In New York's competitive venture climate, entrepreneurs often lack the business connections and brand awareness to get the attention of potential funders, and at the same time many investors don't have a pipeline into early-stage technology and Internet companies. The Hatchery provides a unique funnel for innovators to interact with a wide range of investors, present their plans, receive expert feedback, bring in strong leadership, and pave the way for them to receive angel and institutional funding. At the heart of The Hatchery's model is the Gauntlet, an interactive process that gives entrepreneurs 7 minutes to present their business models to a range of investors, followed by panel and audience Q&A/critique. Think of it as "American Idol meets Venture Capital."
WHAT ARE WE LOOKING FOR? - Great early stage businesses who would like this priceless expert feedback and looking to meet investors.
Are You Serious: - 5 minutes to present your concept to the panel. 5 minutes of grilling to see if the concept holds. - To submit to present: firstname.lastname@example.org