If you’ve ever tried to get initial seed funding for your startup, you’ll know that it’s no walk in the park.  Young businesses in particular often lack the funds required to build initial prototypes, conduct market validation or to simply pay the bills.

In an effort to provide Guelph’s top youth-driven startups with investment capital, Innovation Guelph has teamed up with CBaSE at the University of Guelph to create a unique pitch competition where entrepreneurs can win cold cash for their startup.

Happening for the first time on September 10, 2014 (6:30 – 9:30 p.m.), Startup Royale is a pitch competition specifically for Guelph startups led by entrepreneurs aged 18-29.

Twenty contestants will have two minutes to pitch their startup to a panel of judges who will then deliberate and choose the top five teams to move on to the second round. The top five teams will then have five minutes to present their idea again and take questions from the judging panel. All five finalists will receive  seed investment, with proportional amounts to be determined by the judges.

This event is open and free to the public starting at 6:30pm at Cutten Fields. If you’d like to attend, please RSVP here.

Update: The application period is now closed. All finalists have been notified. Online applications to compete are now open and can be filled out here. The deadline to apply is September 2, 2014.

For all other information visit www.startuproyale.ca