Six finalists have been selected to pitch their business ideas to a group of investors for the first Accelerate Wake Forest. The program is intended to stimulate entrepreneurship and business growth in Wake Forest and was inspired by the successful television show, “Shark Tank.”
“Accelerate Wake Forest has brought together a great group of investors. We are active in the Community, want to encourage economic development, and see this as a way of giving back.” said Deborah Bordeaux, a member of the Investors Panel for the event.
The finalists have been invited to present their business plans in person at a special event hosted by Wake Forest Area Chamber of Commerce and the Rotary Club of Wakefield/Wake Forest. The event is free and open to the public. It will be held at 6 p.m. at Wake Electric, Lower-Level Meeting Room, 100 South Franklin Street on Thursday, May 24.
The Investors will make deals at their discretion. No offer will be made to or solicited from the audience.
After the event, any further details and negotiations between the investor and the entrepreneur to complete the deal will be confidential.
“The finalists represent a wide variety of industries, and are in different stages of their business development,” said Mike Johnson, one of the organizers. “It will be fascinating to see them present their plans to our panel of investors. I encourage anyone who is interested to join us for the evening.”
