Deadline for Pitch Contest is March 6
This semester, an elevator pitch contest named Bulldog B.I.T.E. could win aspiring entrepreneurs more than just bragging rights as the contest offers a top prize of $3,000.
An elevator pitch outlines the concept or idea for a product, service or project in a short period of time, typically from 30 seconds to three minutes. The length of the pitch mirrors the time spent waiting for and riding an elevator in a high-rise building. The purpose of the pitch is to spur the interest of a potential investor or financial backer.
Bulldog B.I.T.E., which stands for Business Innovation by Truman Entrepreneurs, is open to any student or team of students — up to three members — enrolled during the 2017 spring semester. A student or team may submit only one pitch concept for the contest. Participants may pitch for-profit or not-for-profit concepts.
Students will submit a concept or idea for products, services or solutions to problems facing humanity in a video pitch no longer than two minutes by 11:59 p.m. March 6. The video should not include any props, except the product prototype, and should be one continuous shot. The video submission should include: name of the individual or team members; problem or issue being addressed by the concept; product description; target market; competitive advantage of the concept; value creation; and expected future use of prize money.
Judges will select six finalists to present their pitch to a live panel of judges, April 7. The top three finalists will receive cash awards: the cash prize for first place is $3,000; second place is $2,000; and third place is $1,000. Pitch participants, judges, alumni and audience members are then invited to a networking event following the competition.
The Bulldog B.I.T.E. is sponsored by Villhard Growth Partners and Mastercard. On-campus promotion is provided by the Career Center.
For complete details and entry information, click here.