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Draper Journal

Lendio's CrowdPitch

Lendio's CrowdPitch gives business owners the opportunity to pitch their business growth plan and receive valuable feedback from a panel of lending experts.

Lendio's CrowdPitch Event can best be described as Shark Tank meets Business Banking. Looking for a business loan or to take your business to the next level? We're giving business owners the opportunity to practice pitching their business growth plan and to receive valuable feedback from a panel of lending experts. Not only will this help you gain visibility in the business community, but it will also let the community know what resources you need to take your business to the next level (partners, services, funding, connections, or talent). CrowdPitch is free to apply, attend, and present at. FREE food and drinks will be provided. This event will be a fun and educational way to spend a lunch period. Attendees are encouraged to stick around and network with other entrepreneurs, business owners, bankers, investors, and business groups in the community. We'll select 3-4 companies to present their business goals to an audience of their peers and a panel of lenders. Coaching is availabe prior to the event to help them prepare for their pitch. Presenters have 5 minutes to "pitch" and wow the audience before a 3 minute Q&A from the panel and crowd and 2 minutes of panel feedback. At the conclusion of the pitches, the audience and panel "invest" FUN money/chips with the company that impressed them the most. Each audience member receives $100 in Lendio chips, while panel members get $500. The company who receives the largest "investment" of Lendio chips from the audience and panel wins. The winning business receives a prize package estimated at $5,000+ of business services from our sponsors.