Local Businesses Get Chance At High-Dollar Investors During Small Business Month

By Community Affairs reporter Cherri Gregg

PHILADELPHIA (CBS) – May is Small Business Month and a local non-profit is giving business owners a shot at high dollar angel investors Saturday in its annual pitch competition.

“It’ll be sort of like a ‘Shark Tank’ experience where they can decide ‘yes’ or ‘no’ to invest in their company,” says Pamela Rich-Wheeler, the executive director of the Business Center for Entrepreneurship and Social Enterprise in Mount Airy.

She says the “Enterprising Woman” Forum and Pitch Competition will give three women entrepreneurs a shot at presenting their business ideas to judges. And the winner gets access to individuals who could invest anywhere from $1,000 to $50,000, or possibly more.

“These are investors that have projects that they’ve already invested in. They’re looking for deals. They’re looking for individuals that have concrete sales and experience and a management team,” says Rich-Wheeler.

The event will also include panelists who will teach business owners how to secure A-list clients and capitol.
The event takes place at DeVry University in Fort Washington.

For more information, visit: www.thebizctr.com.

Top Content On CBSPhilly

More from Cherri Gregg
Comments

More From CBS Philly

DNC Guide
Iconic Philly Foods Guide

Listen Live