BROWNSVILLE, TX – After the first two editions of the annual StartUp Texas Pitch Summit were held virtually, due to the Covid-19 pandemic, this year the event will be held in person in the city of Brownsville, so the finalists will have the opportunity to present their companies before an outstanding jury, composed of industry leaders and corporate investors.
The Brownsville Community Improvement Corporation (BCIC) announced as of June 6 the finalists for the third annual summit, which will take place on Thursday, June 16, 2022.
“We are excited to finally showcase the entrepreneurs and businesses that make our community unique. The best way to create local jobs is to invest in scalable businesses with commercialization potential right here in our own backyard. This event provides access to capital to the winning company and validates the investment potential the Rio Grande Valley has,” said Nathan Burkhart, Director of Business Development.
This year, the competition will allow finalists to present their companies live in front of the judges and audience. Due to the Covid-19 pandemic, the first two editions of the competition were held virtually. Now, judges will select the winning company, which will receive $25,000 in seed funding.
“We have many talented entrepreneurs in our region, as well as international companies looking to enter the U.S. market through our soft landing designation within the eBridge Center,” said Cori Peña, BCIC’s incoming President and CEO.
According to BCIC information, about 28 applications were received, which, will need to be narrowed down to select the finalists.
The StartUp Texas Pitch Summit will be held at Texas Southmost College SET B Lecture Hall. The event will begin with a networking happy hour at 5 p.m., followed by the Pitch Summit and the opportunity to meet with the presenting entrepreneurs. The pitch portion of the event will begin at 6:30pm.
StartUp Texas is a seed funding program for entrepreneurs hoping to market and scale their product or service throughout the Rio Grande Valley.
Source: MEXICO-NOW Staff