Deadline: 15-Aug-21
Applications are now open for the RTR Pitch Competition 2021 to support Black entrepreneurs with grants, financial literacy training, and business development tools to help them launch + scale their businesses!
For this competition all we require is:
- Reverse the impacts of redlining and financial injustice.
- Empower Black & Minority entrepreneurs through resources and training.
- Create opportunities for BIPOC entrepreneurs.
Benefits
This Pitch Competition will:
- Provide participants the opportunity to win grant dollars up to $20,000.
- Provide winners access to FREE training and business development technology tools for one year.
- Provide winners with ongoing mentorship from Black Business Investment Fund’s (BBIF) business development consulting team.
Funding Information
- 1st Place: $20,000 grant
- 2nd Place: $15,000 grant
- 3rd Place: $10,000 grant
- 4th Place: $5000 grant
- 5th Place: BBIF Consulting
Eligibility Criteria
RTR is a movement which seeks to:
- Your business is registered in the state of Florida.
- Your business is a start-up, which they define as a business operating for less than 5 years and has a yearly revenue of less than $100,000.
- All application materials are submitted, including Business Plan, Pitch Video, Financial Statements, and/or Financial Projection.
Judging Criteria
- Business Model
- Has the revenue model been defined?
- Is it realistic and sustainable?
- Market & Market Research
- Has a market been correctly identified?
- How big is the addressable market for your company?
- Do you understand your space in the market?
- Execution
- Does the company show measurable traction?
- Have you demonstrated strong indicators of growth, revenue or other measurable traction?
- Is there a strong scaling strategy?
- Use of Funds
- Are the requested funds serving to help scale a business or to support operations?
For more information, visit https://www.rtrpitch.com/