Bio Bean, founded by Arthur Kay, turns used coffee beans into fuel. The business beat out 45 competitors in a day of intense pitching. For 12 hours, businesses made cases to a panel of experts in Bristol, as 46 were reduced to five in the final.
By delivering the perfect second pitch, Kay has already secured unbeatable business support including mentoring from judge and founder of Crowdmission.com, Karen Darby.
“The Pitch Live was phenomenal,” said Dan Martin, editor of BusinessZone.co.uk and founder of The Pitch, “it was our best event by far and the entrepreneurial energy in the room was massive!”
But, the most exciting moments of The Pitch 2013 could still be to come. Throughout the day of pitching, investing sitting on funds totalling £275,000 watched with eagle eyes for brilliant opportunities. Now, Bio Bean and six other businesses are on the verge of receiving a game changing investment.
Ben Heald of Sift, Gonzalo Trujillo of Heron Capital Partners and Nick Wray and Martin Bowles of Horatio Investments watched every pitch and chose seven entrepreneurs they are interested in supporting. Talks begin now to work out where the funds will go, but the future of Bio Bean or any number of the businesses could be permanently improved thanks to The Pitch 2013.