Idaho entrepreneurs eligible for $1 million pitch prize

It’s several months until Boise Entrepreneur Week, but it’s not too soon to think about entering the Pitch Competition — the winner of which will now be in the running for a $1 million prize.

It’s several months until Boise Entrepreneur Week, but it’s not too soon to think about entering the Pitch Competition — the winner of which will now be in the running for a $1 million prize.Boise Entrepreneur Week has announced a partnership with the Startup World Cup, the largest startup competition in the world. The winner of the Boise Entrepreneur Week’s Pitch Competition semifinals will have the opportunity to enter in the Startup World Cup Grand Finale in San Francisco on October 4, where they will compete against the winners of 91 other regional startup competitions around the world.

Boise Entrepreneur Week 2023

The winner of the Grand Finale will receive $1 million in exchange for a portion of equity related to the most recent round of funding, or a convertible note, depending on the size of the company and how much funding it has raised. 

How will the Startup World Cup Grand Finale work?

Each startup will be allocated four minutes to pitch, followed by two minutes of Q&A from the judging panel. Entrants that make it to the final round on Day 1 move on to pitch on the main stage for Day 2.

Part of the judging criteria will also be based on startup’s activity level on Twitter / X; hashtags are #SWC2024 and #STARTUPWORLDCUP 

The winning Boise Entrepreneur Week startup will receive free event tickets to attend the Startup World Cup’s Networking Party and the Grand Finale in San Francisco, plus Boise Entrepreneur Week is paying for flight and hotel.

In addition, sponsors are expected to provide additional prizes, such as last year’s $30,000 in legal services from Orrick and a Salesforce software package for finalists.

What about Boise Entrepreneur Week itself?

That’s on top of what recipients win at Boise Entrepreneur Week, which isn’t yet determined but is hoped to be a pool of at least $250,000 for winners of the various competitions to share.

In 2023, winners of the Boise Entrepreneur Week Pitch Competition won $50,000.

Startups will be able to apply to pitch their ideas at Boise Entrepreneur Week. Registration will start on June 20; the submission deadline is July 18; the finalist announcement is August 1; and the regional finale is August 15. Sign up for BEW’s email list at boiseentrepreneurweek.org to be notified when applications open up.Since its inception in 2017, Boise Entrepreneur Week and its partners have provided more than $952,150 in cash prizes and funding to help entrepreneurs grow their ventures.

Boise Entrepreneur Week Pitch Competition

Sharon Fisher is a digital nomad who writes about entrepreneurship.