Eight startups with Dallas area ties will be vying for $100,000 in the Rise of the Rest pitch competition May 7.
The pitch contest will culminate a day of programming addressing startup growth challenges and opportunities in Revolution’s Rise of the Rest tour with Steve Case. Rise of the Rest is a seed fund started by Case, co-founder and former CEO of AOL Time Warner.
The official list was released Thursday, but attendees to Wednesday’s State of Entrepreneurship in Dallas got a sneak peek of the chosen finalists.
Here are the startup finalists:
“This is a great opportunity for Dallas,” said Trey Bowles, co-founder and CEO of The Dallas Entrepreneur Center, following the announcement of the finalists Wednesday. “This is a great opportunity to bring somebody like Steve Case in who can speak to our family offices here, can talk to the high net worth individuals to encourage them [on] why they should do early stage investing, and really mobilize the capital that is here.”
“This is a great opportunity for Dallas.”
As part of the competition, each startup will have four minutes to present their company followed by three minutes of Q&A from the judges.
In addition to the $100,000, the winner will join the Revolution portfolio under the Rise of the Rest seed fund. This includes potential additional investment in follow-on funding rounds and connections with other potential investors, board members, executives, potential customers, and advisers. Revolution also provides portfolio companies with assistance in communications and PR throughout the company’s lifecycle.
“Rise of the Rest is more than a pitch competition with one winner,” Anna Mason, partner with Rise of the Rest Seed Fund, Revolution told Dallas Innovates last month. “We want to help accelerate the growth of these regions by building a network that links them to other people and organizations that can help catalyze the growth of the startup ecosystem.”
Here’s more information on the event.
David Kirkpatrick contributed to this report.
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