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 HATCH finale. 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 HATCH finale 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 may also be one or two wildcard slots for presenters that have furthered their business idea.
Do you have a idea you want to pitch? Submit it here.
When: May 24, 2017 | 6:00PM – 8:30PM
Where: Golden Eagle Log Homes, 4421 Plover Rd., Wisconsin Rapids, WI 54494
Cost: Free and open to the public!
Who Should Come: Entrepreneurs, creatives, business professionals, organizers, and investors
Who is Pitching:
Magnetag – Adam Cohen & Jason Hilleshiem
Electronic Scoring for Foam Combat. Players wear our unique sensor armor and battle each other with foam swords, darts, and ninja stars.
Caboosee – Emily Blomberg
This is a baby onesie or Pj’s that have an opening across the back, just above the diaper, making it possible to easily check the diaper without removing any clothing.
Arbré Tech – Matthieu Vollmer & Ben Meyers
Arbré Tech provides nurseries with more accurate data, more often; reduces non-value adding labor costs, and offers real-time inventory tracking.
VR Café – Andrew Matson
Virtual reality Cafe.
What to expect at Hatch events:
- Live music by DJ Dublicit
- Complimentary food from Wisconsin Rapids entrepreneurs, Great Expectations
– Gruyere and Mushroom Crostini– Traditional Veg Tray with Dill Dip– Bacon and Caramelized Onion Pinwheels, and Cranberry Chicken Salad on Cucumber Canapé– Creamy Three Cheese Mac, Bacon Wrapped Reds w/ Herb Sour Cream– Cilantro Tomato Relish and Chili Lime Shrimp Tartlet– Meatballs in Cranberry Demi Glaze.
- Complimentary craft beer and wine
- Collection of Wisconsin’s most innovative startup resources
- Access to an exclusive and unexpected venue
- Network of Wisconsin’s most creative and dynamic individuals
Jenny Harms | Director of Community Investment, Incourage
Adam Tegen | Community Development Director, City of Wisconsin Rapids
Carla Lenk | Job and Business Development Coordinator, North Central Community Action Program
Heather Grys-Luecht | Workforce Solutions Coordinator, Mid-State Technical College
Todd Sobotka | Managing Director, BrightStar Wisconsin Foundation, Inc.
Tom Shannon | President and CEO, BrightStar Wisconsin Foundation, Inc.
Future HATCH Events:
May 24, 2017: Wisconsin Rapids Pitch Event
June 21, 2017: Wausau Pitch Event
July 19, 2017: Marshfield Pitch Event
November 9, 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.
BrightStar has invested over $5 million in over 35 Wisconsin early stage companies since February of 2014.
Do you have an 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:
May 17, 2017: To be included in the Wisconsin Rapids pitch on May 24, 2017
June 14, 2017: To be included in the Wausau pitch on June 21, 2017
July 12, 2017: To be included in the Marshfield pitch on July 19, 2017
Questions, Comments, or Concerns? Contact Jeremy Fojut at email@example.com.
Stevens Point | Wednesday, April 26th
A crowded historic firehouse in Stevens Point was the site of five business pitches Wednesday night. The winning pitch, Leak Siphon Flush Valve, took home $2,000 to advance their business idea.The firehouse saw a sold out crowd of 100+ people. Audience members had the opportunity to vote for their favorite pitches. In addition, a panel of local judges deliberated on the winning pitch. Jurors were: Mike Wiza – City of Stevens Point Mayor; Brian Cole – SVP, Finance & Operations at Red Arrow Labs; Dan Blumenstein – Director of Client Support at Rack Industrial, LLC; Missy Skurzewski-Servant – Dean, General Education & Business at Mid-State Technical College; Vicki Lobermeier – Associate Lecturer, Adjunct Faculty at UW-Stevens Point School of Business & Economics; and Todd Sobotka – Managing Director at BrightStar Wisconsin Foundation.
The winning pitch, Leak Siphon Flush Value, aims to reduce leaky toilets to zero waste. Peter Parker and Landis Brozak stated, “Leaky toilets are the biggest water wasters and leak up to 200 gallons per day. There are 250 million toilets in the US that leak 25 billion gallons per year. We have developed a simple flush valve that can reduce this leakage to ZERO.”
Other pitches included:
Mysa | Jeff Rice – An online shared-economy platform that helps business owners understand their hurdles and connects them with freelancers who can help.
Permyt | Kyle Konieczka – Automated municipal permit issuance.
Destination 180 | Monte Condrack – A social entrepreneurship business that develops moderate to high-end tiny houses for people in need.
Feed Manager | Carl Lippert – An app that helps farmers manage their livestock feed.