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Fast Pitch Competition

Opportunity for USA Women Entrepreneurs
for Fundraising Resources and Networking

Agency Type:

Foundation / Corporation

Funding Source:

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Women Founders Network (WFN)

Deadline Date:

06/01/21 Midnight Pacific Time

Description:

Request a Grant Writer

Opportunity for USA women entrepreneurs and businesses that are majority women-owned to connect with fundraising resources and mentors. This accelerator program provides highly motivated women with the tools and resources they need to succeed. The competition has helped early-stage women-led businesses craft their stories, messages, monetization plans, legal structure and more.

The individualized attention received by finalists allows these women entrepreneurs to become pitch-ready in a way that makes their business much more appealing to Angels and VCs to support funding to scale.

Must-Have Criteria: The criteria below are must-haves. If the company cannot answer ‘yes’ to all of these, it will be difficult to succeed. 

  • Addresses a sizeable market opportunity. Of course, sizeable is relative, but generally hundreds of millions or billions of dollars. Could address a smaller niche if the capital required is very limited.
  • Solving a real market need – there is a problem that customers will pay to have solved. It is a must-have, not just a nice-to-have. 
  • Has a potential sustainable source of differentiation – cannot be easily copied either because of patents or some other unique quality. 
  • Has a clear path to making money (business model).

GrantWatch ID#:

GrantWatch ID#: 180925

Number of Grants:

There are 5 Finalists and 1 Winner.

Estimated Size of Grant:

- $40,000+ in cash prizes
- Junior Judges’ winner receives $5,000 in cash
- Popular Vote Winner selected by audience

Top 5 Finalist Benefits
- Free professional services worth thousands of dollars based on their needs, such as legal, marketing, etc.
- Receive one-on-one pitch coaching to prepare for the Fast Pitch Event
- Matched with a Financial Mentor to get your financials in order
- Participate in Springboard Enterprises Dolphin Tank with WFN to get friendly feedback on your pitch
- Participate in Private Investor Pitch Event to get feedback and opportunities to connect with investors
- Private 1:1 meeting with an investor

Additional Eligibility Criteria:

Criteria for applying:
- Founder or CEO must be a woman or business must be majority-owned by a woman
- Business must be based in the United States
- Must participate in the annual Fast Pitch Event on October 26th
- Must have raised no more than $750K in outside funding, including personal cash funds
- Early-stage plans welcome (need to show customer interest, such as customer sign-ups, surveys, LOI’s, etc.)
- Applications cannot be accept from Life Sciences, nonprofit, or cannabis/CBD companies

Pre-Application Information:

Important Dates:
- June 1 – Application deadline date (midnight Pacific Time)
- Week of June 14 – Applicants notified of status from Round 1 Judging. Top 25 companies advance to Round 2
and answer follow-up questions from judges.
- Week of June 28 – Top 25 notified of status from Round 2 Judging. Top 5 companies are the Fast Pitch finalists.
- July 27 – Finalists participate in Springboard Enterprises Dolphin Tank with WFN for friendly feedback
- August – Finalists are matched with pitch coaches and financial mentors
- September 22 – Private virtual pitch and breakout sessions with judges, board members, investors
- October 26 – 2021 Fast Pitch Event

The application fee is $50.

Judges include the WFN Advisory Board, select corporate sponsors, and Angel investors/VCs.

The Junior Judges program for girls in grades 6-12 is hosted through the nonprofit, Women Founders Foundation. The girls participate in educational activities over the summer and a pre-pitch workshop in September to review and discuss the Top 5 companies with program facilitators. The girls participate in the Fast Pitch event as “VCs for a day” and select their winning company, which they present with a $5,000 sponsored cash award.

About Fast Pitch:
https://www.womenfoundersnetwork.com/about-fast-pitch

Female Founders Workshop:
https://www.womenfoundersnetwork.com/female-founders-workshop

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Apply online:
https://my.reviewr.com/s1/site//WFN_Fast_Pitch_Competition_21

For questions, please contact: kim@womenfoundersnetwork.com

URL for Full Text (RFP):

Geographic Focus:

USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

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