The Brink's San Diego Angel Conference Featured in San Diego Union Tribune

Thursday, October 31, 2019TOPICS: Conferences and WorkshopsInnovation and Entrepreneurship

San Diego Angel Conference created by The Brink Small Business Development Center at the University of San Diego

The San Diego Angel Conference (SDAC) aims to build the San Diego ecosystem by connecting accredited investors and entrepreneurs. It began last year as an initiative by The Brink Small Business Development Center at the University of San Diego and was spearheaded by its director, Mysty Rusk.

Looking for Angel Investors? New San Diego Conference Awards Big Money to Startups

San Diego has a new startup event that’s making a splash in the local tech scene, generating notable cash for entrepreneurs after only one year in business.

The San Diego Angel Conference debuted last year as a way to connect entrepreneurs with individuals who could help fund their business ideas. The conference culminates in a pitch event during which top applicants compete on stage for a cash prize.

Startup pitch events are nothing special — the popularity of the SharkTank-style events has made them commonplace in business communities — but this new angel conference is awarding its winners an unusually large sum of cash.

For context, San Diego’s most well-known annual pitch event for startups is the John G. Watson Quick Pitch (which coincidentally takes place tonight at Qualcomm Hall). That event awards a total of $75,000 to its winners. But the new San Diego Angel Conference is pledging to invest at least six-figures in their winning startup, promising a minimum of $200,000 and a cap of $1 million. That makes it the biggest pitch competition (by dollar amount) in the city.

“Our first San Diego Angel Conference was an unqualified success,” said Mysty Rusk, the founder of the conference. “We hoped to raise $200,000 and fund one company. In the end, we raised $535,000 and funded three companies.”
 
Rusk is perhaps better known as the head of University of San Diego’s Innovation Center, where she leads startup accelerator The Brink. Rusk added that 93 startups participated in last year’s event, collectively raised more than $18 million in the past six months. Last year’s winner, Aquacycle, went on to raise a $4 million seed round in July...

Contact:

Renata Ramirez
renataramirez@sandiego.edu
(619) 260-4658