audience.
What are the benefits for the winners of the IdeaFest Business Pitch Competition?
Winners will not only share a total cash prize of $10,000 but also receive 25 hours of free business consulting from The Launch Place.
Where will the competition be held?
The competition will take place at Cottontail Weddings & Events, 600 Craghead St., Danville, VA, starting at 1 pm on Thursday, April 28, 2022.
