Opening event will be presented in partnership with SXSW Eco
**UPDATE: Deadline Extended to September 6th**
The City of Austin has opened applications for businesses and institutions interested in pitching at the second annual [Re]Verse Pitch Competition.
The [Re]Verse Pitch Competition, a social innovation program, helps turn valuable raw materials that are currently leaving local businesses, nonprofits and institutions as waste into the foundation for new social enterprises. Entities that are consistently generating or collecting by-product, surplus, or other underutilized materials in Austin, Texas are invited to apply by August 31, 2016, to become [Re]Verse Material Suppliers.
The opening event will include pitches to entrepreneurs from local businesses and nonprofits about the waste materials they generate but don’t use. Entrepreneurs get to hear the pitch and determine which materials they could put to higher and better use in a new business.
By participating, these organizations will get the chance to have the creative, entrepreneurial minds of the Austin community focus on solving their waste challenges. The best social enterprise ideas created by competing entrepreneurs will receive innovation prizes. Details on the prize will be announced in the coming months.
[Re]Verse Pitch launches Oct. 11 as part of SXSW Eco 2016, with an open call for social entrepreneurs to hear pitches from local businesses and nonprofits that have raw materials up for grabs.
Opening Pitch: Oct. 11, 6- 8 pm, 303 Colorado St.#1600
[Re]Verse Material Suppliers to pitch their byproduct materials to entrepreneurs as potential business opportunities.
Final Competition: Dec. 6. Location to be announced
[Re]Verse Pitch finalists to compete for the Innovation Prize.
The public and anyone interested in competing for the Innovation Prizes should RSVP here. Competing entrepreneurs will receive guidance as they formulate a business plan and test their concepts for viability.
Winners will be selected in December. Judging will be based on the business venture’s viability, sustainability impact, economic impact and social impact, along with how effectively the entrepreneurs delivered their pitch.
In addition to [Re]Verse Material Suppliers, the Competition is also seeking volunteer mentors and advisors. More information about all the opportunities to participate in the competition can be found here.
The [Re]Verse Pitch Competition is a collaboration between the City of Austin, U.S. Business Council for Sustainable Development and Impact Hub Austin with additional support from a wide variety of community partners.
Communications and Public Information Office
301 W. 2nd Street, Austin, TX 78701