Canadian Innovation on an International Scene: Pitch@Palace
May 7, 2019 (McGill University). The Duke of York founded Pitch@Palace back in 2014 with a mission to amplify and accelerate the work of entrepreneurs. Over the years, the program has extended internationally and now boasts a total of 851 entrepreneurs scattered across 61 countries, generating over £900M+ of economic activity with 3669 jobs created in the process [pitchatpalace.com]. Needless to say this project has had a massive impact helping entrepreneurs get in touch with the right investors, networks, business partners, access to distribution and supply chains, mentors and even potential customers.
The program held its Canadian 1.0 debut this year and entrepreneurs from Halifax, Regina, Waterloo, Vancouver, White Horse, Montreal and Toronto got a chance to pitch their idea before the esteemed judges and an engaged audience. Korbit was selected as one of the top 20 startups to pitch at the event in Montreal. The pitches took place on May 7, 2019 and lasted only 3 minutes (try fitting a compressed 30m pitch in 3 minutes). In case a participant went over the allotted time limit, a bugler would get up and play a short song on his trumpet. The audience actually experienced this warning a couple of times and some participants even tried to talk over the glorious but rather loud signal. Canada’s former Governor General David Johnston kicked things off with an inspiring speech about Canadian entrepreneurship and BMO’s Filip Papich, Co-Head BMO Capital Markets-Quebec, highlighted the importance of investing in innovation before handing the floor to the pitches.
Iulian (CEO) and Mihai (CMO) of Korbit attended the event and were thrilled to meet many fellow innovative startups and investors. The winners that got to move to the next round (the Toronto Finals) were Proof, NERv, iinjec Technologies, OSCP Motion Sensing.
Korbit would like to thank the Duke of York, the Rideau Hall Foundation and Pitch at Palace for organizing such a valuable event. We’ll see you next year!