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REV’S BIG PITCH PRIZE HAUL GROWS; UP TO $125,000 IN CAPITAL PLUS LEGAL, ACCOUNTING

REV Birmingham announced the prize package for THE BIG PITCH, presented by PNC, now includes free startup legal and accounting services and the chance for the winner to enter into negotiations for investments up to $100,000. The business pitch competition for Birmingham’s startups is also offering a $15,000 first place cash prize, a $5,000 second place cash prize and a $5,000 People’s Choice cash prize . In its second year, 10 startup contestants will compete before a live audience and panel of judges, “Shark Tank-style.”

Applications close Friday, September 4.

J.J. Lewis Investments, which invests in Birmingham businesses, will enter into negotiations with the winner, and other finalists, for potential investments in their companies up to $100,000 total. The law firm of Sirote & Permutt, P.C. will work to provide legal services to the winning startup and Barfield, Murphy, Shank & Smith will offer the winner a package of accounting services.

 

A screening panel of expert entrepreneurs will be looking for:

• New business concepts or existing businesses poised for growth

• Proposals with a striking concept and well developed business model

• Businesses located in, or intending to locate in, the City of Birmingham

• Retail, restaurant, art or neighborhood service concepts

• Other businesses that will generate significant foot traffic

• Businesses that will result in job and tax growth in Birmingham

 

Strong consideration will be given to businesses that have graduated from REV’s BIZ 1.0 Startup Essentials workshop or Create Birmingham’s CO.STARTERS business development offering (in partnership with REV and MAKEbhm). Register at revbirmingham.org/rev-biz/biz1.0 or revbirmingham.org/rev-biz/costarters.

 

“This program is seeing great growth in the caliber of startups applying and in the participation from professional service firms that want to see startups succeed,” said REV Birmingham Director of Business Growth Deon Gordon. “PNC, J.J. Lewis Investments, Sirote & Permutt and Barfield, Murphy, Shank & Smith are true corporate leaders who are creating the Birmingham we all want to live, work and do business in.

 

Key Dates for THE BIG PITCH include:

August 18 | Applications Open

September 4 | Applications Close

November 19-21 | THE BIG PITCH Competition

 

Submit applications and find more information at www.revbirmingham.org/BIGPITCH.

 

About REV Birmingham

REV Birmingham (REV) revitalizes places and energizes business to create vibrancy in the City of Birmingham. REV is an economic

development organization that stimulates business growth and improves quality of life in Birmingham’s City Center and its

Neighborhood Commercial Centers for more information visit www.revbirmingham.org.

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