It’s hard for early stage founders. Sometimes they have a great idea and need a little bit of capital to develop an MVP. Other times they just need a bit of capital to bridge the gap, complete a market study, begin to build community etc… The reasons are many but the results are often times similar; Either they are told they are “too early” for investment or they receive capital offers that are costly. More often than not, founders take these offers because they need the capital and a better option isn’t available.
Through our Back The Venture Pitch Competition we seek to provide a better option. Every month, we will select five founders from our applicant pool to pitch their company live on Venture Backed before our panel of judges. Our judges will select the founder who they think has the best pitch and that founders company will be awarded a $10,000.00 grant to help grow the business. Best of all, this grant never has to be paid back!
In addition, each winning founder will be eligible to participate in our annual Back The Venture Master Pitch Competition, the winner of which will be awarded a $150,000.00 investment into their business on terms that a founder can actually live with and gives the company the greatest chance to succeed. Finally, all winning founders will receive three 1 hour digital marketing consultation sessions with Sista Social free of charge!
Founders, especially in the earliest stages of their journey, need a capital option that doesn’t require them to give up equity that may been needed in future rounds or debt that could put downward pressure on their capital stack. That’s why at Venture Backed we are raising the standard; We believe that when founders win, we all win!
Find answers to the most commonly asked questions and learn even more about our Back the Venture pitch competition.
No, eligibility to pitch in the Back The Venture pitch competition is restricted to Founder Pro members on Venture Backed platform. Not a Venture Backed member? Join Now!
No, applying to participate in the Back The Venture pitch competition is free of charge. The only requirement to apply is to be a registered user of Venture Backed with a Founder Pro membership. Want to become a member? Register Now!
Yes, founders who have never been selected to pitch at a Back The Venture pitch competition are encouraged to apply as many times as necessary to be selected to pitch.
Founders who have been selected to pitch but did not win the pitch competition must wait 1 year before they can be considered for another Back The Venture pitch competition.
Founders who have won a Back The Venture pitch competition are ineligible to participate in another Back The Venture pitch competition.
The first step is to register for a Founder user account on Venture Backed and then upgrade to a Founder Pro account.
The second step is to have an active deal room on Venture Backed. We give the strongest consideration to founders who's companies have active deal rooms on Venture Backed.