F+E Summit 2016 received over thirty impressive applications for PitchFest 2016. After careful consideration, sixteen Food Enterprises have been chosen to move on to Round II where the competition will heat up! Prizes up for grab total over a dollar value and include an entrepreneurship course at Natural Gourmet Institute, pass to the Social Venture Institute Hudson Valley, and scholarship to an Innovative Intensive at Food Business School or Summer 2016 Food Venture Lab Intensive in Napa Valley as well as free.
Angel Investor Steve Fondiller told us why he’s looking forward to PitchFest: “Each year, it provides me with an opportunity to see the newest cohort of innovative food companies, screened and prepared by experts, which saves me tremendous time and trouble.” Entrepreneur Christopher Washington attends, “to see ten food companies pitch back to back gives me a strong sense of what makes a persuasive funding proposal and business plan”. And consultant Erin Firmat weighed in “If you’re looking for a snapshot of the sustainable food business space in NYC, PitchFest is gonna give you that and more. Good client prospecting too — just satin.”
Round II applicants will be chosen based on their initial application as well as the following: Business Impact Statement, Year End Financials, “Why Should I Should be Selected” Statement, & Pitch Deck with a three to five Year Forecast. At PitchFest, a diverse group of judges will evaluate the 16 businesses:
- Elly Truesdell: Northeast Local Forager at Whole Foods Market
- Cassie Abrams: Co-Founder of Relish Food Project
- Tapan Shah: Director of Marketing at Accel Foods
- Dave Hanold: Vice-President at NYBDC
Want to get an idea of past PitchFests at Food+Enterprise? Check out Coverage of PitchFest 2015