New venture capital firm Juno Capital, an offshoot of talent agency Juno Search Partners, will host a pitch competition early next year to give early-stage startups the chance to join its portfolio and compete for a $10,000 investment.

Cofounders Mikal Harden and Vicki Sack launched the investing arm earlier this fall as a “thank you” to Philly and its business community, as Dylan Foley, the firm’s VP of strategy and third full-time member, told Technical.ly in September.

“They gained a lot from Philly and its business community and see this as their way of giving back and helping others find success,” he said.

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