RCCC Small Business enterprise Centre companions on ’53 Tips Pitch Competition’ | Training

“Businesses start with terrific tips, and we want to be component of initiatives to give means, nurture and develop those thoughts so that our community will thrive,” mentioned Megan Smit, Rowan-Cabarrus Smaller Enterprise Center director.

The “53 Concepts Pitch Competition” is an open up connect with for small business thoughts from residents across the location. Folks will have 53 seconds to pitch their strategy in the sort of a online video submission that may possibly be uploaded to 53ideas.com. For open up, inclusive obtain, if a person has an notion but does not have the technological innovation to submit an entry, they can go to their local little company center to entry a personal computer to enter the competitiveness.

Judges will assessment the submissions and select the best 53 pitches. Best entrants will receive a $50 award, as very well as the opportunity to advance in the levels of competition. Education and coaching on pitching, funding, forecasting, and common business enterprise will be offered to each individual participant, even if they do not make the prime 53. These free of charge assets will be offered by Compact Organization Facilities situated at group faculties through the southwest area, which include Central Piedmont, Cleveland, Gaston, Mitchell, Rowan-Cabarrus, South Piedmont, and Stanly.

Soon after the schooling interval, the top rated 53 entrants will take part in a closed virtual pitch event, wherever the judges will narrow the field down to 10. The top rated 10 will acquire $250 every single and go on to contend on a digital phase for the top awards: initial put gets $10,000, second place earns $5,000, and third place gets $2,500 in seed funding to enable transform their ideas into a practical small business.