Up to 15 nonprofit leaders will be selected to participate in the Fast Pitch program. Applicant organizations must meet the following requirements:
- Nonprofit organization – Applicants must have their designation from the IRS as a 501c3 organization or fiscal sponsorship.
- Location – Nonprofits must be located in and serve the greater Chicagoland area.
- Presenter – Individuals presenting on behalf of their organization must hold the title of executive director, CEO, president, founder or senior development officer (or a comparable role).
- Size –There are no restrictions on size, budget or age of the organization.
- Cost – There is no fee to participate in the program or for finalists who present at the event.
- Alumni – Organizations that have applied for the Fast Pitch program in the past, but were not selected to participate, may reapply. Organizations that have pitched in a prior SVP Fast Pitch final showcase event will not be considered. Prior applicants for SVP’s investment cycles may apply, except that past or current SVP investees will not be considered.
Applications are rated based on:
- Social Issue – Explain the social issue the organization is trying to impact, the people affected by their work and why the issue and outcomes are important.
- Organization and Programs – Articulate what the organization does and how it does it, including the impact on the social issue.
- Innovation – Include novel concepts and/or existing ideas applied in a new way with emphasis on why the approach leads to more dramatic long-term results than other models or practices.
- Potential for Significant Societal Impact – Make the case for how the organization addresses the root of the problem rather than only the symptoms, including metrics to assess long-term outcomes, not just outputs or activities. Preference will be given to organizations that can demonstrate that progress has been made toward goals.