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 5 from 12 - 1 PM
Where: Toaster Innovation Hub
Process
- Submit online application: Apply by March 27
- All applicants will receive feedback and advice on developing their idea
- Finalists will be notified of advancement by March 29
- Coaching and assistance available for finalists on March 31
- Give your 90-second pitch in front of panel of judges on April 5
Prizes
- $1,000 Grand Prize
- $100 Most Innovative
- $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.
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.