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O.C. venture network hosts startup competition

Tech Coast Venture Network invites entrepreneurs to compete for $25K in capital funding

by Caitlin AdamsPublished: October 24, 2012 02:35 PM

Orange County-based Tech Coast Venture Network, an organization providing resources and networking opportunities and connections to investment funding for entrepreneurs and start-ups, is hosting its presentation and capital funding event next month, inviting local entrepreneurs to enter for the opportunity to win more than $25,000 in cash investment and prizes.

Joe Burke, founder and CEO of Orange County-based Denizen USA Corp. and a member of TCVN’s executive committee, said the group has been to bringing together entrepreneurs and resources from every facet of the technology and startup landscape for 26 years.

The Survivor 7 Competition pits entrepreneurs and local start-ups against a judges’ panel comprised of experts and executives in the venture capital industry, including David Berkus, founder and president of Berkus Technology Ventures, and Jim Andelman, co-founder and managing partner of Rincon Venture Partners.

To enter, companies are invited to submit a 3-minute video pitching their start-up, which will be posted on the event’s website to collect votes until Nov. 11. The top 30 videos receiving the most votes will be invited to the Survivor 7 Competition on Nov. 15.

At the event, to be held Nov. 15 at Chapman University, the 30 finalists will be whittled down to ten in a fast-pitch competition round, a 30-second pitch in front of the judging panel. The ten semifinalists will then be called upon to present a full three-minute pitch to the judges and the audience, who will vote for the best presentation via digital open ballot. The audience and judges’ panel will determine the top four presentations, as well as the grand prize winning company.

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