Final Pitch showdown - NSW Pitch '08 Announces Winners!

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Last Saturday saw five inventive business ideas pitched against one another to a panel of industry experts and an audience of potential investors at NSW Pitch '08, held at Sydney's Powerhouse Museum.

Co-hosted by NSW Department of State of Regional Development (DSRD) and the Australian Small Scale Offerings Board, the NSW Pitch '08 challenge saw SMS Poll Pty Ltd take out the grand prize for their pitch, followed by Evolution Tankers Pty Ltd and The Invisible Clothesline Pty Ltd, in second and third places respectively.

SMS Poll Pty Ltd is used by educators, public speakers and event planners to gather in-the-moment data, SMS Poll is an innovative mobile voting and live audience polling application that rivals sophisticated Audience Response Systems at one-tenth of the price. Second prize winner, Evolution Tankers Pty Ltd, has developed a new manufacturing technology for the production of a lightweight carbon fiber tanker for bulk liquid transport, called the OMNI Tanker. Third prize winner, The Invisible Clothes Line Pty Ltd, is a new and unique globally patented clothesline design, with many benefits and advantages over existing clothes drying products.

"These businesses represent a very high level of entrants who participated in this year's competition, and we will be following the participants progress in the coming months and years," said Dan Liszka, Managing Director of Alchemy Innovation Development.

Each winner has received access to the Pitch '08 development pathway to fast-track the growth of their business and offer them a competitive edge in the marketplace.

Winner Anil Sabharwal of SMS Poll was delighted with the outcome of this competition, stating, "The Pitch '08 process has enabled us to focus on the strategic side of our business, rather than just the operational side, particularly on our proposition to investors. Pitch '08 has also helped us connect with a broad network of other entrepreneurs, business mentors and investors."

SMS Poll Pty Ltd has won a listing on Australian Small Scale Offerings Board (ASSOB) and corporate multimedia package, valued at $40,000 (based on an average of $500,000 capital raising), while runner-up, Evolution Tankers Pty Ltd won a listing on ASSOB valued at $11,000, and third-place winner, The Invisible Clothesline Pty Ltd, received a listing on ASSOB valued at $10,000. Vision Water Pty Ltd won the wildcard prize, which was awarded by the Enterprise Workshop and is valued at $2000.

NSW Pitch '08 was co-hosted by the Australian Small Scale Offerings Board Limited (ASSOB) and the NSW Department of State of Regional Development (DSRD).

You can view the winning pitches from Pitch '08 at http://www.pitch08.com.au.

Interview opportunities are available with:

  • Anil Sabharwal, SMS Poll Pty Ltd, first prize winner
  • Daniel Rodgers, Evolution Tankers Pty Ltd, second prize winner
  • Wayne Leighton, The Invisible Clothesline Pty Ltd, third prize winner
  • Kate Ingham, Director, NSW Pitch '08
  • Brookes McTavish, Managing Director, Australian Small Scale Offerings Board Limited

For further information, interview opportunities or images of the event please contact:
Kate Ingham
Pitch '08
P: 1300 722 954
M: 0414 321 641
E: kate.ingham @ pitch08.com.au

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Brianna Power

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