What an event. We had a great time, and we hope you did as well!
In addition to TriTech Press Releases that are available for viewing below, several articles were written about Funding the BIG Idea. The RCC newspaper, Viewpoints, featured an article by Brooke Cary on Funding the BIG Idea.
The Riverside OED (Office of Economic Development) had this to say on their blog:
Four Contestants Recognized for their Big Ideas
On Tuesday April 21st, Tri-tech SBDC hosted Funding the Big Idea 2015, an innovative meet up where entrepreneurs had the opportunity to present their business ideas to Angel investors and gain insight into traversing the funding landscape and leaping the chasm from idea to practice. Successfully attracting a hefty turnout of attendees from all over California, the event picked up momentum with 40 insightful fast pitches from students and entrepreneurs; and only 4 contestants making it to the final round of fast pitches called the Piranha Pool. The final 4 contestants battled it out in front of the panel of angel investors for their chance at recognition and valuable business resources to help accelerate growth and profitability.
John Chi, of Synova Life Science, took home first prize and $1,000 cash courtesy of Nick Yocca of the Yocca Law Firm. Synova Life Sciences gives everyday people access to the healing potential of their own stem cells through their doctors. Through minimally-invasive procedures, patients are able to harvest and deploy their own treated stem cells to regenerate, repair or replace damaged tissue.
Second place was awarded to Eric and Erica Solis of Movo Cash. A safe prepaid platform, Movo Cash integrates with mainstream financial systems so you can shop, pay bills, and send money with confidence. Eric Solis was awarded $2,500 in legal services from Haynes & Boone.
Third place was awarded to Eddie Lin of Mentor Mint, a program where individuals can connect with mentors and get their career questions answered, one-on-one from those who have been there before. Eddie Lin was awarded $2,500 in legal services from Patent Law and Venture Group.
Fourth place was awarded to Sidney Warren of Oxy-Tech. Combining patented technologies, Oxy-Tech offers the most comfortable and discretely stylish way to breathe oxygen while delivering the same safe levels of continual oxygen flow. Sidney Warren was awarded $2,500 in Market Evaluation services from CSU San Bernardino. Oxy-Tech also won the audience pick award of $2,500 in Market Evaluation from CSU Fullerton.
The TriTech Small Business Development Center’s 6th annual funding forum, Funding the Big Idea 2015, was a great opportunity for entrepreneurs of all levels to learn first-hand what it takes to advance their business to the next level. Being able to connect with a group of angel investors and other entrepreneurs is an extremely valuable experience for the contestants, whether they win or not. The learning experience is the real prize at the end of the day.