Apply Now to Pitch at Capital Factory’s Funding Day for a Chance at a $100,000 Investment

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Got a world changing idea?

Then you might want to apply to Capital Factory’s $100,000 pitch competition.

Capital Factory, a high tech accelerator and coworking center in Austin, announced recently that it has gathered together a group of investors to give one startup a $100,000 investment.

“Any tech or consumer startup can apply on AngelList to pitch at our Funding Day on February 24th,” according to a post in Austin Startups on Medium by Capital Factory.

“We want to see Austin entrepreneurs thinking bigger and shooting for the stars. If you’re really trying to change the world, we will help you get started,” Brett Hurt, CEO of data.world and founder of Bazaarvoice, Coremetrics and Hurt Family Investments, said in the post.

“This is the money you need to quit your job and become an entrepreneur,” Joshua Baer, founder of Capital Factory said in the post.

The $100,000 investment is the startup funds to get a team focused full time on building a product. In addition to the money, Capital Factory will provide free rent, free hosting and other perks. They also provide access to an extensive and well-connected mentor netowrk.

“Getting the first check is hard enough as it is — it’s even harder in today’s market if you are female. I’m looking forward to backing more diverse teams with women in key leadership positions,” Jan Ryan, founder of Women@Austin, said in the post.

Apply now, because according to a post by Baer on Twitter, they have already received 100 applications and they plan to meet Wednesday night to decide who gets to pitch on Feb. 24th.

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