Thursday, May 17, 2012
At the annual Prepaid 2012 to be held mid-June in London, a new innovators' showcase called the Prepaid Dragons' Den will allow companies to pitch prepaid card products and programs to judges and event participants. Conference organizer Clarion Events Ltd. said three or four companies will be chosen to pitch solutions to European program managers, retailers, transport operators, local government authorities, banks, mobile network operators, corporations and gambling operators.
The showcase is based on the British reality television show Dragons' Den, where entrepreneurs pitch inventions to a panel of judges known as Dragons. Viewers of the show participate in the judging process. In The Prepaid Dragons' Den, companies will be given 10 minutes each to deliver pitches, followed by 10-minute question and answer sessions. After the pitches and Q&As are complete, industry expert Dragons and expo participants will vote on the showcase winner.
"Though there is no cash prize or guaranteed funding for the winner, previous contestants at our sister events have gone on to receive investment from buyers and venture capitalists present at the event," Clarion Events said.
Toronto-based virtual travel card provider UseMyServices Inc. said it had been chosen for the showcase. Prepaid 2012 will take place June 12 through 14 at the Park Plaza Victoria hotel in central London.
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