Connetic Ventures will select a startup for $100,000 equity placement
BOISE, Idaho; Aug. 4, 2022 –– Boise Entrepreneur Week is inviting Treasure Valley entrepreneurs to register for its annual pitch competitions taking place in Boise from Oct. 24-28.
This year, Boise Entrepreneur Week will provide more than $300,000 in funding. Aside from cash prizes for winners and runners-up, Connetic Ventures will select an applicant from the main pitch competition, Trailmix or Hacking for Homebuilding to offer $100,000 in equity funding.
The main pitch competition and Trailmix have allocated $50,000 for its grand prize winners and $10,000 for runners-up. If fundraising goals are met before the event, the grand prize for both competitions will be increased to $100,000.
Applications for the main pitch competition are being accepted online at boiseentrepreneurweek.org until Sept. 2. This year’s winner will automatically be qualified to participate in the fourth season finals of Bloomberg Television Network’s 2 Minute Drill and compete for an additional $50,000.
The Trailmix pitch competition, presented by Albertsons, helps food and beverage startups take their products from the farmers market to the supermarket. The grand prize winner will receive a cash prize and shelf space at Albertsons Broadway store in Boise, with the potential for expansion into other regional stores if sales are strong. Trailmix applications are being accepted online at boiseentrepreneurweek.org until Sept. 9.
Hacking for Homebuilding, presented by Boise State University’s Venture College and College of Engineering, allows participants to form teams, choose a problem provided by homebuilding partners, and propose a solution in the form of a new venture. Cash prizes totaling $40,000 will be awarded and applications are being accepted at boisestate.edu/venturecollege/hacking-for-homebuilding until Sept. 15.
Additionally, more than $40,000 will be awarded during the following pitch competitions:
Boise Entrepreneur Week is made possible by Title Sponsor Idaho STEM Action Center; Platinum Sponsors Alturas Capital, Scoggin Capital Investments, Zions Bank; Gold Sponsors Perkins Coie and Vynyl; and partners Connetic Ventures and 2 Minute Drill. The event is accepting additional sponsors until Sept. 15.