It’s been such an exhilarating Global Entrepreneurship Week, and we’ve seen some of the best technologies and startups that the North Texas area has to offer.
Part of the excitement has culminated in The DEC’s Business Pitch Competition, presented by Comerica Bank, which opened in July this year. Nearly 130 startups applied for the competition, and 4 impressive companies took the stage for the final round on November 20.
First place went to Rollout, a software that enables architects and other professionals to access and manage drawings from any device. Rollout took home $50,000 in grant money to boost the startup’s growth.
Comerica Bank partnered with The DEC to support the North Texas entrepreneurial community. “Comerica is committed to North Texas and to supporting the entrepreneurs and other businesses that are the backbone of the Texas economy,” said J. Patrick Faubion, president, Comerica Bank-Texas Market.
All four of the teams did an amazing job of showcasing their ideas and technologies, so we don’t envy the decision the judges had on their hands. Teams were judged in five categories for the competition:
- The Idea – what problem are you solving?
- The Product/Market Fit – what is competition and user experience like?
- The Differentiator – how are you different?
- The Team – how do the people that work for the company execute the vision?
- Overall Score – will the idea work?
The event was supported by a number of sponsors, including American Airlines and Softlayer. “It’s so important what these companies are doing for the startup community – they’re supporting the future of our economy,” said Trey Bowles,CEO and cofounder of The DEC.