While many entrepreneurs spend weeks (if not months) writing and editing their business plans, at the end of the day, more often than not the entrepreneur will have just a few minutes to present their idea to potential funders, partners, or customers. This is your pitch (often called elevator pitch).
Pace University in NY is holding its fifth annual Pace University Pitch Contest on December 4th. The deadline to enter is Nov. 21. Interestingly, there are two divisions — The New Business Concept category and the Social Venture Category. Check out the contest’s site.
The event is being presented in association with the Wilson Center for Social Entrepreneurship and the MIT Enterprise Forum of NY. It will take place in the 750 seat Schimmel Center on Pace’s campus in downtown Manhattan.
From our friend’s at Pace:
The basic format is that ten contestants, five in the New Business Concept category and five in the Social Venture category, will each have three minutes to make his/her pitch and may use up to 5 PowerPoint®slides. The format of the event is as follows:
5:00 – 5:30 Registration, Reception and Book Signing
5:30 – 6:00 Introductions and Keynote Speaker
6:00 – 6:45 Ten Finalists make their Pitch (5 commercial and 5 social)
6:45 – 7:00 Break (Judges select the winning pitches in private)
7:00– 7:30 Judging Panel Discussion and Critique
7:30 – 7:45 Awards Ceremony
BTW, the Keynote speaker Gurbaksh Chahal, a very successful Silicon Valley entrepreneur who is now an author and might become a TV star. I will post more on G (as he is known) next week.