BizPitch
Your chance to win $2,000+ to develop your new venture or implement your idea.
What: Opportunity to make a 90-second pitch on your new business idea to a panel of entrepreneurs and investors
Why: Cash prizes, feedback from experienced entrepreneurs and investors. Prior participants have gone on to raise capital and launch their BizPitch ideas.
Who: Any undergraduate student currently enrolled at the University of Minnesota
When: November 29 from 12 - 1 PM
Where: Toaster Innovation Hub
Â
Process
- Submit online application: Apply by November 17
- All applicants will receive feedback and advice on developing their idea
- Finalists will be notified of advancement by November 21
- Coaching and assistance available for finalists
- Give your 90-second pitch in front of panel of judges on November 29
Prizes
- $2,000 Grand Prize
- $200 Most Innovative
- $200 Biggest Social Impact
- $200 People’s Choice Award
- Winners will also be provided access to advisory services, courses and competitions to support them in their launch of their business idea.
​​​​​​​
Hints and Tips
What makes a good business pitch? Answer these questions succinctly:
- What is your product or service? Very simply describe what it is you sell/deliver. Be clear, but do not go into excruciating detail.
- What problem do you solve?
- What is the value proposition (what specific benefits will you deliver)?
- Who specifically is your customer? How will you reach them and create awareness?
- What are the customer's current alternatives? Briefly discuss them and how you will be different/better.
- What partners have you identified/secured?
- How will you fund your venture?
- Who will run the company? Tell them a little about you and your team's capabilities and why you can capture this opportunity.
BizPitch Highlights
The Biz Pitch Contest offers University of Minnesota undergrads the opportunity to present a 90-second pitch on their new business ideas to a panel of entrepreneurs and investors. Prior Biz Pitch winner, Carlson School undergrad Yehan Wang, discusses what this means for her new business.
BizPitch 27
Seven University of Minnesota undergrads adapt to the virtual format and pitch their startup ideas to a panel of entrepreneurs and investors in the 27th BizPitch.