The Sacramento Kings are now welcoming applications for the tenth annual installment of their pioneering event, the Capitalize: Technology competition. This marks a significant milestone as the NBA’s first-ever crowdsourced startup contest, fostering innovation right in the heart of Sacramento. This year, the competition is presented in collaboration with Reviver, Fidium Fiber, and the City of Sacramento’s Office of Innovation and Economic Development.
Who Can Apply?
Eligibility for the contest extends to tech startups situated within a 70-mile radius of the Golden 1 Center. This geographical scope is designed to harness the local talent pool, ensuring that the innovations and businesses developed are a testament to the region’s growing technological prowess. Interested? Apply here.
What’s at Stake?
Participants in the Capitalize: Technology competition stand to gain invaluable exposure and professional guidance, with the ultimate chance to secure a $10,000 prize aimed at advancing their business ventures. But more than just a monetary reward, the contest offers mentorship from top-tier executives, investors, and industry leaders, making it a coveted opportunity for any burgeoning tech company.
Key Dates and Events
The competition follows a structured timeline beginning with the application phase which opened on January 21 and will close on February 7. Post-application, noteworthy dates include Pitch Coaching Sessions and the critical Pitch Day at the Golden 1 Center, culminating in fan voting during a high-profile NBA game on April 9, where the winner will be announced live.
- February 7: Application period closes
- March 12: Pitch Day for the selection of the top four companies
- April 9: Winner announced during the Kings vs. Denver Nuggets game
The Impact of Capitalize on Local Startups
Over the past decade, the Capitalize competition has positioned Sacramento as a vibrant hub for technological innovation, offering startups not only financial support but also critical networking opportunities. Previous winners like Strived.io and JAPA are testaments to the competition’s role in accelerating the growth and visibility of local tech companies on both a national and global stage.
How to Apply
Interested startups are encouraged to visit Kings.com/Capitalize to submit their applications and learn more about the competition specifics. The deadline for entries is February 7 at 11:59 p.m. PT, making it imperative for interested parties to act promptly to take advantage of this unique opportunity.
Wrap-Up
As we celebrate the tenth year of the Capitalize: Technology competition, the focus remains steadfast on elevating the innovative spirit of Sacramento’s tech community. This competition not only highlights the city’s commitment to technological advancement but also provides a platform for startups to launch and expand, contributing to the broader economic development of the region.
Interested in learning about more events happening in the Greater Sacramento region? Check our event listings!
