Will only one company receive the $1M?
No. We expect to invest in multiple companies, typically between $100K and $500K each.
How many finalists will there be?
We anticipate selecting 5–10 finalists.
Can nonprofits apply?
Catalyst invests in for-profit businesses. While we value the important work of nonprofits, this opportunity is only open to for-profit ventures.
What is the structure of the investments?
Catalyst provides equity investments, not grants. The specific deal terms will depend on the stage and needs of each company, but we use a straightforward approach designed to be founder-friendly and aligned with early-stage best practices.
Will Catalyst provide support after investing?
Yes. In addition to capital, Catalyst aims to connect founders with mentorship and strategic guidance from experienced entrepreneurs and investors. While we do not provide back-office services (e.g., accounting, marketing, sales), we can help connect founders with trusted providers in our network.
How are applicants evaluated?
An expert panel of investors and business leaders will evaluate the creativity and viability of the idea, along with the quality of the leadership team.
What types of companies is Catalyst looking for?
Any for-profit business based in Berkeley, Charleston, or Dorchester Counties is eligible to apply.
What is the investment process after the event?
Following the pitch event, we will conduct expedited due diligence, which includes verifying information, running background checks, and finalizing investment terms.
What should be included in our video pitch?
Introduce yourself, explain why you started your business, and provide a high-level overview of what you do. If possible, include a short product demo (around 30 seconds) so we can see your work in action.