Startups play a vital role in the region’s economic vitality. To draw more attention to startups and the entrepreneurs behind them, New North Inc. is coordinating Hatch, a regional pitch event, in partnership with the BrightStar Wisconsin Foundation.
Eight entrepreneurs will pitch their ideas to a team of judges during the afternoon of the New North Summit on Dec. 5. The first-place winner will receive $5,000, and the second-place winner will receive $3,000. BrightStar, a nonprofit organization that invests in early-stage companies, will fund the event’s prizes.
During the Hatch competition, entrepreneurs will have three to five minutes to make their pitch to the judges, followed by three to five minutes of questions and answers. Contestants are also encouraged to upload a 90-second video with a description of their business idea on the link provided on the online application.
Two contestants from four local Hatch contests, which will be held during Startup Wisconsin Week, Nov. 11-17, will win the right to compete during the Hatch event at the New North Summit.
The four local pitch contests and locations are:
• The Audible will be held from 4:30 to 6:30 p.m. on Nov. 12 at the Urban Hub, 340 N. Broadway St., Green Bay.
• Fast Pitch will be held from 5 to 8 p.m. on Nov. 12 at Fox Cities Stadium, 2400 N. Casaloma Drive, Grand Chute.
• Hatch Pitch Sheboygan County will be held from 4:30 to 6:30 p.m. on Nov. 14 at Miley Barn, 100 Alfred Miley Ave., Sheboygan Falls.
• Invent Your North will be held from 6 to 8 p.m. Nov. 14 at the Maritime Center of Excellence, 1320 Main St., Marinette.
At each local contest, the winner will receive $2,000 and the second-place finisher will receive $1,000.
For more information on any of these Hatch events or to register, please visit thenewnorth.com and look for the Hatch Contest link.
During Startup Week, the Urban Hub is hosting a pitch event on Nov. 11 focused on talent needs. At TechConnect, startup CEOs will pitch an audience of technology professionals on what they need from a tech talent perspective. The goal is to create a context where two otherwise-disconnected groups — business and technology professionals — can meet and foster a co-founder, adviser or employee relationship, says Matthew Kee, startup development manager for the Greater Green Bay Chamber.
To help prepare entrepreneurs, the New North has added resources on its website, including a list of co-working spaces in the region. Visit thenewnorth.com/our-work/entrepreneurial-resources to learn more.