ONE of six startup ideas with potential to be the south-west's next success story could win a helping hand if its creator can nail the perfect three-minute pitch.
The ideas include hard surfboard cases, a healthcare app for on-the-job training, podcasts that notify visitors of local sites when driving through towns, custom "pop-up" small houses, energy-efficiency tests for homes and a system to recycle clothing.
The concepts were among more than 40 submitted to The Ideas Place, a state government funded support program for startup ideas from Warrnambool City and surrounding council areas.
A panel of CEOs and business leaders will judge the six ideas on Thursday and each startup will receive $2000 and the winner $10,000.
The Ideas Place go-to guy Gareth Colliton said the startup founders would pitch their ideas in a similar way to popular TV show Shark Tank.
"It is a bit like a movie preview, you have to get your purpose and passion across succinctly and eloquently," Mr Colliton said.
"You're trying to get across just how amazing your thing is but in a very limited time."
He said the judges would also look for a "scalable buinsess" that could use technology to grow.
"All businesses depend on their local communities to get established, but most of them will look at going national or international," Mr Colliton said.
"I do regard the ideas quite equally. Several of the ones that didn't get in I would regard as very good viable businesses as well."
He anticipated a crowd up to 200 people and said audiences gained entrepreneurial ideas and confidence of their own.
The event is at Warrnambool's Fletcher Jones Factory on Thursday from 7pm to 9pm. Free tickets are available online at www.theideasplace.com.au
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