Five startups will battle it out for $20,000 in cash and prizes and the title of best emerging business at the grand final in Wagga on September 5.

Wagga and Albury's Dimity Brassil is in the running with the business A Lasting Tale, an audio recording app designed to help users capture the life stories of their loved ones in palliative care.

Judy Davie, from Young, will be representing PA2 Health, a digital platform designed to promote fitness, nutrition and mindfulness to users in regional and remote areas.

Dianna Somerville, the founder of Regional Pitchfest, said the other grand finalists include startups focusing on health, organic food and eco-friendly products, the sourcing of natural wild venison meat and a support program for people with chronic pain.

Minister for Jobs Stuart Ayres said these companies are helping shape the future of regional economies.