Defy’s investment in its EITs includes seed
financing to launch their businesses and
opportunities to tap into Defy’s extensive
private sector network for guidance, contacts
and other supports.
Business Plan Competitions
EITs hone their sales and presentation chops by competing in three business plan competitions during the Academy:
- Fast Pitch Competition: EITs pitch their business ideas for critical feedback from successful business executives, entrepreneurs, and investors (occurs approximately four months into the Academy; capital is not allocated)
- Capital Call Competition: Offers EITs an opportunity to earn up to $2,500 in proof of concept seed grants to launch their businesses
- The Big Stakes Challenge: Offers EITs an opportunity to earn up to $5,000 in proof of concept seed grants to launch their businesses.