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In the video player: Previous coverage. The entrepreneurs represent businesses ranging from food service to fitness to marketing. They are judged on not just a business plan and potential profit margins, but also the story around their business. Pitch Black was created in during the pandemic, as Black-owned businesses struggled to attract financing.
According to the Federal Reserve , Black entrepreneurs are about half as likely to secure full financing as white-owned businesses. In addition to funding, winners also receive support from entrepreneurship organizations across the state.
Ashley La Russa, founder of Pitch Black, says this is only the beginning of the journey for the competitors. As opposed to typical business financing, the prize money has no strings attached and can be used for anything related to the business. The money also comes as a lump sum rather than installments. You can reserve a spot on the event website. Joel has experience working with web, print and video in the tech, finance, nonprofit and the public sectors.
In his off-time, you might catch Joel taking part in Tucson's local comedy scene. Share your story ideas with Joel at joel. Report a typo. Entertainment Things to Do. Actions Facebook Tweet Email.
By: Joel Foster. Copyright Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Sign up for the Headlines Newsletter and receive up to date information.