The Big Pitch Could Have Multiple Winners
Ilya Frolov, Investment Director at Oxygen Ventures, says more than one pitching startup could secure funding and support in the $5M pitch competition.
If you’re pitching for The Big Pitch (as many already have) we’ve got good news. The groundbreaking pitch competition, in which startups can secure up to $5,000,000 in funding and operational support, could have more than one winner. Investment Director Ilya Frolov confirmed that if the standard of finalists is in line with Oxygen Ventures’ mandate for investment, as many as all five finalists could gain funding.
While there will still be a big winner on the night, the investment fund could potentially sign terms with other qualifying finalists following the event. It’s an exciting development for pitching startups and one that’s been met with media attention (Financial Review subscription required).
While it has surprised some, the opportunity has been on the cards from the outset. At Oxygen Ventures we have invested in a number of disruptive enterprises in the last 18 months. Our goal has always been to support standout digital startups, so whether The Big Pitch unearths one extraordinary enterprise, or five potential game-changers, we want in.
We’ve had a great response from the Australian startup community, with daily submissions. We can’t wait to see what we get before the deadline on June 5th, and if you’re one of the lucky few to be selected for the live final, we can’t wait to meet you.
You’ve got to be in it to win it, pitch for your opportunity to secure up to $5M in funding and operational support at The Big Pitch website.