Student Elevator Pitch Olympics
First Place Winners 2009 - Team H2Pro
Downloadable Information
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. Just as in the real Olympics, the investor judges hold up their scores and give points ranging from one to ten in the categories of quality of presentation and business fundability.
Who should participate?
ANY Senior Design Team!! - Students seeking to turn Senior Design Project into a business - Students who have started a company - Anyone with a business seeking feedback from experts
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 a judges. If you exceed the 2 minute time frame you will be cut off. Your presentation will be followed by up to 2 minutes Q&A.
Judging Criteria:
Elevator Pitches will be judged on the following:
a) Quality of the elevator pitch
b) Viability of business plan
c) Actual intent to pursue business.
Executive Summary:
One Page Executive Summary MUST include the following:
- Product/Service Description
- Problem Being Solved
- Competitive Advantage
- Business Model
- Target Market |
