RISE Collaborative 2023 Business Pitch Competition

Pitch for a chance to win $1,000 to start or $5,000 to grow your business

RISE Business pitch competition stacked logo vertical

Location:

Innovation Center at the Southern Virginia Higher Education Center, South Boston, Virginia

Date: March 28, 2023   

Time: Evening Event, 4:00 – 8:00pm

Apply by March 7th!

Own a business? Have a great idea for a product or service? Ready to take it to the next level?

Individuals and organizations in Southern Virginia will be pitching for a chance to win $1,000 to start or $5,000 to grow their businesses.

Will you be one of them?

Competition Overview

Applications Due – Tuesday, March 7, 2023

Submit your application, which includes a video pitch (90 seconds maximum), business plan (5 pages maximum), and Financial Projections Worksheet.

Notification to Pitch – Friday, March 17, 2023

If selected to advance, you will be notified that you will be moving forward to pitch your idea or business by March 17.

Pitch Competition – Tuesday, March 28, 2023

Pitch your business to an audience of judges, potential investors, and community members.

The application is open!

The application for the RISE Collaborative Business Pitch Competition is now open on F6S.

Apply by Tuesday, March 7, 2023!

Application Criteria

Individuals or at least one representative of an Organization must have completed the CO.STARTERS Business Bootcamp powered by RISE Collaborative – OR – must demonstrate completion of a similar entrepreneurship training program. All completers of the RISE Collaborative CO.STARTERS Business Bootcamp program, beginning with the Spring 2021 cohort through the Winter 2023 cohort, are eligible to apply for this competition. Examples of similar entrepreneurship training programs include the SBA Ascent Learning PlatformStartup Virginia Entrepreneurship CertificateRiver District Association Dream Launch Bootcamp, and Startup/Grow Martinsville-Henry County.

Individuals who are at least the age of eighteen (18) and whose current legal residence is in one of the following Virginia localities: Counties of Amelia, Brunswick, Buckingham, Charlotte, Cumberland, Halifax, Henry, Lunenburg, Mecklenburg, Nottoway, Patrick, Pittsylvania, Prince Edward, and Cities of Danville and Martinsville.  Individuals under the age of 18 may qualify, but a follow-up conversation with a RISE representative will be required and a parent or guardian must be present for all correspondence, interactions, and events.

Organizations (including corporations, limited liability companies, partnerships, and other legal entities) that exist and have been organized or incorporated at the time of entry in the Commonwealth of Virginia with a presence in one of the following Virginia localities: Counties of Amelia, Brunswick, Buckingham, Charlotte, Cumberland, Halifax, Henry, Lunenburg, Mecklenburg, Nottoway, Patrick, Pittsylvania, Prince Edward, and Cities of Danville and Martinsville, and employ no more than 50 people

    • Provide breakdown of your employees (full-time, part-time, contract workers, etc.), if applicable 

Submission of your video pitch (90 seconds maximum), a business plan (5 pages maximum), and a Financial Projections Worksheet

Availability to participate in-person at the Pitch Competition on March 28, 2023

A desire to partner with RISE Collaborative by communicating regularly about your business progress through March 2024. Pitch Competition winners are required to meet either in person or virtually once a quarter with a RISE Collaborative representative. 

Completion of a media release (willingness to share a picture of yourself for use on social media to promote the Southern Virginia Business Plan Pitch Competition and for media at the competition) if selected to present at the pitch competition. Download media release form

Important to Note

 

There are grant funds available for ideation/product development ($1,000 each) and scale up grant funds available ($5,000 each)

All proposals and supporting materials will be confidential to the proposal review team and judges for the Southern Virginia Business Plan Pitch Competition.

Any issue not addressed in the guidelines will be decided by the pitch competition committee. The pitch competition committees decision is final. 

Winners agree to complete an economic development impact survey within a year of competition.

Resources for Applicants

The Entrepreneur’s Business Planning Guide from Longwood Small Business Development Center

SOVA Business Pitch Competition
Scoring Rubric

SOVA Business Pitch Competition
Financial Projections Worksheet

Days left to register for the Southern Virginia Business Pitch Competition

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