If you were in an elevator with a billionaire and wanted to pitch your next big idea, what would you say?
Brown EP will be accepting submissions for its annual elevator pitch competition between October 3rd and October 6th 2011. All entrants will present at Round 1 on Oct 8, 2011. From these submissions, 10 will be chosen to advance to the final round which will be taking place during Parent’s Weekend, on Saturday October 15th.
Schedule
Round One: Saturday, Oct 8 2011, 10am-12pm in Sayles basement
Round Tw0: Saturday, Oct 15 2011, 10am-11am in Wilson 102
How to Enter:
Submit this form by Thursday (10/6). Email Elizabeth_Weber@brown.edu with any questions or concerns.
https://docs.google.com/a/brown.edu/spreadsheet/viewform?formkey=dEYtN1F1VnpGOXdpa0NpZ2QtRm9vOHc6MQ
Two Tracks for Competition: You will be informed of what track you are in before Saturday, October 8th. The first track is Idea Stage Ventures. These ventures will compete for 1st place ($1000), 2nd place ($500), and 3rd place ($300). The second track is Developing Ventures. This track will encompass fewer ventures. It is attended for businesses that are past the first stage of development and perhaps already have some funding. Businesses in this track will be competing for one cash prize ($1000). The distinction has been made, so that all ventures regardless of phase have a chance to recieve seed funding.
How to Win!
- Opportunity (40%)
- Clear Market Need
- Size of Identified Market
- Stated Competitive Advantage
- Strength of Venture Concept (40%)
- How well it addresses the need
- Explain its feasibility
- Presentation (20%)
- Does not exceed 60 seconds
- Engaging/Persuasive
- Evidence of preparation (No PowerPoint or props of any sort allowed)
