Student Elevator Pitch Competition & Project Plan Competition
Elevator Pitch Olympics
Project Plan Olympics
What is an Elevator Pitch?
What is a Project Plan 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.
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?
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
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 & 1 year co-working membership for the team at Mission50.
2st Prize - $ 2,000
3st Prize - $ 1,000
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.
Elevator Pitches will be judged on the following:
Quality of the elevator pitch/project pitch
Competitive (Business ) Advantage
Viability of business plan/innovation elements
Typical Timeline & Application Procedure
The elevator pitch & project plan pitch competition has been integrated with senior design for those students taking TG 403/404 and those students do not have to come to the information session or submit a separate executive summary. The following information sessions are for senior design students, not enrolled in TG 403/404 and for undergraduate students preparing to pitch their business ideas.
February 2015 Information Session March 2015 Information Session April 3, 2015 - Executive Summary Due
Executive Summary - Elevator Pitch
Executive Summary - Project Plan Pitch
One Page Executive Summary MUST include the following:
Team Members (include which team member will be presenting).
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
April 21, 2015- 3pm to 5pm Preliminary Elevator Pitch Competition April 23, 2015- 3pm to 5pm Preliminary Project Plan Pitch Competition April 29, 2015- 9:30am to 11am Elevator Pitch/Project Plan Final Competition at Stevens Innovation Expo
Any questions regarding the competition should be addressed to: Sandra Furnbach, Programs Manager Office of Innovation and Entrepreneurship [email protected] 201.216.8186
See the 2014 Competition
Project Plan Pitch Competition Winners 1st Prize – POWER
2nd Prize – iAgua
3rd Prize – Interactive Flood Wall
Elevator Pitch Competition Winners 1st Prize – VEHSHI
2nd Prize tie – Hummingbird-First Response Disaster Assessment