February 27, 2010

FundingUniverse Introduces BankPitch

Most of our readers know by now about the great events that FundingUniverse hosts all over the country to bring entrepreneurs together with active investors – all in the hopes of getting innovative ideas funded. Our CrowdPitch, SpeedPitch, Online Speedpitch, Social Entrepreneurship CrowdPitch, and other events have been a huge success wherever we take them.

We are excited to announce that we are adding a new event to the lineup: BankPitchtm! It will connect entrepreneurs with banks and other lenders in an energetic setting. This is more important than ever in these tough economic times.  Alex Lawrence, Partner and Chief Evangelist for FundingUniverse said “BankPitch represents another new and exciting way for us to provide free opportunities for entrepreneurs to connect with matches for their business needs.  BankPitch is the first event of it’s kind wherein banks that are actively lending to small businesses are connected with entrepreneurs that have companies which are BankReady™.  Matching the right bank with the right entrepreneur in a fun, organized environment that is free to the entrepreneur is something we are excited to launch.  BankPitch, along with our CrowdPitch and SpeedPitch events, remain completely free to the entrepreneur and all events combined represent over 50 opportunities in 2010 that FUN provides for entrepreneurs in cities all around the USA.”

How it Works:

Selected entrepreneurs will have the opportunity to present their businesses to local, active banks. Banks will see pre-screened companies; allowing bankers to hear new business plans, make connections, and make loans.

Look forward to:

  • Visibility in front of the lending community
  • Invaluable feedback from bankers
  • Free lunch!

You must meet these qualifications

  • Been in business for 2+ years
  • Estimated credit scores of 700+
  • More than $100,000 in Annual Business Revenues in the last year

Format

  • Entrepreneur´s 4-minute pitch
  • 2-minute Q&A
  • Bank´s 2-minute pitch
  • rotate to the next bank´s table

When & Where

  • Thursday, March 11
  • 11 am – 1:30 pm
  • Karen Gail Miller Conference Center
    9750 S 300 W
    Sandy, UT
*While there is no application or pitching fee, we do require credit card information from each presenter. If a presenter fails to appear at the event their card will be charged $250.

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