The national Melamoon pitch contest is offering Black founders the chance to win $200,000 in prizes, mentorship, and national exposure.

Melamoon is a national opportunity for Black founders who are ready to scale, Halifax-based Tribe Network, a support group for founders who identify as Black, Indigenous or People of Colour, said in its newsletter.

Backed by FACE Coalition and Black Ambition, Melamoon is an upcoming two-day event in Toronto. Judges will select 50 founders to participate in virtual workshops, exposure to investors and mentors and opportunities to pitch for non-dilutive cash prizes.

The event will take place September 26 to 27 at Toronto's Globe and Mail Centre.

Applications are open until August 15.