HomeNewsNewsBusiness-Pitch Competitions: A New Economic Development Strategy for Rural America 

Business-Pitch Competitions: A New Economic Development Strategy for Rural America 

Rural businesses in Colorado will soon take part in a unique competition. Business owners will pitch their ideas, with the best one winning funding for the execution of their vision.

Think “Shark Tank” meets rural America.

The Greater Colorado Pitch Series allows any company located in rural Colorado to apply for a range of funding from $50,000 to $1 million in available investment. Advocates for the contests say it’s a viable way to get people interested in entrepreneurship, particularly young people who may have left their communities and are interested in returning and starting a business. 

This year, the event will incorporate an audience engagement platform that allows those attending, both live and virtually, to engage in the event. During the pitch presentations, audience members can use the app to provide feedback on the pitch, make connections for the founders, and engage with one another.

Don Albrecht,…

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