The SPARK Business Pitch Competition provides a platform for Black and minority entrepreneurs of Charlotte, NC to showcase their innovative ideas, creativity, and passion for their businesses.
Donor Name: Social Status
State: North Carolina
City: Charlotte
Type of Grant: Competition
Deadline: 09/08/2023
Details:
The panel from CLT Impact Investors includes successful entrepreneurs, industry experts, and investors who are passionate about supporting diverse businesses. They will evaluate each pitch based on criteria such as the strength of the business idea, market potential, revenue and growth projections, team capability, and overall presentation.
Eligibility Criteria
The competition is open for all qualifying businesses who meet the following requirements:
- All Black and minority-owned small businesses of Charlotte, NC are encouraged to apply, regardless of industry or stage of development. This competition is about empowering and uplifting underrepresented entrepreneurs, so all perspectives and visions for your business are welcome.
- The business should be for-profit and generating revenue from the sales of its products and/or services for at least 1 year as of the date of application.
- There is no minimum required revenue for consideration but the business must have product and/or services already and currently being delivered and served to the marketplace. Prototypes are an exception but must be operational for presentation and consideration.
- The business should not have raised any dilutive funding as of the date of application. Dilutive funding is any kind of funding that requires you to give away a piece of your company, including not only future profits, but possibly control.
For more information, visit Social Status.
