CAPITALIZE, the NBA’s first crowdsourced startup competition, offers local entrepreneurs a chance to gain publicity, receive mentorship and secure funding for their business.
Now in in its seventh year, CAPITALIZE, in partnership with the City of Sacramento’s Sacramento Urban Technology Lab, Dialpad and 3STEPS4WARD, extends an opportunity for innovators to showcase new products and services on the NBA’s global stage.
“The City is proud to support CAPITALIZE, which has successfully spotlighted many local entrepreneurs in Sacramento,” said City of Sacramento Assistant City Manager Michael Jasso. “This is a great opportunity for local startups and entrepreneurs to showcase their ideas and receive mentorship.”
Startups and entrepreneurs located within 75 miles of Sacramento are eligible to apply. Applications for this year’s contest are open and close Feb. 25. Fans can vote on social media for their favorite of the final four contestants starting March 21.
The winner will be announced on April 3 and awarded a $10,000 cash prize toward the development of their startup, three years of access to Dialpad communication services and six months of free marketing services from 3STEPS4WARD.
In addition, a prize of $3,000 and $1,500 will be awarded to the second place and third place companies, respectively.
Those interested in applying and learning more about CAPITLIZE can find more information on the Sacramento King’s website.