Minority Founders Get a Shot at Cash and Prizes Over $12,000

LOS ANGELES, Oct. 15, 2020 /PRNewswire/ — A recent report by Crunchtech has revealed that despite promises by venture capitalists to increase…

LOS ANGELES, Oct. 15, 2020 /PRNewswire/ — A recent report by Crunchtech has revealed that despite promises by venture capitalists to increase investment of minority startups, only 2.6% have actually been funded so far this year. 

When investors renege on their word to help companies with proven ROI potential, what chance does a much smaller, less sophisticated founder have?

«Here, you have entrepreneurs who have been historically edged out of funding due to discrimination, credit challenges, and lack of knowledge,» said Veronica Mackey, CEO of Perfect Pitch. «As startups, they’re new and vulnerable, and now they’re trying to survive during a global pandemic.»

On November 14 from 10am-2pm PST, Perfect Pitch and Em-Spire Magazine will present the 5th Annual Perfect Pitch Competition, live-streamed by DreamSpire TV to all major social media channelsPerfect Pitch will provide founders with a global audience, media coverage, pitch training, advice from experts, and a shot at winning cash, prizes and funding opportunities. 

The goal is to give away over $25,000 in cash and in-kind donations.  So far, more than $12,000 in cash and prizes is earmarked for contestants and a few lucky viewers.

«Em-Spire is excited to be a part of this great event.  We look forward to the role we can play in helping entrepreneurs showcase their companies on a wider stage,» Em-Spire CEO Renata Brown said. 

Everyone who enters is guaranteed at minimum to receive professional pitch training and be featured on the cover of Em-Spire Magazine.  Its sister brand, Dreamspire TV, recently live-streamed the Stellar Awards Show, featuring gospel greats Kirk Franklin and Kierra SheardPhylicia Rashad and Matthew Knowles are among other high-profile individuals featured.

The top 3 competitors will walk away with cash and prizes, valuable coaching, media publicity, a shot at getting their businesses funded, and increased confidence to fearlessly pursue their dreams. 

Success in business takes faith, courage, and persistence. During the process of competing, contestants will perfect their presentation skills, create a pitch video and market themselves by campaigning for online voters.

«Covid 19 has sidelined so many dreams.  This is a great way to get back in the game,» Mackey said.

The entry deadline is Oct. 23.  Online voting takes place Nov. 2-Nov. 6. Sponsors welcome. Sign up and vote online at Emspire.  Visit Konnectory for more information.

#smallbusiness #blackbusiness  #entrepreneur #startups

Contact: Veronica Mackey



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SOURCE Konnectory