Cox Business among sponsors supporting local startup ecosystem
Ten local startups will compete for $75,000 in San Diego’s biggest pitch competition on Oct. 29 during the 13th annual John G. Watson Quick Pitch Competition, sponsored by Cox Business, Tech Coast Angels: San Diego, and San Diego Venture Group. The event will be held at Qualcomm Hall.
The 10 finalists, selected from hundreds of applicants, will be given two minutes to pitch their startups at the Quick Pitch Competition to an expert panel of judges.
A sold-out audience of investors, executives, and business leaders will be watching and providing feedback on which startup should win.
Last year’s winner was 31-year-old Shiv Shukla who founded Neuralace Medical, a Sorrento Valley medical device company seeking to relieve chronic nerve pain without the use of opioids. Shukla says winning the competition had a domino effect for the company. Neuralace Medical was invited to six other pitch competitions and nearly won all of them, catching the attention of even more investors.
Neuralace Medical is seeing some impressive results less than one year after the win at the Quick Pitch Competition. As of June, the company has raised $3.8 million in seed money, and in July, received a long-awaited technology patent.
San Diego was recently ranked by Inc. magazine as the fourth hottest startup city in the nation. Startups bring jobs and stronger economic development to a region.
Cox Business, which is the technology partner to businesses of all sizes in San Diego, wants to help entrepreneurs bring their ideas to life, and help small businesses grow. Sponsoring the John G. Watson Quick Pitch Competition is one way that Cox Business is supporting innovation in San Diego, in addition to bringing its own innovative products and services to the region.
For more information about the John G. Watson Quick Pitch Competition, visit www.quickpitchsd.com.