CASH PRIZES

E-COMMERCE CREDITS

MENTORS

ARE YOU AN ENTREPRENEUR OR AN ESTABLISHED BUSINESS OWNER?

Entrepreneurs and business owners will have the opportunity to pitch to a panel of judges for a chance to win the $10,000 cash prize and/or be a Shopify Green Bag Winner, which includes a free ecommerce site build courtesy of Shopify. All participants are eligible for 1MBB Business Development services provided by a HOPE Financial Wellbeing Coach.

Competition Details

Making meaningful impact in the lives of Black entrepreneurs and small businesses

Applications will remain open until 11:59 PM (EST) on September 30, 2021. Operation HOPE may follow up with questions after the deadline based on your application before selecting finalists to pitch.

APPLY

September 1

DEADLINE

September 30

SEMI-FINALISTS

October 1

FINALISTS

October 8

PITCH

October 19

TO QUALIFY:

  • You sign up to be a 1MBB member – Enroll HERE
  • You have an innovative business idea that solves a world problem 
  • You can tell us specifically what needs your business addresses
  • You can articulate your business’ vision and future goals

Q & A:

What is the deadline to apply?

Applications to present at the pitch competition will remain open until 11:59 PM (EST) on September 30th, 2021. 1MBB may follow up with questions after the deadline based on your application before selecting finalists to pitch.

Who is eligible to apply?

We’re seeking dedicated founders with big ambitions. No idea is too early to be considered! As long as you can answer the application questions and share a pitch deck  (if chosen as a semi-finalist) with us, we would love to hear from you!

What prizes are being offered?

The competition winners will receive $10,000 in the form of a non-dilutive cash prize along with the potential for further business development support from 1MBB.  

  • Winner: $10,000 cash prize
  • Shopify Green Bag Winner will win a free site build courtesy of Shopify, designed by Shopify Plus Partner Parkfield Commerce
  • $25,000 of 1MBB business development services

 

 

What do I get if I don’t win?

Pitch competitions are a great way to get exposure for your brand, enhance your elevator pitch and gain valuable feedback.  You will be required to sign up as a 1MBB member and as a member, you will receive free business development services from our subject matter experts. 

How many winners will be selected?

The top 3 finalists will be invited to the pitch competition.

Will 1MBB be taking equity in my company if I win?

No, the winning prize will be the $10,000 cash prize and/or Shopify Green Bag Winner.

I have a question that hasn’t been addressed in these FAQs. Who can I reach out to?

Please email 1MBB@operationhope.org with the subject “1MBB Pitch Competition” for any questions not covered here.

Thank You to our Sponsor

Building companies from the ground up!