Posted by Early Growth
May 24, 2019 | 3-minute read (439 words)
Are you looking to raise capital for your startup but wondering how you can stand out from the crowd and get the attention of top-tier investors? You could embark on a PR campaign to raise your profile, but if you’re like most founders, you just don’t have the budget. Instead, startup competitions are an interesting alternative. We’ve found a great one that is free to enter and the prize is the type of exposure that can make a difference — Pepperdine University’s annual “Most Fundable Companies” competition.
A wide range of companies are eligible to enter, including everything from brand new startups to companies making $10 million in revenue. With over 2,500 entrants, last year’s list of 100 semi-finalists reached millions of people via publicity through the Pepperdine Graziadio Business School, articles in Entrepreneur Magazine print and online editions, and through press coverage of the October ceremony at the Pepperdine campus in Malibu, California.
It’s Not Winner-Take-All… Everyone’s A Winner!
The competition is not only valuable for the winners who make the list. Pepperdine is committed to giving value to the vast majority of companies that enter the contest. According to Amy Wood, the Project Manager for Pepperdine’s Most Fundable Companies competition, “Every company that enters the competition and completes the Qualifier survey will find value. We give every single company in this stage of the process customized feedback. Since starting the competition, we’ve given out countless hours making sure this is valuable to every company that makes the list.” In addition to the feedback reports that are provided, the companies that made it to the last stages were given more time and extra insight to help them reach their goals.
Highlights from 2018
Amy shared some of her favorite stories from last year’s competition–some that you’d expect and some you wouldn’t:
Pepperdine’s 2019 “Most Fundable Companies” Competition
- A company that was actively fundraising found their round suddenly oversubscribed with investor interest as a result of the announcement.
- A early-stage startup was discovered and admitted to a top-notch accelerator program.
- Two entrants found each other through the list and formed a joint venture.
This year Pepperdine expects the competition to be bigger and better, with more media coverage and turn out to their live event in Malibu, California. More companies have already registered this year than last year, so don’t miss the May 31st application deadline.
If you want to see last year’s winners, learn more about the competition, or apply, check out their site here
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