BizPitch Contest

Your chance to win $1,000 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:  April 6 from 12 - 1 PM

Where: Toaster Innovation Hub

Process

APPLY HERE

• Submit online application: Apply by March 28
• All applicants will receive feedback and advice on developing their idea
• Finalists will be notified of advancement by March 31
• Coaching and assistance available for finalists
• Give your 90-second pitch in front of panel of judges on April 6

Prizes

• $1,000 Grand Prize
• $100 Most Creative
• $100 Biggest Social Impact
• $100 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.