For the second year in a row a Winnipeg company has won the Most Promising Startup of the Year Award at the annual National Angel Capital Organization national angel summit.
Portray Advertising, founded by Kyle Boult and Greg Lipschitz, has developed a proprietary transparent cafeteria food tray that allows retailers, brands and organizations to insert relevant communications in the interior creating a whole new venue for mall advertising.
"It’s extremely humbling to be presented with NACO’s Most Promising Startup of the Year Award. NACO put together an incredible group of startups and we are just honoured to be apart of it," said Boult. "The entrepreneurial experience has had so many ups and downs for us we are really going to try to savour this moment for awhile."
The Winnipeg-based company competed against 15 other startups for the award after a day of pitching and a final five-pitch competition. The judging panel was made up of angel investors and venture capitalists.
"We have met a lot of people at the National Angel Summit who can take Portray Advertising to the next level. The amount of networking we have been able to do in the last two days is staggering," said Lipschitz.
Last year the Winnipeg company, Permission Click won the same award. Since then that company, which has developed a digital permission slip and payment collection system for schools, has grown dramatically and has rolled its service out to a growing number of schools across Canada and the U.S.