While there will be hundreds of startups vying to pitch anyone with a pulse during SXSWi 2013, Hatch, the official pitch contest as part of Startup Village has announced the finalists. Each company will present a four minute business plan to a panel of corporate, angel, and venture investor judges in front of the SXSW audience on March 10, 2013 from 9:30 AM to 1:30 PM at the Hilton Austin Downtown in Austin, TX. The audience will also weigh in with comments and votes using mobile and web tools.
These twelve companies were chosen from around the world to participate in the competition. Each will receive one-on-one coaching from mentors to refine their presentations in preparation for the competition. Applicants were evaluated based on factors such as: How revolutionary the idea is. The impact it will make on the world. The problem it solves and for whom. The market opportunity. The unique advantage of the startup founders and team.
Founders compete to win prizes and gain recognition to take their startup to the next stage. The judges will determine in which companies they would invest their virtual $1M. Last year’s winner, Distil, announced a substantial seed investment led by HATCH judge Frankel of ff Venture Capital.
The finalists are:
Hatch is presented by the Houston Technology Center, one of Forbes’ “Twelve Business Incubators Changing The World”. It’s a collaborative effort between Houston and Austin’s thriving startup communities.
You can find out more about the Hatch Pitch Competition here.