PitchFeast provides $55K to Black entrepreneurs

PitchFeast, a transformative competition designed to empower Black and Brown entrepreneurs, held its competition Oct. 10 at the Collaboration Hub in Hamilton County. The night wrapped up with four entrepreneurs receiving thousands of dollars in funding.The Shark Tank-style event provides a platform for ten innovative businesses to showcase their visions to a panel of investors, competing for much-needed startup capital.The top prize is $25,000, alongside additional funding awards of $15,000 and $10,000 for second and third place respectively.Founder and Executive Director of PitchFeast Kendrea J. Williams believes the event went off without a hitch. “PitchFeast is pivotal to the Indiana business landscape because traditional banks often neglect or intentionally disregard Black and brown entrepreneurs who are seeking startup capital,” Williams said in a statement. “Offering easily accessible funding is just one concrete measure Central Indiana can take to support Black and brown founders in launching new and successful businesses in this region.”The top prize was taken home by Lux Beauty Spa. Second place honors went to Sweetie’s Candy Boutique and Emporium. Third place went to T Street Eatz.Additionally, an audience’s choice prize of $5,000 was awarded, reflecting the community’s engagement and support. The Mental Health Spa took home the Audience...