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Tech

Shortlist revealed for 拢1m business pitch competition

One to Win has chosen four West Midlands tech firms to be in with a chance to win £1m

From left: Yiannis Maos from TechWM, Fred Soneya from Haatch, Kimberley Leary from TechWM, Steve Rigby from Rigby Group, Rupert Lyle from Midven and Scott Weavers-Wright from Haatch

The shortlist has been revealed in a new business pitching competition in which the winner will take home £1m worth of investment.

Four companies have been named as finalists in the ‘One to Win' competition ahead of the pitch day next Wednesday as part of Birmingham Tech Week.

One to Win is being run by regional business body TechWM and is backed by investors and other figures from the tech sector.

The finalists are Birmingham-based ChangeMaker3D which aims to help industries such as construction become greener and OneUp Sales, also based in Birmingham, which is a sales performance management platform.

Coventry-based Skyfarer is a drone and aerial technology company which is aiming to boost aerial logistics and finally Inicio Ai, also Coventry based, is a fintech start-up that works to simplify the process of capturing detailed income and expenditure information.

Yiannis Maos, chief of TechWM which organises Birmingham Tech Week, said: "One to Win is going to be one of the highlights of Birmingham Tech Week and the four businesses shortlisted are testament to the great tech landscape we have here in the West Midlands.

"The £1 million invested in this competition's prize pot will now be going to a business that we can only see do groundbreaking innovation and we are excited to see whoever wins what they can utilise with this once-in-a-lifetime opportunity."