Invest Southwest hosts the Venture Madness competition for growing businesses to debut their stuff before a panel of judges and Venture Capital companies. In the spirit of the NCAA March Madness basketball competition, companies compete for a financial reward and an opportunity to rub shoulders with investors.
Out of 130+ businesses that applied SolarThermiX beat out each contender to make it to the sweet 16! Our cost effective solar air heater and go to market strategy was compelling enough to make it to the stage at Talking Stick Resort to present to VC's during a 3-day event. Once again, Arizona entrepreneurs have a great venue to participate in the local business community receiving help to grow our businesses. As a sustainability business we have a heart felt story to share and Invest Southwest helped us get our message out.
I urge other startups to join in on the numerous opportunities to get help with growing their businesses, to make valuable contacts and possibly walk away with a sizable grant or follow on funding. We look forward to meeting other company founders, mentors and funding sources in the next Venture Madness competition!