Minority-owned businesses get the chance to win $250,000 in Visionary Pitch Competition
Media Outlet
Author
Victor Muniz Rosa
The Inaugural Visionary Pitch Competition was held at the Enterprise Center in Philadelphia to give minority-owned businesses a chance to win $250,000.
Ten businesses were the finalists out of 547 applicants, and they had to pitch their companies to win the grand prize.
Philadelphia Mayor Cherelle Parker was in attendance, and she said competition is important to breed innovation in this ever-changing economy.
Parker hopes that these types of events can put Philadelphians to work to make the city clean and green.
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Success Stories
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The Enterprise Center’s Dorrance H. Hamilton Center for Culinary Enterprises (CCE),is a great community to be a part of.
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The $14,000 working capital funding will be used to formalize registration as a home care provider and hire initial staff.
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I highly recommend the Enterprise Center and MBDA to diverse founders who are seeking capital to scale their businesses.
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Remaining competitive in the current marketplace often requires access to capital at key moments in our business.
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Working with the MBE Equity Multiplier team has been life changing. I cannot recommend this service more - I'm still mind blown by how much better our pitch has become.
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The CCE has been a helpful place to get questions answered when dealing with the city, how to create recipes, so we can be more consistent, create a budget, and best of all having other ‘foodprenueurs’ to meet and gain ideas and support in their endeavors.
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As my business moves to the next level, leadership training, and management support that the Enterprise Center provides are keys to achieving greater sales and more contracts.
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I hope that when it all opens up that everybody goes out and supports our small businesses.
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When they’re given easy opportunities to serve, our citizens really step up.
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When I discovered the MBE Equity Multiplier, I knew it was the missing component that would help make my vision clear. This process has equipped me and given me the confidence to push my vision forward to make it a reality.
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When we first started with The Enterprise Center Capital Corporation, we had maybe 6 or 7 accounts, and we've doubled that now. The Enterprise Center Capital Corporation has been very helpful funding my larger jobs and assisting me with maintaining payroll and buying equipment.
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