Austin Fast Start - CPG Application
BACKGROUND
The Austin Fast Start is a partnership between the City of Austin's Economic Development Department and the Austin Young Chamber. Austin Fast Start is a reoccurring pitch competition focused on various economic development priorities including: CPG (January 2020), Internet of Things / Smart Cities (June 2020), and STEM (September 2020).

QUALIFICATIONS
This cycle's applications are open to Austin based startups whose work fits the scope of Consumer Packaged Goods. Businesses must be: (1) headquartered within Austin city limits, (2) in the pre-seed/early revenue stage, and (3) less than two years old.

ABOUT CONSUMER PACKAGED GOODS
Consumer packaged goods (CPG) are items used daily by consumers that require routine replacement or replenishment. Products may be food, beverage, apparel, jewelry, toys, tools, or anything you could imagine being sold at your favorite brick-and-mortar or online retailer.

DEADLINE
Applications for Consumer Packaged Goods will close at 11:59pm on Sunday, November 24, 2019.

SCORING
All applications will be scored by judges from across the community with diverse backgrounds and skills related to startups, business, investments, and mobility.

FINALIST NOTIFICATION
The top four scored applications will be selected as Finalists and invited to participate on pitch day. Finalists will be notified no later than December 10, 2019.

PITCH DAY
The four Finalists will pitch their business to the audience at the Austin Fast Start event on January 9, 2020 from 5:30 - 7:00pm at the H-E-B & Favor Eastside Tech Hub.

PRESENTATION
Each Finalist will have five minutes to pitch the audience on the value of their product or service by either presenting a slide show presentation or giving a live demonstration of the product. Five to eight minutes of questions and answers from the judges and audience will follow.

WINNER
The winner of the Austin Fast Start will be chosen by a combination of judges scores and audience vote.

PRIZE
Winners will receive an on the spot cash prize of $2,500 plus $4,000+ in additional in-kind prizes including:

- One Year Corporate Membership to the Austin Young Chamber
- Three months free rent at Capital Factory
- Marketing Startup Package from HoneyComb Creative ( includes Brand audit, 1 hr consultation, personalized recommendations)
- Three-series business classes from the City of Austin Small Business Program
- Global Round Up Ticket from 3 Day Startup
- Automatic Inclusion in Naturally Austin Expo Hall - March 26
- More prizes to come!

*PLEASE NOTE* :
This application will need to be completed and submitted in one sitting. There is not an option to save and return to your application. To assist you in preparing your answers, you can find a link to all application questions here: http://bit.ly/AustinFastStartCPG


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