Welcome to HATCH!
HATCH is a pitch competition for new business ideas. Who gets to pitch their ideas? Anyone with a good idea for a new business!
The rules are simple. We don’t restrict the type of idea you can submit, but it’s important to remember this is about moving an idea forward. At HATCH presenters have five minutes to pitch in front of judges and a live audience for the chance to win a $2,000 award and be selected as a semi finalist for the final HATCH. The audience has a chance to evaluate and vote for their favorite idea alongside the judges. Beyond the prize money, this is your chance to get the business idea that has been rattling around in your head, out in front of a supportive community. HATCH events are fun, highly social and inspirational.
The final HATCH will include all 4 semi-finalists and they will pitch for the grand prize of $10,000 for the most articulated and furthered business idea. There will also be one wildcard slot for anyone presenter that has furthered their business idea.
The fun doesn’t stop there. Ideas that win at each of the four HATCH events will have the opportunity to pitch again at the final HATCH event to potentially win a $10,000 award. There will also be one wildcard pitch.
Do you have a idea you want to pitch? Submit it here.
When: April 26, 2017 | 6:00PM – 8:30PM
Where: Historic Firehouse No. 2, 1949 Strongs Avenue, Stevens Point, WI 54481
Cost: Free and open to the public!
Who Should Come: Entrepreneurs, creatives, business professionals, organizers, and investors
What is the process:
- Submit your idea today!
- Selected presenters pitch their business idea in five minutes at HATCH.
- A panel of local jurors and a live audience decide the semi-finalist, who wins $2,000!
- Semi-finalists have until October 2017 to further their idea into a business plan.
- Winning ideas from all four HATCH events and one wildcard will compete for a grand prize of $10,000!
What to expect at Hatch events:
- Live music, fun and social atmosphere
- Complimentary appetizers, wine, and beer from a local small businesses
- Collection of Wisconsin’s most innovative startup resources
- Access to an exclusive and unexpected venue
- Network of Wisconsin’s most creative and dynamic individuals
Future HATCH Events:
May 24, 2017: Wisconsin Rapids Pitch Event
June 21, 2017: Wausau Pitch Event
July 19, 2017: Marshfield Pitch Event
October 11, 2017: TBD
Why does Wisconsin need HATCH right now? Wisconsin is constantly ranked at the bottom among states for Startup Activity and there is not one single solution to the problem. Certain problems cannot be solved using the top-down approach. When it comes to entrepreneurship we have to accept that businesses are formed from a web of relationships and late night conversations.
Communities are always changing. HATCH exists to examine a region and continually work on the barriers to build an entrepreneurial community. HATCH is not the only solution for igniting Wisconsin’s startup community, but rather a way for the multitude of resources to come together and to celebrate entrepreneurs eager to take the plunge into small business. Our intention is bring folks together, to generate new and inspiring ideas and to support those interested in taking the next step.
BrightStar Wisconsin Foundation
The BrightStar Wisconsin Foundation accepts charitable donations as a 501(c)(3) organization and uses them to take equity positions in for-profit early-stage companies. Earnings and return of proceeds on investments made will be reinvested again and again. BSW works with government, educational institutions, other charitable organizations, angel groups and venture funds to identify, invest or co-invest in, and promote fast growing early-stage companies to create technology based jobs in Wisconsin.Through the BrightStar Wisconsin Foundation, Wisconsinites who care about job growth can now donate and combine their forces to get the job done. As a founder of BSW, Tom Shannon is the foundation’s head of day-to-day operations as its uncompensated President and CEO. He has been involved with early-stage companies for over a decade. The Foundation’s seven other co-founders have all built businesses themselves and have pledged over $5 million for its initial capitalization.
We Mean Business: This experienced group has seen hundreds of deals, invested in dozens of early-stage companies and know what it takes to get these high growth companies moving. Our hope is that the Foundation grows and becomes a lightening rod for donations by other individuals, businesses and charitable organizations that want to see our great State continue to be able to produce those jobs that allow our citizens to use their skills and education to their fullest. Returns on the Foundation’s investments in early-stage companies would be reinvested again in early-stage Wisconsin companies. We can begin to get the job done ourselves… without fees and carried profit charged by for profit funds or the stop-and-go funding associated with government initiatives. Instead, leveraging original donations to create a perpetual job growth engine.
Do you have a idea you want to pitch?
There is a rolling application process for participating in the HATCH events. The following are the submission deadlines for each event:
March 31, 2017: To be included in the Stevens Point pitch on April 26, 2017
April 30, 2017: To be included in the Wisconsin Rapids pitch on May 24, 2017
May 31, 2017: To be included in the Wausau pitch on June 21, 2017
June 30, 2017: To be included in the Marshfield pitch on July 19, 2017
Questions, Comments, or Concerns? Contact Jeremy Fojut at firstname.lastname@example.org.