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Stevens Institute of Technology

Student Elevator Pitch Olympics & Project Plan Olympics

*NEW* Two Categories this year!

$12,000 in prize money!

Watch the winning teams deliver the perfect pitch : 2010 Videos



First Place Winners 2009 - Team H2Pro

Elevator Pitch Olympics

*NEW* Project Plan Olympics

What is an Elevator Pitch?

An elevator pitch is a short presentation made by an entrepreneur raising money for a venture.  The term describes a pitch that?s short enough that it could be given during an elevator ride when the entrepreneur has the only chance to talk with a potential investor.

What is a Project Plan Pitch?

A project plan pitch is a short presentation made to persuade potential clients to select your project design over the competition.  Similar to an elevator pitch, it is a pitch short enough to persuade your boss or potential client to want to learn more about your project.

Who should participate?

- Students seeking to turn Senior Design Project into a business

- Undergraduate Students who have started a company or interesting in starting one

Who should participate?

- ANY Senior Design Team from all disciplines!!

Prizes: $6,000 in total cash prizes!

Three winners will be named from each category

- 1st Prize -  $ 3,000

- 2st Prize -  $ 2,000

- 3st Prize -  $ 1,000

Prizes: $6,000 in total cash prizes!

Three winners will be named from each category

- 1st Prize -  $ 3,000

- 2nd Prize - $ 2,000

- 3rd Prize -  $ 1,000

Competition Format:

Each participant will have 2 minutes to make their pitch to a panel of judges. If you exceed the 2 minute time frame you will be cut off. Your presentation may be followed by up with 2 minutes Q&A.

Judging Criteria:

Elevator Pitches will be judged on the following:

a) Quality of the elevator pitch

b) Competitive Business Advantage

c) Viability of business plan

Judging Criteria:

Elevator Pitches will be judged on the following:

a) Quality of the project plan pitch

b) Competitive Advantage

c) Innovative Elements

Timeline & Application Procedure:

All Senior Design Teams can be considered for the Elevator Pitch Olympics as well as undergraduate students who are interested in or who have started a business. 

February 14, 2012 - Formal Information Session

Carnegie Hall 315,  5:00 pm - 6:00 pm, Pizza Provided for those that RSVP

March 9, 2012 - Executive Summary Due / Intent to Participate

To be considered in this competition, please furnish an executive summary to the Office of Academic Entrepreneurship, sandra.furnbach@stevens.edu

Executive Summary - Elevator Pitch:

One Page Executive Summary MUST include the following:

- Team Members (include which team member will be presenting).

- Product/Service Description

- Problem Being Solved

- Competitive Advantage (Why you are better than competitors, lighter, faster, stronger, cheaper, more features? etc.)

- Business Model (How you make money!)

- Target Market (Who buys this and how much would they pay for it

Executive Summary - Project Plan Pitch:

One Page Executive Summary MUST include the following:

- Team Members (include which team member will be presenting). 

- Project/Service/Competition Description

- Problem Being Solved

- Competitive Advantage (Why you are better than competitors, lighter, faster, stronger, cheaper, more features? etc.)

- Innovative Elements (How you are differentiated!)

- Societal Impact (Is this green or sustainable?)

March 28, 2012 - Preliminary Competition

Edwin A. Stevens Room 222  12:15pm until 3:00pm

Top 10 Pitchers/ Pitch Teams will be selected to Participate in Coaching Session/ and to Pitch at Research & Entrepreneurship Day 

Mid April 2012  - Elevator Pitch Coaching/Practice Sessions if needed  

Wednesday, April 25, 2012 Research & Entrepreneurship Day - Elevator Pitch Competition  

 

2011 Timeline

Research & Entrepreneurship Day 2011

2010 Finalists

2010 Videos

For more information, please contact:

Ms. Sandra Furnbach

Coordinator of Academic Entrepreneurship Initiatives


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