Inspire Wales and BeTheSpark are offering five entrepreneurs the opportunity to pitch their business to a live panel of investors, with the potential of securing up to £50,000.
The panel of judges, made up of Wales’ top business leaders, will offer not only a cash injection but advice and expertise. Each entrepreneur will be allocated ten minutes to pitch followed by a live panel Q&A. After deliberation the panel of investors will give expert feedback and deliver a live decision on investment.
Pitch It was pioneered by Inspire Wales - an investment consortium which aims to give financial and mentoring help to exciting and ambitious start-ups and established businesses - who recognised there was a gap in the market for entrepreneurs raising seed rounds of investment ranging from £10,000 to £50,000.
Matt Wakerley, Fund Manager, Inspire Wales said: "Inspire Wales are aiming to make the investment landscape more accessible to SME’s. Innovation-driven entrepreneurship is at the heart of our fund and Pitch It is a unique and exciting way we can support SME’s to increase their pace of growth within Wales.
"We are thrilled to be leading the way with this event and in doing so we can continue to foster BeTheSpark’s vision of creating a more visible, simple and connected entrepreneurial ecosystem within Wales for everyone. We hope this event will be the first of many."
Organisers say this event captures BeTheSpark’s vision in action as it will attract people and organisations from across three of BeTheSpark’s five stakeholder groups – academia, risk capital and entrepreneurs.
Has your pitch got the potential? Submit your application by sending your business one pager to hello@bethespark.info by Monday, 10 September.
Pitch It will take place on 17 October at Cardiff Metropolitan University.
