The first semifinal round of the Vinetta Project’s $20,000 pitch challenge, held Tuesday night at Social Tables, had a woman’s touch. Which is to say it was beautifully organized. ?
Guests mingled in the open events space, snacking on Naked Pizza and a range of pink macaroons that found their color match in the Social Tables elevator lobby.
The panel of judges, once seated, offered insight into their work and top pieces of (general) advice for entrepreneurs. Our personal favorite came from Penny Lee, the chair of K Street Capital:
Things entrepreneurs can do to improve their pitches: practice (!) and cut the jargon. -Penny Lee @KStCapital. #VinettaProjectDC
— Technical.ly DC (@TechnicallyDC) March 29, 2016
Pro tip: “Cut the jargon” is one of our favorite pieces of advice to give startups looking to tell their stories to journalists, too.
And all this before the main event. Lily Cua of Aspire, Hulya Aksu of ListenPort and Alex McManus of Eyrus all delivered streamline pitches for their vastly diverse products, and the panelists followed up with questions and tips, ideas for additional information to include or highlight.
Ultimately, Alex McManus came out on top.
Last but certainly not least – Alex McManus from Eyrus. #VinettaProjectDC pic.twitter.com/XzaUXPogGB
— Technical.ly DC (@TechnicallyDC) March 30, 2016
Eyrus aims to increase transparency on construction sites, allowing managers to save money by accurately tracking the labor resources (or, in other words, human workers) that are on site at any one time. At the moment this is done with punch cards and clipboards — Eyrus ups the game with real-time data enabled by RFID tags.
McManus now has until September to perfect her pitch for the finals. Panelist (and Social Tables CEO) Dan Berger’s parting piece of advice? Eyrus clearly saves people money, which is a great start, but customers like to be told they can make money with a product too — see if you can identify how Eyrus can be used to make money. It’ll be interesting to see whether, and how, McManus incorporates this feedback into her presentation in September.
In the mean time, the Vinetta Project will host two more semifinal nights — the next is scheduled for May 24, back at Social Tables.
Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
3 ways to support our work:- Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
- Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
- Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
