2025-01-13
By Mike Calendrillo
The Orlando Magic Venture Challenge, Powered by LEAD is Unlocking Opportunities for Startups in Sports and Health Tech.
At LEAD Venture Corporation, we’re proud to power the Orlando Magic Venture Challenge—a premier platform for startups looking to revolutionize the sports and health tech industries. This challenge provides founders the opportunity to secure investment, build strategic partnerships, and gain unparalleled industry exposure while driving innovation in these dynamic sectors.
Launched in collaboration with the Orlando Magic and the DeVos family, this program reflects their commitment to fostering entrepreneurial growth and embracing transformative technologies. Together, we’ve created a platform where visionary founders can thrive by tackling real-world challenges and reshaping the future of sports and health.
At LEAD, we offer strategic investment alongside mentorship, networking, and industry insights to help participating companies thrive. This initiative isn’t just about funding—it’s about creating lasting impact and driving meaningful change at the intersection of sports, technology, and health.
We’re searching for forward-thinking solutions that unlock new possibilities and address critical challenges in sports and health. Startups demonstrating strong growth potential, scalability, and significant industry impact are the ideal candidates for this challenge.
We seek companies leveraging data, enhancing fan engagement, optimizing performance, or advancing health technologies. Our goal is to support businesses that redefine the future of sports and wellness while delivering tangible value to consumers and industry stakeholders alike.
We welcome startups worldwide in the late pre-seed to seed stages to apply. Applications are open from January 6 to March 5, 2025. Submit your pitch deck at www.orlandomagicventure.com/submit and expect feedback within two weeks. Invitations for the final pitch event will be extended in early March 2025.
A $750,000 investment pool is available, with individual investments ranging from $50,000 to $200,000, funded by the DeVos family and LEAD Venture Corporation. But this challenge offers more than just funding. Selected companies will have the chance to collaborate with the Orlando Magic and its affiliates, providing real-world application and validation of their solutions.
“At LEAD, we believe in more than just investment,” says LEAD Chief Investment Officer Thomas H. Rudy. “We’re here to build meaningful connections and foster collaborations that help companies scale and succeed. Whether it’s through funding or partnerships, our goal is to help you make a lasting impact.”
Mark your calendar for March 26, 2025—that’s when up to six startups will present their innovative solutions at the Kia Center, home of the Orlando Magic. This event offers finalists a chance to present to Orlando Magic executives, LEAD leaders, investors, and industry experts while forming valuable connections.
For more information and to apply, visit www.orlandomagicventure.com.
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