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

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:

  • 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 26, 2014 Information Session – EAS-222 3:00 PM - 5:00 PM
March 26, 2014 Information Session
April 4, 2014 - 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).
  • 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
Download Example Executive Summaries :
2013 Competition Elevator Pitch
TechLaunch Pad 2 Executive Summaries
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?)
Download Example Executive Summaries :
2013 Competition Project Plan
TechLaunch Pad 2 Executive Summaries

April 22, 2014 - Preliminary Competition Elevator Pitch Competition
April 24, 2014 – Preliminary Competition Project Plan Pitch Competition
April 30, 2014 - 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
sfurnbac@stevens.edu 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

2nd Prize tie – Simplified Landfill Solutions

 

 

See the 2013 competition

Project Plan Pitch Competition Winers
1st Prize – Grey Water Treatment

2nd Prize – EcoHabit

3rd Prize – Coast

Elevator Pitch Competition Winers
1st Prize – AcceleroMetrix

2nd Prize – Nevros

3rd Prize – AquaNow