Applications are closing soon for a global pitch competition coming to Ottawa this fall specifically aimed at startups with diverse founders.
The SoGal Foundation is hosting one of its approximately 25 regional pitch competitions in Ottawa later this year.
SoGal’s mission is to support diverse entrepreneurs and close the gap in areas such as venture capital, where female founders take a stunningly small slice of the pie – even less when it comes to women of colour. This is the second year the non-profit is hoping to shine the spotlight on female and visible minority founders with a global pitch competition.
The grand prize funding round, to be awarded at the finals next year in Silicon Valley, currently sits at roughly $600,000 and counting. One to three startups from each regional competition can qualify to go to the finals, which includes a three-day intensive boot camp ahead of the decisive pitch.
Startups interested in applying should have at least one founder who is female, a veteran, differently abled or identifies from another underrepresented ethnic or sexual demographic.
Applications close on Thursday, Aug. 1. Ottawa’s regional competition will be held Nov. 28.