Four early-stage companies based in Central Florida hope to land some cash at a Rollins College business competition.
Rollins’ Venture Plan Competition has whittled a field of 60 down to four finalists who will compete for the top prize March 30.
Business plan competitions have grown recently, as member-based groups such as Young Professionals Organization launch them alongside those offered by schools and business groups.
Selected companies will have three minutes to pitch their business to a panel of technology startup veterans and investors, followed by five minutes of QA. The event will begin with a panel discussion on the successes and challenges of raising capital in Central Florida.
Katie Hohman, whose physical therapy tech firm Heno is one of the final four companies, says she entered the competition because it could help gain exposure and potentially meet people who could help her business.
In addition, she said, the cash will help her small company.
“As with most startups, we need the money,” she said. “We need the money to grow our sales and marketing and be able to (grow) quicker.”
The four finalists, which are all based in Orlando:
- Capacitech: An energy storage company.
- FleetZoo: fleet management tech company.
- Thor ORE: Mineral extraction startup.
- Heno: Physical-therapy technology.
Hohman said she also has an interest in entering one of the local programs being offered as
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