Overview
- The Small Business Administration will hold the Million Dollar Pitch Competition in Washington, D.C., on Sept. 18 with Nicki Minaj, Grant Cardone and Joe Gebbia serving as judges and Dean Cain as host.
- Five national finalists — Compotech, Winton Machine, Plas‑Tech Tooling, Red River and VetPowered — will pitch for a $1 million prize pool with awards ranging from $400,000 for first place to $75,000 for fifth.
- The agency says the $1 million cash prizes are being privately funded by Clover Network rather than paid directly from taxpayer accounts.
- Coverage describes the format as similar to Shark Tank and President Trump’s The Apprentice, a comparison sharpened by the presence of high‑profile Trump supporters on the panel and an administration official among the judges.
- The SBA says the finale will be broadcast and streamed, a move that could broaden exposure for the finalists while intensifying media scrutiny of the administration’s use of entertainment‑style events for public policy promotion.