Elevator Pitch Night a Success For Local Start-ups

Posted at 10:03 PM, May 14, 2015
and last updated 2015-05-14 22:03:00-04

TALLAHASSEE, Fla. (WTXL)-- 5 start-ups competed at Goodwood Museum and Gardens Thursday night for a chance at a chunk of $25,000 prize. it was all part of the Leon County Research and Development Authority's "2015 Elevator Pitch Night." 

Local start-ups had 5 minutes to present an elevator pitch to a panel of judges and special invited guests. One competing business has a unique service to offer the Capital City.

Maximo Mendoza explained the concept behind "Bicycle Capital."

"Bicycle capital what we're trying to do is bring electric bike sharing system to Tallahassee. And we do it at different levels. We provide services to businesses communities and city wide in general so just to explain bike sharing system is a program where you can rent a bike from racks around the city. There's a membership fee. be able to pick up a bike from any station around town," said Mendoza.

Two businesses were chosen to split the $25,000 grant to help their start-ups gain momentum. The recipients will also receive a scholarship to the Entrepreneurial Excellence Program conducted by the Economic Development Council of Tallahassee-Leon County.