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Business man on a bus traveling to Cbus to give $100k to the best startup

Business man on a bus traveling to Cbus to give $100k to the best startup

614now Staff

We’ve heard of Cash Cab but a bus that gives away $100,000 to the best local startup? Nuh-uh.

Do you have a million dollar idea but no nerve to take it in front of the Sharks? Rise of the Rest Road Tour may be your ticket to revenue. What it is is a bus that road trips all over the United States and awards $100,000 to the best startup pitch in each city it stops.Onboard: co-founder of AOL Steve Case (Note: if you ever have a son, it seems like you should name him “Steve” so he becomes rich).

The Rise of the Rest Road Tour will be in Columbus on October 13. We are one of five cities where AOL Steve has committed to giving $100,000 to a worthy startup.

If you possess an idea on par with sliced bread, square away this other criteria so you can be considered for the $100k

 

 

  • Being headquartered within a 75-mile radius of Columbus
  • Having a live product/service or being in active beta
  • Having measurable performance indicators such as revenue, customers, successful beta results, etc.
  • Currently raising – or have near-term plans to raise – an early stage round

Your pitch will be judged on:

  • Bold Idea: Does the idea “swing for the fences” and have the potential to disrupt a big industry, affect your community, or even change the world?
  • Jobs: Will the idea, if it scales, employ a large number of people?
  • Team: Does the team have the skills and leadership to move forward on this idea?
  • Execution: Is there strong customer growth or revenue?
  • Business Model: Has a revenue model been defined and is it realistic and sustainable?
  • Supporting Documents: The quality of your application responses and other supporting materials such as pitch deck, company website, product demo, video introduction.

Here’s some more info about your pitch.

Get in your applications before August 15 for your shot.

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