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11|20|2009 04:00 pm EDT

DomainFest Introduces Two Pitch Opportunities for Entrepreneurs

by Frank Michlick in Categories: Events

DOMAINFest Global 2010, which will be held by in Santa Monica from January 26-28th, 2009,  in  has just announced the addition of PITCHfest and LAUNCHfest.

PITCHfest allows five pre-selected finalists to make 5 minute presentations of their new products ideas to the audience and a panel of judges. While the audience will be able to select their favorite by voting via text-messages, the winner will be picked by the judges.

With LAUNCHfest the pre-selected applicants get to present their vision how to develop one of ten given domain names. Again the winner will be selected on a point based system by a panel of judges and the audience gets to show their choice as well. The winner will be able to lease/purchase his selected domain name and start development on the project. The names in this contest are:

Domain Name options Annual Lease Purchase Price $25,000 $125,000 $25,000 $125,000 $15,000 $75,000 $15,000 $75,000 $10,000 $50,000 $10,000 $50,000 $5,000 $25,000 $5,000 $25,000 $2,000 $10,000 $2,000 $10,000

Editor’s comment:

At the first DOMAINFest GLOBAL, the conference already had a similar event where participants where able to pitch Michael Arrington of TechCrunch fame with a business idea and receive candid 1-on-1 feedback. Peter Ejtel and myself took this amazing opportunity to gather feedback on our then new startup SharedReviews.

Unfortunately it seems that this time the contests are limited to US participants, considering this is DOMAINfest GLOBAL, but most likely this is necessary due to the different contest laws worldwide  ;-)

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