RELENTLESS: Proud Sponsor of the 2022 ANGELCON Pitch Competition
Apr 25, 2022
Cal Poly’s Center for Innovation and Entrepreneurship (CIE) Small Business Development Center (SBDC) hosted six brilliant tech-driven startups in a pitch competition on April 21 to win $100,000+ in equity-backed funding.
2022’s fund ultimately raised a total of $205,000 and chose to invest in two startups. AcreCloud was awarded $135,000 in equity investment as the winner of AngelCon 2022. The runner up, Novocuff, also received an investment totaling $70,000. Learn more about AngelCon 2022 here.
AngelCon is a culminating event that brings together Central California tech-based startups who receive training and mentorship through the SBDC and dedicated angel investors who participate in the evaluation, due diligence, and selection process of AngelCon applicants leading up to the live event. Participating startups are seeking investment in exchange for ownership equity or convertible debt to help grow their businesses.
This annual event is propelled by a dedicated group of angel investors interested in investing in early-stage startups in exchange for ownership equity or convertible debt. These investors have strong involvement in the evaluation, due diligence, and selection process of AngelCon applicants leading up to the live event.