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Welcome to the The
Lowdown from
DN Journal - your source for notable news
and information from all corners of the global domain name
industry!
The Lowdown
is compiled by DN Journal
Editor & Publisher Ron Jackson. |
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Entrepreneur
With the Best Startup Idea Will
Win Big in Pitch.Tech Competition
Backed By Radix and Startup Grind
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With
well over 1,000
new
gTLDs now available it is very
hard to stand out in the crowd. It
takes a lot of marketing money, persistence
and fresh ideas to break through
the clutter. Radix
has been one of the most consistently
successful registry
operators on that front and the Pitch.tech
competition that is currently
underway, is a great example of
how they keep beating the
odds.
To
help promote their .Tech TLD
(one of nine Radix operates), they
teamed up with the world's biggest
startup community, Startup
Grind, to create a
"pitch competition" for
idea-stage entrepreneurs that
will give the winner $10,000 in
equity-free funding and over
$100,000 in startup benefits
through Startup Grind.
Every
competitor submitted their pitch
on a video, with each video then
hosted on a pitch.tech subdomain -
for example, the link to Arbol's
3-minute pitch for their idea (a
platform that enables low income
students to get financial support
from online sponsors)
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is www.arbol.pitch.tech.
Startup Grind members in over 600 local chapters in more than 125
countries around the globe
view the pitches and vote for their favorites. Chapter level voting ends
today (June 18, 2021) with the top vote getters moving on to the Chapter
Finals next week. The winners from the Chapter Finals (to be announced
June 28) then advance to Grand Finals voting June 29-July 5
that will determine which entrepreneur has the best startup idea.
This
is the kind of win-win initiative that helps everyone grow. .Tech
gets more attention for their industry defining TLD, Startup Grind adds more
members who can benefit from the boundless resources they offer startup
entrepreneurs, and the competition's winners take home cash and valuable resources
that will help turn their great idea into a reality. Everyone that
entered also wins, gaining pitch experience and seeing techniques others
used to move their ideas forward.
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Suman
Das
.Tech Sr. Director of Brand Operations |
Suman
Das, Senior Director of Brand
Operations for .Tech Domains, noted
“This virtual competition provides
an opportunity for idea-stage
entrepreneurs from all backgrounds to
kickstart their startup journey and
get access to resources and visibility
that they need in the
launch-phase."
Derek
Andersen, Co-founder & CEO at
Startup Grind, added, "Startup
Grind’s mission has always been to
help founders, entrepreneurs, and
startups succeed, regardless of
geographic location or socioeconomic
circumstance. We are excited to
partner with .Tech Domains to further
our work supporting the startup
community."
With
this kind of innovative marketing since
.Tech launched in 2015, the TLD has
grown to more than 300,000
registrations and, according to Crunchbase,
some 250 startups operating on .Tech
domains have raised over $4 billion
in funding to date. Those are the
kind of numbers that are hard to
ignore! |
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(Posted
June 18, 2021)
*****
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