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Spotlight on Early Stage Companies in Philadelphia

Pitch Event for Area Entrepreneurs to Be Hosted by TiE Philadelphia and the Philadelphia Alliance for Capital and Technologies (PACT)

ADVISORY, May 16, 2017 (GLOBE NEWSWIRE) --

WHO: TiE Philadelphia and PACT will host a pitch event to bring together local entrepreneurs, advisors and investors. Judges include:                                                                              
 
  - Robert Ciaruffoli, president of the World Meeting of Families  
  - Michael Derose, managing director at Element Partners  
  - Gail Ball, founder and managing partner of Chestnut Street Ventures  
 
WHAT:

TiE Philadelphia and PACT are hosting an event for promising early stage companies who are currently raising capital to pitch to a panel of angel investors. The event offers local entrepreneurs an opportunity to display innovative products and services to experienced industry leaders.  
 
WHEN: Monday, May 22, 2017  
 
  6:00 p.m.  
 
WHERE: Comcast Center  
  1701 John F. Kennedy Boulevard  
  Philadelphia, PA 19103  
 
WHY:


The Greater Philadelphia Area dropped two spots in the 2016 edition of the Kauffman Index of Startup Activity. With a rate of only 0.22 percent of new entrepreneurs, the region needs to find ways to encourage entrepreneurs to pursue their startup aspirations. TiE Philadelphia and PACT have organized a pitch event to help local entrepreneurs find investors and raise additional capital. This will be the second pitch event hosted by the two groups this year, as they continue providing a platform for budding local entrepreneurs.
 
  TiE is a not-for-profit organization focused on fostering entrepreneurship across generations. PACT provides members with content and connections to capital, coaching and customers to accelerate growth.  
 
CONTACT: If you are interested in attending, please RSVP to John Reynolds at (610) 228-0730 or john.reynolds@buchananpr.com