Pitch@Palace On Tour Sheffield – Entrepreneur Profiles

AudioTrails

Describe your roadmap to success

Next year we are launching a web version of our native app software. Key to success will be making heritage organisations and tourist attractions aware of this unique new product.

WHAT DO YOU HOPE TO GET OUT OF YOUR INVOLVEMENT IN PITCH@PALACE?

The opportunity to make contact with key decision makers who run heritage sites and tourism attractions across the UK.

GIVE YOUR TOP 3 TIPS FOR ANY STARTUP THAT IS CONSIDERING APPLYING OR HAS APPLIED TO PITCH@PALACE

• Know your speech inside out
• Make sure your ‘ask’ is very clear
• Enjoy and capitalise on the opportunity to network

Drenched

Describe your roadmap to success

We believe that the road to success for Drenched so far has been due to hard work, perseverance and above all else having a good ethical product that can deliver results quickly.

Our business was created for the sole purpose, “to turn loose viable technologies through embracing the basics that positively impact our natural resources”.

A bit about where we came from, our story:

Drenched was created from a chance encounter; our founder stumbled across a TED TV talk from Alex Steffen on the route to a sustainable future, after watching it he was left feeling helpless as a farther that he couldn’t do more for the planet and the strong urge to do something was ignited.

Two weeks later, wise words from our co-founder and lots of fun experiments in the back garden with Wes’s children the dream was realised and the first successful prototype tests were validated.

During those first few weeks in Drenched life we learnt a lot, the key being what we call Basicology.

WHAT DO YOU HOPE TO GET OUT OF YOUR INVOLVEMENT IN PITCH@PALACE?

Our aim is to raise the global profile of our business and more importantly the products we offer. We feel that due to the prestige, reach and link with HRH, The Duke of York/Pitch@Palace is the perfect platform for us to do that.

We also feel that as UK entrepreneurs and inventors it is an honour to be part of such a Great British event.

GIVE YOUR TOP 3 TIPS FOR ANY STARTUP THAT IS CONSIDERING APPLYING OR HAS APPLIED TO PITCH@PALACE

• Do it, don’t think that you or your product isn’t good enough. If you don’t enter you’ll never know just how good it is.
• If you feel that you can’t remember everything you need to pitch, don’t worry. Create some little header cards and use them during the pitch, people don’t mind that you can’t pitch like a seasoned Ted talker, it’s all about passion and what you have to offer.
• If you have been lucky enough to get through to the pitches, network, network, network. There are lots of likeminded people just like you there that might hold the key to unlock the next level for you, don’t miss such a great opportunity.

Mobile Power

Describe your roadmap to success

Phase 1: selling our smart battery systems to NGOs using grant funding

Phase 2: raise £600,000 investment to roll out 100 systems, undergo value engineering process and taking manufacturing process to hit economies of scale.

Phase 3: License the systems to Mobile Network Operators, energy companies or other local entrepreneurs.

WHAT DO YOU HOPE TO GET OUT OF YOUR INVOLVEMENT IN PITCH@PALACE?

Networks, contacts, mentoring and inspiration.

GIVE YOUR TOP 3 TIPS FOR ANY STARTUP THAT IS CONSIDERING APPLYING OR HAS APPLIED TO PITCH@PALACE

• It helps to be pitching something you passionately believe in.
• The key is finding the balance in a pitch between giving enough time to explain the problem and the solution.
• Making eye contact with the audience not looking down or over their heads

OfferMoments

Describe your roadmap to success

At OfferMoments, our journey has not been as smooth as expected. A lot of people didn’t like the idea of a billboard that’s able to know exactly who is walking towards it. After surveying hundreds of people we discovered our target market to be the millennial and Generation Z. That’s the niche consumer segments that really understand, value and truly appreciate the exciting nature of what we’ve built.

WHAT DO YOU HOPE TO GET OUT OF YOUR INVOLVEMENT IN PITCH@PALACE?

We hope to get access to mentors who really understand our marketplace, see the opportunity in what we have built and to help us on our fundraising journey.

GIVE YOUR TOP 3 TIPS FOR ANY STARTUP THAT IS CONSIDERING APPLYING OR HAS APPLIED TO PITCH@PALACE

• Tell a great story
• Practice your pitch
• Ask for what you want!