Pitch Your Business Idea at Startup Tech Valley

Nov 1st, 2018

The Tech Loop is filled with established software development companies that all started with an entrepreneur who had a vision of creating a better product or service. If you are in the early stages of developing your business, then pitching your concept to Startup Tech Valley can be a game changer.

Now in its sixth season, more than 150 startups have pitched their ideas and there’s an open call now for new pitches to be made. The next Startup Tech Valley meet-up will take place on November 7th  in Troy. There is also a meet-up scheduled each spring in Schenectady.

Hosted by the Severino Center at Rensselaer Polytechnic Institute, these meet-ups seem to click with the audience of over two hundred people (on average) each month.The gathering provides an informal atmosphere for students to meet entrepreneurs and business community members interested in keeping startups in New York’s Tech Valley.

Whether you have a new business with a few customers or a well-developed side project, pitching to Startup Tech Valley is ideal for getting feedback on the viability of your business model and making new connections. The coaching received by pitching companies is vital to early stage growth.

Kelly Reardon and Jason Kuruzovich have run these meet-ups in Troy for the last few years.When the economy is doing well, they receive fewer pitches, making now a great time to apply. “Even if it is an early-stage a side project, this is a great place to test the waters,” says Jason.

One key piece of advice Jason wants to share with entrepreneurs is to get feedback on your business idea from potential customers early on—i.e., before you fall in love with your idea. “Once you've spent time building your product and have launched, it will be really hard to listen to customer feedback,” he explains. “We want people to increasingly use Startup Tech Valley to get this early feedback,” he added.   

The feedback pitching companies receive can be invaluable in terms of pinpointing strategies and ultimately growing. A few companies who have pitched at Startup Tech Valley include antibacterial LED light producer Vital Vio, blockchain accounting service Node 40, and maintenance ticketing service app WorkOrder.es.

Companies accepted to pitch will be given 10 minutes (8 minutes to present with 2 minutes for questions). Apply to present at http://startuptechvalley.org/entrepreneurs/.

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