Utah Entrepreneur and Former SLCC Student Wins National Pitch Competition, Securing a $250,000 Investment & Prestigious Accelerator Spot
Social Good Software founder and SLCC alumnus Rick Hernandez (left) with Jon Beutler, Director of the Mill Entrepreneurship Center at Salt Lake Community College. Rick Hernandez, Founder and CEO of Social Good Software, recently won the highly competitive Morgan Stanley Inclusive & Sustainable Ventures Lab pitch competition, securing $250,000 in exchange for 5% equity—valuing his company at an impressive $5 million. This win not only provides funding to accelerate growth but also positions Morgan Stanley as an investor, significantly increasing the company’s future acquisition potential. Hernandez was one of over 7,000 applicants nationwide—including 250+ from Utah—competing for a place in Morgan Stanley’s six-week, in-house accelerator program in New York. Hernandez was one of two winners selected from Utah. The program offers entrepreneurs of technology-driven startups access to capital, mentorship, and an exclusive network of investors poised to scale high-gro...