Fearing the pandemic may be deterring entrepreneurs from founding companies, the regional tech accelerator Propel has announced a new pitch contest that will award $10,000 in cash to a pre-revenue startup.
The Startup Summer Showdown’s winning company will also receive in-kind services that Propel said in a statement are worth about $40,000. These include coaching services, free advertising and free legal services from LaBarge Weinstein LLP.
Half of the cash prize will be provided by Innovacorp and half by the New Brunswick Innovation Foundation.
Startups will submit a video pitch and a