Attention Tech Startups in Sacramento: Apply Now for the Capitalize: Technology Competition
Are you a tech startup based in the Sacramento area looking for a chance to showcase your innovation and gain valuable exposure? Look no further! The Sacramento Kings have opened applications for the tenth annual Capitalize: Technology competition, the NBA’s first crowdsourced startup contest. This year’s event, presented in collaboration with Reviver, Fidium Fiber, and the City of Sacramento’s Office of Innovation and Economic Development, promises to be a game-changer for local tech entrepreneurs.
Who Can Apply?
If you are a tech startup located within a 70-mile radius of the Golden 1 Center, you are eligible to apply for the Capitalize: Technology competition. This geographical focus aims to tap into the rich talent pool in the Sacramento region and showcase the technological prowess that the area has to offer. Don’t miss this opportunity to take your business to the next level – apply now!
What’s at Stake?
Participants in the competition have the chance to win a $10,000 prize to help advance their business ventures. But the rewards go beyond just the monetary aspect. Winners will also receive mentorship from top executives, investors, and industry leaders, providing invaluable guidance and support for their startup journey. This competition is not just about winning; it’s about building lasting connections and gaining valuable insights from seasoned professionals.
Key Dates and Events
The Capitalize: Technology competition follows a structured timeline, starting with the application phase that opened on January 21 and closing on February 7. The process includes Pitch Coaching Sessions and the crucial Pitch Day at the Golden 1 Center, leading up to fan voting during a high-profile NBA game on April 9, where the winner will be announced live. Mark your calendars for these key dates:
– February 7: Application period closes
– March 12: Pitch Day for the selection of the top four companies
– April 9: Winner announced during the Kings vs. Denver Nuggets game
The Impact of Capitalize on Local Startups
For the past decade, the Capitalize competition has put Sacramento on the map as a thriving hub for technological innovation. Previous winners like Strived.io and JAPA have shown the competition’s ability to accelerate the growth and visibility of local tech companies on a national and global scale. By participating in Capitalize, startups not only receive financial support but also gain critical networking opportunities that can shape the future of their businesses.
How to Apply
If you’re ready to take your tech startup to new heights, visit Kings.com/Capitalize to submit your application and learn more about the competition. The deadline for entries is February 7 at 11:59 p.m. PT, so act fast to seize this unique opportunity and showcase your innovation to the world.
Wrap-Up
As the Capitalize: Technology competition celebrates its tenth year, the focus remains on nurturing the innovative spirit of Sacramento’s tech community. This event not only highlights the city’s dedication to technological advancement but also provides a platform for startups to thrive and contribute to the region’s economic development. Join the competition and be part of the tech revolution in Sacramento!
Conclusion
The Capitalize: Technology competition offers tech startups in Sacramento a unique opportunity to gain exposure, mentorship, and financial support to propel their businesses forward. By participating in this event, entrepreneurs can connect with industry leaders, investors, and fellow innovators, setting the stage for future success in the competitive tech landscape.
Frequently Asked Questions
1. How can I apply for the Capitalize: Technology competition?
To apply for the competition, visit Kings.com/Capitalize and submit your application before the deadline on February 7.
2. What are the eligibility criteria for participating in the competition?
Tech startups within a 70-mile radius of the Golden 1 Center are eligible to apply for the Capitalize: Technology competition.
3. What are the key dates to remember for the competition?
Important dates include the application deadline on February 7, Pitch Day on March 12, and the winner announcement on April 9 during the Kings vs. Denver Nuggets game.
4. What are the benefits of participating in the competition?
Participants have the opportunity to win a $10,000 prize, receive mentorship from industry experts, and showcase their innovations to a wider audience.
5. How has the Capitalize competition impacted local startups in Sacramento?
The competition has positioned Sacramento as a hub for technological innovation, providing startups with valuable support, networking opportunities, and visibility on a national and global scale.
6. Can previous winners participate in the competition again?
Yes, previous winners can participate in the Capitalize: Technology competition to further advance their business ventures and connect with industry leaders.
7. Who are the partners for this year’s competition?
The competition is presented in collaboration with Reviver, Fidium Fiber, and the City of Sacramento’s Office of Innovation and Economic Development.
8. What sets the Capitalize competition apart from other startup contests?
The Capitalize: Technology competition is the NBA’s first crowdsourced startup contest, offering unique opportunities for tech startups in the Sacramento region to showcase their innovations.
9. How can participating in the competition help startups grow their businesses?
By winning the competition, startups can gain exposure, funding, mentorship, and valuable connections that can accelerate their growth and success in the tech industry.
10. What should startups focus on when preparing their applications for the Capitalize competition?
Startups should highlight their unique value proposition, market potential, team expertise, and scalability to stand out and impress the judges during the selection process.
Tags: Sacramento Kings, Capitalize: Technology competition, tech startups, innovation, entrepreneurship, Sacramento, NBA, startup contest, Reviver, Fidium Fiber, City of Sacramento, Golden 1 Center, technology, networking, innovation ecosystem.
