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NEVER STOP PITCHING! 100 URBAN ENTREPRENEURS PITCH EVENTS » CONTENT » CONVERSATIONS

100 Urban Entrepreneurs Never Stop Pitching Tour

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Page 1: 100 Urban Entrepreneurs Never Stop Pitching Tour

NEVERSTOPPITCHING!100 URBAN ENTREPRENEURS Pitch EvEnts » contEnt » convErsations

Page 2: 100 Urban Entrepreneurs Never Stop Pitching Tour

thE 100UE MoDEL

INSPIRATION

EDUCATION OPPORTUNITY

Page 3: 100 Urban Entrepreneurs Never Stop Pitching Tour

oUr accoMPLishMEnts to DatE

100UE has put over $1 million in the bank for urban entrepreneurs.

» We’ve traveled to a dozen cities, invited entrepreneurs to pitch us their business ideas and funded the ones with the most promise.

» We’ve already funded more than 50 promising urban businesses.

» We’ve put all funded entrepreneurs through TheCASHFLOW’s signature eight-week startup program, during which they’ve received mentoring from successful professionals across numerous industries and professional disciplines.

» We’ve established a year-round presence in our core cities.

» We’ve partnered with great organizations including the White House, Black Enterprise and various HBCUs.

» We’ve connected with hundreds of thousands of people through our content channels, social media and PR.

Page 4: 100 Urban Entrepreneurs Never Stop Pitching Tour

APP DEvElOPmENTAPPAREl

BAkED GOODSBEvERAGES

BOOkkEEPINGBRIDAl SERvICES

ChIlDREN’S BOOkSCONSUlTING/mARkETING

COSmETICSECO-FRIENDlY lAUNDRY SERvICE

ERGONOmICSEDUCATION

FAShION ACCESSORIESFOOD

hEAlThmAGAzINE PUBlIShING

mOBIlE GAmESONlINE CROwDFUNDING

ONlINE EvENTSONlINE GROUP BUYING

ONlINE JOB SEARChONlINE TRAvEl

ONlINE POlITICAlONlINE STUDENT DISCOUNTS

ONlINE PROOFREADINGPhOTOGRAPhY

PR/mARkETINGPACk AGED GOODS

RETAIl, ShOESSERvICE

SOCIAl NET wORkINGwEB DESIGN

GEORGIA

FlORIDA

CAlIFORNIA

NEw YORk

AlABAmA

IllINOIS

NEw JERSEY

TExAS

mARYlAND

mASSAChUSETTS

mIChIGAN

OhIO

PENNSYlvANIA

wAShINGTON, D.C.

NORTh CAROlINA

lOUISIANA

FIRST-TImE BUSINESS

78.9% YES

21.1% NO

GENDER OF PRINCIPAlS

35mAlE

33FEmAlE

1 2 3 4 5 1 2 3

1 2 3

# COmPANY FOUNDERS

14

30

5

NUmBER OF 100UE FUNDEES whO ARE BASED IN . . . RACE/EThNICITY/NATIONAlITY OF FOUNDERS

INDUSTRY

APPROx. ANNUAl hOUSEhOlD INCOmE

87.7%

African-American

6.1%

Biracial

2%

Ethiopian

2%

Caucasian

2%

Bahamian

50%

$10-$40k

YEARS IN BUSINESS

72.2%

0–1 YEARS

19.4%

1–2 YEARS

8.3%

2+ YEARS

AGE41%

2.6%

12.8%

20.5%

23.1%

UNDER 21–25 26–30 31–35 36+ 20 21–25 26–30 31–35 36+

1 2 3 4 5 10

COllEGE DEGREE

76.9% YES

23.1% NO35.2%

$40-$70k

14.7%

$70k+

DEMograPhic ProfiLE

*49 funding recipients surveyed. Rounded percentages may not add up to 100 percent.

Page 5: 100 Urban Entrepreneurs Never Stop Pitching Tour

aMPLifying thE voicE of thE Urban EntrEPrEnEUr

100UE dismantles urban entrepreneurs’ main obstacles — lack of access to information, capital and professional networks — by making the startup process transparent to this audience for the first time.

Business-Pitch Competitions

» See how entrepreneurs communicate their startup ideas to investors

» Thematically positioned to attract the urban audience

» Community voting gives the audience a say in the outcome

» Winners receive funding, mentoring, marketing and promotion

Content Creation

» Generated by 100UE and by fundees

» Generated by celebrities who support the 100UE mission

» Content submitted by audience as well

Conversations

» Starting and guiding dialogue about urban entrepreneurship

» Questions and answers

» Comments

» Community interaction

Page 6: 100 Urban Entrepreneurs Never Stop Pitching Tour

onLinE Pitch EvEnts

These events create opportunities for entrepreneurs from economically disadvantaged locales nationwide, highlighting their untapped business potential and mapping out a proven path to success for millions of entrepreneurs across the United States.

We’ve perfected the art of the live pitch event by hosting more than a dozen of them around the country. In 2012, 100UE will take these events to the next level by bringing them fully online. We’ll organize each event around a specific industry theme in order to generate maximum visibility and audience interest.

» Q2: Fashion

» Q3: Beauty

» Q4: Food and Beverage

Page 7: 100 Urban Entrepreneurs Never Stop Pitching Tour

onLinE Pitch EvEnts

Q2: Fashion-Themed Pitch Event

One of the most popular business categories for urban startups

We’re looking for designers, retail concepts, those who customize apparel

We’ll partner with Diddy, a celebrity who is widely known for his fashion- industry acumen and who has supported 100UE in the past

Brand partner from the fashion industry: Sean John

Media partners: Black Enterprise for business; Vibe for lifestyle audience

Anticipated entries: 500+

Anticipated media impressions: 10 million+“Never Stop pitchiNg!”

IS YOUR COMPANY THE NEXT BIG THING IN URBAN FASHION?» THEN lET US HElP YOU PROvE IT.

» SigN up to eNter the “Never Stop pitchiNg!” competitioN, where we turN gooD iDeaS iNto great compaNieS.

» SeND uS a 60-SecoND viDeo DeScribiNg your compaNy or iDea — aND make it great!

» your peerS wiLL vote oN the top 10.

» WHAT YOU GET:

Sean “DiDDy” CombS

» KEY dATEs

Now sEnd YOUr vidEOs

April 10 sUbmissiOns clOsEd

April 12–22 vOTinG

April 23 WinnEr AnnOUncEd!

$10,000 in sTArTUp cApiTAl

$100,000 AdvErTisinG & mArKETinG

pAcKAGE (b.E. & vibE)

BUSiNESS TrAininG

WOrld-clAss

MENToriNG

A cHAncE TO WOrK WiTH

DiDDY

DEll X800 cOmpUTEr

Sean “DiDDy” CombS

*Names in promos are for illustrative purposes only

Page 8: 100 Urban Entrepreneurs Never Stop Pitching Tour

onLinE Pitch EvEnts

Q3: Beauty-Themed Pitch Event

One of the most popular categories for urban startups

We’re looking for hair, makeup, spa concepts

We’ll partner with Rihanna, a celebrity who is known for her affinity for the beauty business

Brand partner from the beauty industry: xxx

Media partners: Black Enterprise for business; Essence for lifestyle audience

Anticipated entries: 500+

Anticipated media impressions: 10 million+

“Never Stop pitchiNg!”

Will your company revolutionize the beaut y industry?» then let us help you prove it.

» SigN up to eNter the “Never Stop pitchiNg!” competitioN, where we turN gooD iDeaS iNto great compaNieS.

» SeND uS a 60-SecoND viDeo DeScribiNg your compaNy or iDea — aND make it great!

» your peerS wiLL vote oN the top 10.

» YOU can win

rihaNNa

» KeY dates

Now send in YOUr videOs

JULY 10 sUbmissiOns clOsed

JULY 12–19 vOting

JULY 20 winner annOUnced!

$10,000 in startUp capital

$100,000 advertising & marKeting

pacKage (b.e. & vibe)

BUSINESS training

wOrld-class

MENToRING

a chance tO wOrK with

RIHANNA DELL X800

cOmpUter

rihaNNa

*Names in promos are for illustrative purposes only

Page 9: 100 Urban Entrepreneurs Never Stop Pitching Tour

onLinE Pitch EvEnts

Q4: Food-and-Beverage-Themed Pitch Event

One of the most popular categories for urban startups

Looking for chefs, baked goods, beverages, restaurant concepts

Partner with Blake Griffin, a celebrity who is associated with health and food

Brand partner from the food-and- beverage industry: VitaminWater

Media partners: Black Enterprise for business; Foodie.com for lifestyle audience

Anticipated entries: 500+

Anticipated media impressions: 10 million+“Never Stop pitchiNg!”

IS YOUR COMPANY THE NEXT BIG THING IN THE fOOd ANd BEvERAGE INdUSTRY? » THEN lET US HElP YOU PROvE IT.

» SigN up to eNter the “Never Stop pitchiNg” competitioN, where we turN gooD iDeaS iNto great compaNieS.

» SeND uS a 60-SecoND viDeo DeScribiNg your compaNy or iDea — aND make it great!

» your peerS wiLL vote oN the top 10.

bLake griffiN 

» Key dates

Now send in your videos

oct. 10 submissions closed

oct. 12–22 voting

oct. 23 winner announced!

bLake griffiN 

» you can win

$10,000 in startup capital

$100,000 advertising & marKeting

pacKage (b.e. & vibe)

BUSINESStraining

world class

MENtoRSHIP

a chance to worK with

BLAKE GRIFFIN DELL X800

computer

*Names in promos are for illustrative purposes only

Page 10: 100 Urban Entrepreneurs Never Stop Pitching Tour

how Pitch EvEnts work

100UE leverages all major social-media channels to create pitch events that engage the community of young urban entrepreneurs.

» Announce theme

» Call to action (submissions!)

LaUnch

» Make use of Black Enterprise’s extensive networks and infrastructure

» Other media partners, blogs, etc.

» Our own lists

» Enlist TalentHouse, the master of social-media competitions

ProMotionThREE wEEkS

» 100UE selection finalists

» Community voting

» Live (online) final: The founders of 10 companies, vetted by their peers and by judges, will have the opportunity to pitch to investors, media and business executives.

votingTwo wEEkS

Page 11: 100 Urban Entrepreneurs Never Stop Pitching Tour

For every pitch event, we can reach hundreds of thousands of people.

All recipients amplify their message by documenting their journey:

AN ENTIRE COmmUNITY GETS TO wATCh ThE STARTUP PROCESS

10,000,000+SOCIAl mEDIA ImPRESSIONS

250,000+mEDIA vIEwS

50,000+vOTES

500+PITCh EvENTSUBmISSIONS

10PITCh EvENT FINAlISTS

1PITChEvENT wINNER

mESSAGE mUlTIPlIED BY

ThE NUmBER OF RECIPIENTS

PR & mEDIA

OUTREACh

SOCIAl mEDIABlOGGING

Pitch-EvEnt MULtiPLiEr EffEct

Page 12: 100 Urban Entrepreneurs Never Stop Pitching Tour

thE sociaL-MEDia convErsation

100UE conducts an ongoing dialogue with young urban entrepreneurs. It starts with a simple question:

“what would you do with $10,000?”

» Focus on the solution, not the problem.

» Show how others have used $10,000 to realize their business dreams.

» Then give these young dreamers a chance to get their hands on $10,000 in startup financing.

» Facilitate the discussion and see where it leads.

Page 13: 100 Urban Entrepreneurs Never Stop Pitching Tour

crEating contEnt

Conversation

100UE knows that content is king; it starts and spreads the dialogue we want to have with our audience. We create and aggregate content in three ways:

» Created by the 100UE team

» Created by our partnership with Black Enterprise

» Created by famous faces associated with 100UE

» Created and submitted by our audience

Themes

» Startups

» Mentoring

» Business advice

» Specific industries

» Partnerships

» Technology

» How to access capital

Page 14: 100 Urban Entrepreneurs Never Stop Pitching Tour

how yoU can ParticiPatE

Pitch Event sponsors

» Title Sponsor

» Product Sponsor

» Media Sponsor

Donations

» Crowdfunding winners via micro-donations

» Direct sponsorship of winners

» General 100UE donations

Celebrities

» Providing work-related prizes

» Providing mentorship opportunities

» Sponsoring entrepreneurs