PITCH ‘08 – CALL FOR APPLICATIONS
Wednesday, 21 May 2008
are now called for NSW Pitch '08, a major event
designed to connect innovative business ventures
with development capital as part of Small Business
September, and the chance to win prizes to the
value of over $60,000.
NSW Pitch '08, to be delivered by the Australian
Small Scale Offerings Board Limited (ASSOB) and
the NSW Department of State of Regional Development
(DSRD), offers businesses and projects the chance
to gain valuable experience and exposure from
pitching a business concept to industry experts
NSW Minister for Small Business, Joe Tripodi,
encouraged innovative businesses in NSW to seek
recognition for their business idea through NSW
"Pitch 08 gives entrepreneurial small business
owners the rare chance to pitch directly to potential
investors," Minister Tripodi said.
"A good idea is nothing without backing.
I encourage any small business owner who is ready
to make their mark to enter this exciting competition."
ASSOB's Managing Director Brookes McTavish said
NSW Pitch '08 will showcase quality projects and
business propositions that need investment capital
to achieve their full potential.
"ASSOB has had great success bridging the
gap between investors and unlisted companies by
providing a single platform where they can assess
and invest in businesses with high-growth potential,"
Ms McTavish said.
"In 2007, 77% of companies with investment
offers listed on ASSOB raised capital within 3
months. NSW Pitch '08 offers entrepreneurs valuable
resources, networks and relationships through
ASSOB and the NSW Government as well as rare exposure
to the investing community," she said.
The winning business will receive a listing on
the Australian Small Scale Offerings Board, valued
at $40,000 (based on an average $500,000 capital
raising), with the runner-up prize valued at $11,000
and the third prize valued at $10,000. A wildcard
prize will be awarded by the Enterprise Workshop
valued at $2000.
All 10 short-listed businesses will receive business
mentoring through ASSOB as well as access to presentation,
pitch training, audio-visual resources and a free
consultation with Davies Colliers Cave to assess
their intellectual property requirements.
NSW Pitch '08 will take place at the Powerhouse
Museum in Sydney on Saturday, 6 September, 2008.
The application deadline is Monday, 7 July, 2008
and applicants and event attendees can register
online at www.pitch08.com.au.
For further information or interview opportunities
P: 02 9904 5624
M: 0402 828 434
NSW Department of State and Regional Development
NSW is Australia's most populous state with the
largest economy, comprising 33 per cent of the
nation's GDP. The Department of State and Regional
Development is the NSW Government's business development
agency. DSRD works with business to strengthen
the State's global competitiveness, promote investment
and job creation and build business capability.
Small Business September is an initiative of the
NSW DSRD. www.smallbiz.nsw.gov.au
The Australian Small Scale Offerings Board Limited
The Australian Small Scale Offerings Board (ASSOB)
provides a platform to assist unlisted companies
to raise capital through the origination, aggregation
and sale of their securities. ASSOB utilises the
fund-raising provisions of the Corporations Act,
2001 and accords its exemptive relief under Class
Order 02/273 of Section 708 to companies listed
on the Board, allowing them to bring their investment
opportunity to the attention of interested investors.
Terms and Conditions
For full competition terms and conditions please
ASSOB / Pitch 08)