Northern Territory pitch event hosted with ‘seed funding’ for winner
Paspalis Enterprises Pty Ltd as the trustee for Paspalis Enterprise Trust and trading as Darwin Innovation Hub conducted the Northern Territory’s first ever Croc Pitch for Northern Territory (NT) entrepreneurs and start-ups in October 2018. Following the success of Croc Pitch 2018, Darwin Innovation Hub and will be running Croc Pitch again in 2019.
On 8 October 2019, innovators will have the chance to pitch their idea for a change to win $150,000 in funding which includes a $50,000 NT Government Business Innovation Supports Initiatives grant.
To register to attend Croc Pitch 2019, go to the October Business Month website.
Croc Pitch 2018
Over the course of the day around 30 entrepreneurs, start-ups and SMEs pitched their innovation and business ideas, but it was Darwin based business SolFlow who came out on top.
SolFlow specialise in the development of Solar PV Direct technology, products and solutions for home and business. SolFlow’s technology draws upon solar power when the sun is shining, then transitions to mains power when it’s cloudy or at night saving you money off your energy bill.
The $100,000 first prize, which includes a $50,000 Northern Territory Government Business Innovation Supports Initiatives grant will go towards development of their pool pump system, which includes an inbuilt chlorinator and automatic backwash system controlled by an app.
Keith, Director of Solflow will now go on to pitch his idea at StartCons National Pitch Competition for a chance at a $1 million investment.
Second place was awarded to Amy Page with Belly Bunker, an inflatable pregnancy bed with a belly hole which embraces pregnant mother and protects the baby.
Third place was awarded to Mobi a ride sharing app that will allow people heading in the same direction the ability to connect with each other.
Ecosystem partners:
- Darwin Innovation Hub
- Department of Trade, Business and Innovation
- Industry.