The event was the first of its kind in this city and created by the Mercy Research and Development team.
The event is called Spin66, short for Springfield Innovation and Route 66.
The goal is connecting entrepreneurs and investors to help grow their new business ideas.
Matthew Douglas is pitching his idea for a new app, called Wondr.
It's a shopping application he said will connect the real world with online retailers.
"If you're at the coffee shop and you see someone with an awesome purse or shoes that you want you could actually buy it from your application," he said.
He has the idea.
Now he needs investors and marketers.
That's where the Spin66 Pitch Pit comes into play.
Douglas is pitching his business and getting feedback from other Springfield business professionals.
"I didn't realize that there was such a community in Springfield of passionate entrepreneurs who are doing new and innovative things," he said.
Keela Davis and the Mercy R&D team created this event as a place to network.
"We create we design and test and patent medical devices," she said, "We look to partner with local entrepreneurs to be able to actually produce and sell those products."
Davis said new events like this one are part of a major movement in this city.
"We've got all of the right assets, all the right puzzle pieces to build an excellent entrepreneurial community," she said.
The attendance at the first ever Spin66 Summit was twice what Davis expected.
And she hopes that means big things for small business in Springfield.
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