Important dates
1871 is hosting a three-round virtual pitch competition, in which Latin-led tech startups will pitch their company for a chance to win a cash prize and equity opportunities from our notable VC partners.
We are excited to hear from Latin tech founders about the businesses you are building and support you [and your business!] with the right funding and resources.
Applications open
8.1.22
Applications close
9.4.22
Semi-finals
9.27.22
Finals
10.13.22
🏆
💰
🎉
Funding & awards
We want to be an early stage advocate and fundraising partner to you! In addition to building valuable connections to the best and brightest business leaders, tech entrepreneurs, and investors.
Participants have a chance to win:
- $50k minimum committed prize money will be awarded at the final event. Prize money will consist of both cash and equity investments from our sponsoring VC partners
- Top 5 finalists will receive free virtual membership to 1871 for 6-months
About LTNtech
Our LTNtech initiative supports Latin entrepreneurs & leaders with regular programming, tailored resources, mentorship, & community designed to help them embrace their unique strengths & break down the barriers they face.
Why?
In 2021, venture capital investors funneled $150 billion to startups but only 2.1% of those funds were distributed to Latin founders. Despite the rapid growth of Latin entrepreneurship, there is a vast and growing funding gap (Source).
This event activates our community of early stage startups, corporate partners, venture capitalists and the wider tech ecosystem. As a collective we aim to deepen the pool of funds that Latin founders can access.
Learn more about our affinity programs under LTNtech Founders here.
Eligibility to enter
- Need to have a deep understanding of the problem they seek to solve and for whom
- Clear definition of their user and key value propositions
- Have developed a highly effective go-to-market strategy and have tested and verified these strategies
- Clear and defined business model that ties into the overall strategy of the business
- Need to show some traction with your business through customers success
- We want to be part of your first foray into fundraising; ideally pre seed to seed
- Applicants are no longer eligible if you have already closed a series A funding round
Breakdown
App phase
Closed screening
9.4.22 - 9.11.22
The applicants are screened and the top 20 are notified if they are to move onto the semi-finals. The competition is open to non-members, across the US. See eligibility before applying.
Semi-finals
Private - Virtual
9.27.22
The top 20 founders will pitch virtually to a panel of business leaders for a chance to win a finalist spot in the next phase. Only the top 5 will advance to our finalist event. This round will be closed to the public.
Finals
Public - Hybrid
10.13.22 | 4:00PM - 7:00PM CST
Top 5 finalists will participate by pitching (hybrid options available) to a panel of judges consisting of business leaders and major VC’s in our network for funding & awards.
**Virtual seats have been closed, but In-Person spots are still open!
Finalist Judges
To be announced soon!
Sponsors
Corporate
Venture Capital
