Startups Compete for Cash and Investor Interest During Ski Lift Pitch at Taos Ski Valley

Core Insights - The annual Ski Lift Pitch event at Taos Ski Valley featured 10 startups pitching to investors while riding ski lifts, highlighting innovative business solutions and networking opportunities [1] Group 1: Event Overview - The event was hosted by CNM Ingenuity, an economic development arm of Central New Mexico Community College, and included both in-state and out-of-state startup competitions [1] - Each startup had eight minutes to present their business and answer questions from judges during the ski lift ride [1] - This year's event attracted the largest number of investors and venture capitalists in its history, enhancing networking opportunities for participating businesses [1] Group 2: Startup Highlights - Guide Theory, which won the New Mexico competition, focuses on helping seasonal workers achieve financial stability and career growth while providing employers with tools for workforce sustainability [1] - SouthLight Services, the winner of the out-of-state category, specializes in modernizing critical infrastructure by digitally replacing outdated phone lines without rewiring [1] - Both winning startups received a $10,000 prize and valuable networking opportunities to further their business goals [1] Group 3: Future Plans - Guide Theory plans to utilize the funding for brand updates, expanding pilot programs, and reaching more communities [1] - The connections made during the event are considered highly valuable for the startups, potentially leading to future investments and growth [1]