WHEELING - West Liberty University's Center for Entrepreneurship will host the Entrepreneurs Pitch Contest from 6 p.m. to 8 p.m. Thursday at the new Intellectual Capitol, 1413 Eoff Street, in the historic First State Capitol Building.
Intellectual Capitol is the first downtown Wheeling business incubator and is the result of a partnership between West Liberty University and Wheeling Academy of Law and Science.
"It will be an exciting event where local and new entrepreneurs will be pitching their business ideas in order to earn start-up funding," explained WLU professor Carrie White. The first WLU Pitch Contest was held last spring. "We are pleased to have this event right in the heart of downtown Wheeling and look forward to hearing from many new businesses and entrepreneurs."
Intellectual Capitol's mission is to incubate WLU graduates and mentor them with their business goals, ultimately launching them into self-sustaining local businesses.
Additionally, the incubator assists with technology and office needs, business planning, funding sources, locating clients and general business startup.
The Pitch Contest is geared toward all local entrepreneurs and small business owners. Participants get five minutes to explain their ideas to the audience, which includes potential investors for funding. The audience then bids on its favorite project. The winner takes home the total bid from the audience and a special cash award provided by sponsors.
Sponsors include WLU's Gary E. West College of Business and Center for Entrepreneurship, the Regional Economic Development Partnership and Vision Shared, Huntington.