Our fast pitch won us a great prize!
Following a rigorous and well-attended competition, Goodwill Central Texas was selected as a winner in the 4th Annual Philanthropitch competition and awarded over $28,000 in funding!
Philanthropitch, held at the Zach Theatre on May 2, is a social impact fast-pitch competition that provides high-potential nonprofits and social enterprises with access to human and financial capital. Founded in 2013 in Austin, Philanthropitch has awarded over $500,000 in funding as well as coaching, exposure and access to the Mission Capital Accelerator Program to 30 mission-driven organizations.
During the event, Matt Williams, Vice President of Education for Goodwill Central Texas, spoke about the need for funding and expansion of The Goodwill Career and Technical Academy (GCTA). Program participants who earn certifications through their training with the GCTA boost their starting wage, on average, of $14-$17/hour, compared with individuals who do not have a certification or training, who earn an average of around $10/hr.
Watch Matt Williams’ pitch:
Goodwill walked away with $25,500, which included the second place Audience Choice Award and $3,000 for being accepted into Mission Capital Accelerator, a five-month program designed to fast-track the growth and impact of nonprofits in Greater Austin. Accelerator participants engage in group classes and receive one-on-one guidance from nonprofit consultants and some of Austin’s most successful business leaders and social entrepreneurs. This unique opportunity brings high-value resources to a select group of nonprofits each year, and we’re looking forward to participating!
Upon completing the program, participants will have created a business growth plan with a powerful case for funding. Participants may also gain access to creative forms of capital, including $3,000 from Mission Capital for completing the program and an opportunity to pitch for continued investment upon graduation.
“Philanthropitch was a great opportunity – and beyond the normal rewards of financial investment, our evening gave evidence of full buy-in from the community on how we are expanding the GCTA,” said Matt.
Jerry Davis, President and CEO of Goodwill Central Texas, added: “We’re not only honored to win this evening, but we’re excited to share our educational initiatives with a much broader audience in Austin, who will then continue to share our vision of empowering 100,000 Central Texans to transform their lives through work.”
For more about the event, read the Austin American-Statesman’s recap:
Philanthropitch is a nonprofit program of the Notley Fund, an organization that is finding, and investing in, innovative solutions to old problems.
Philanthropitch drives change in local communities by:
- Providing social innovators with the tools they need to take their model to the next level
- Giving forward-thinking leaders the platform to express their visions
- Awarding funds to accelerate those visions
- Creating networks and connections to help these visions come to life
- Educating local communities on how to support impactful initiatives
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