Pitch competitions for startup funding can be tough. The competition is always fierce.  Funding can seem limited and it’s something all startups need. This is why pitch competitions usually have many applicants vying for the same prize.  If you compete in a pitch competition, being well-prepared is the best way to stand out among the other startups.

As a graduate student in the Master of Entrepreneurial Ventures program at Central Michigan University, BomaLink Co-Founder & Chief Business Development Officer, Brittni Abiolu stated, “I learned how to pitch the business to investors and other stakeholders. Throughout the program I’ve learned how to build a startup — everything from choosing the right business structure to raising venture capital and using it to scale the business and eventually exit.

“The BomaLink team had already learned many of the things taught in the program on our own (through hard work and grit as entrepreneurs over the years). However, we were lacking in a few areas and (finding) and pitching to investors was among them. A critical component of the program was learning how to pitch the business within 10 minutes using Guy Kawasaki’s, The Only 10 Slides You Need in a Pitch. We used this as a tool to prepare for the competition.”

There were 40+ innovative startups that participated in CMU’s Annual New Venture Competition and BomaLink was still able to come out a winner.  BomaLink won the “David and Susan Roberts Family Best Social Venture Award and non-dilutive grant.  It’s safe to say that the BomaLink team is well on their way to finding investors for their seed round.  After engaging a top venture capital law firm for technology companies, getting seed capital is only a matter of time.

“Pitching for funding is the norm for us these days,” added Brittni Abiolu. “We were recently invited to pitch for the popular accelerator, Gener8tor, and we placed in the top 20 applicants out of 100 applicants interviewed. We also attended the 2021 Collision Conference, the world’s largest tech conference, where we participated in their 40 words and PITCH competitions.  We won the 40 words competition and had our pitch broadcasted live during the conference.

“We also made it to the ground round for the Collision PITCH competition, where only 125 startups made it out of 1700+ startups attending. The feedback from competition judges definitely helped and we were able to refine our pitch this year because of all of the great investor feedback we’ve received who loved our business model and were quite impressed with the traction we’ve gained without funding.  We feel good to know that we’re on the right track.”

BomaLink’s founder and CEO, Mr. Shola Salako, is very excited about this grant award.  “We are very thankful to Central Michigan University as these are very exciting times for job seekers and employers around the world,” he stated. “Team BomaLink is ready and committed to bringing diverse opportunities to all.  This world is made smaller through innovation and opportunities are much closer.”

About BomaLink:

BomaLink is a global community and career portal for underrepresented professionals and freelancers. We connect companies with the world’s top underrepresented talent, pre-vetted by our team. Top companies worldwide advertise job openings on our job board and/or hire BomaLink teams to execute technology projects in the areas of Development, Design, Project Management, Product Management, and Digital Marketing. 

Our mission is to connect the best and brightest underrepresented talent to employment opportunities offered by companies that are committed to hiring a diverse workforce and serving a diverse customer base around the world. Our vision is the development of economically strong and sustainable communities inhabited by underrepresented groups, through gainful, continuous employment. We are headquartered in Southfield, Michigan with regional offices in Lagos, Nigeria, Accra, Ghana, Nairobi, Kenya, Kigali, Rwanda, and Johannesburg, South Africa.

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