Elevator Pitch Competition Offers Financial Awards

Students with an affinity for business can now submit their ideas for the annual Bulldog B.I.T.E. elevator pitch contest.

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 Truman student, or team of students up to three members, enrolled during the fall semester. Additionally, students enrolled in the fall semester at Moberly Area Community College are eligible to participate. Six teams will be selected to attend a live pitch competition Nov. 14 to present their concept to a panel of judges. Submissions can be made here until 10 p.m. Oct. 25.

In conjunction with Bulldog B.I.T.E., an elevator pitch contest for area high school students will take place the same day. Bulldog Pitch Day is open to any high school student or team of students up to three members. The first round is scheduled for the morning of Nov. 14, with the finals taking place later in the day in the Student Union Building. Submissions can be made here until 10 p.m. Oct. 25.

The top three finalists for Bulldog B.I.T.E. will receive financial awards: first place will receive the Amanda Gioia Excellence in Entrepreneurship Award of $3,000, second place will receive $2,000 and third place will receive $1,000. The top three finalists for Bulldog Pitch Day will also receive financial awards: first place will receive $500, second place will receive $300 and third place will receive $200.