Charleston’s Good Done Great came out on top at DIG SOUTH 2016’s Wild Pitch, where twelve of the hottest startups in the South battled for cash and prizes in the world’s first live, crowd-funded pitch competition. The winning startup provides people and corporations the tools they need to manage all donations they give. They beat out tough competition from startups: NannyPod, Cloudtags, Infina Connect HealthCare Systems, Treely, PhishLabs, Preclose, Thrive GPO, Reveal Mobile, Recovr, Ceterus, and Gimme.
Chief Visionary Earl Bridges, who presented for Good Done Great, says they won over $6,000—a little over $1,000 from ChargeUp a Startup, where DIG attendees contributed directly to the startups via text as part of a crowd-funding effort made possible by last year’s Wild Pitch winner Bidr.co, $2,500 as the judges’ pick and $2,500 as “People’s Choice.”
All twelve early to growth stage startups were given three minutes to talk about their accomplishments and goals before answering two minutes of judges questions.
The judges were asked to assess each startup using the following criteria:
1. Clarity of Idea: What’s your idea and is it original?
2. Problem Identification: What problem are you solving?
3. Market Size and Accessibility: Who else has this problem?
4. Solution Quality: How will/do you solve the problem?
5. Assessment of competition: How does your customer currently solve this problem?
6. Revenue Model: How are you going to make money?
7. Market Strategy: How are you going to find customers?
8. Team: Who are you and why should we care about the company?
9. Vision: Where will you go from here?
After the companies gave their pitches, the speakers were sent to another room so judges Kristina Montague, Managing Partner at the JumpFund, Sig Mosley, of Mosley Ventures, and Michael Cain, Co-Chair of the Angel Resource Institute could deliberate in front of the audience.
Cloudtags, Infina Connect, Gimme, and Recovr each got one vote when the judges were asked the crowd who their two favorites were, while Good Done Great achieved two votes.
The judges said they were impressed by what the startup has already accomplished. Good Done Great has processed over $500,000 for over 28,000 charities worldwide, and is getting ready to launch a mobile app this month.
The Scholarship System, a program for students and families wanting to learn how to pay for college without taking out student loans, reigned supreme at DIG’s Cohort 5 pitch, where members of the Harbor Entrepreneur Center’s Accelerator program also battled for best startup in front of a live audience.
Watch video of The Scholarship System founder Jocelyn Paonita:
StockAid, an inventory forecasting solution for small businesses, and Wavve, a social audio platform that gives community leaders and fans a platform to connect with one another through voice sharing, were runners up in the competition.