2017 QuickPitch Competition Quick Pitch with a Twist! April 11 & April 13
Registration Deadline Sunday April 2
Engler "Pitch with a new Twist" Competition 2017 Competition STRUCTURE
On Tuesday, April 11th 2017, undergrad UNL students are invited to the Larsen Tractor Test and Power Museum on East Campus to compete in the Engler Quick Pitch Competition preliminary rounds. Students will have the opportunity to showcase their entrepreneurial, communication, and presentation skills through a short “quick pitch” proposal for a new business venture, which they will deliver to a panel of entrepreneurially-minded leaders from the area. 6-8 finalists will be chosen.
Then on Thursday, April 13th, Engler students, parents and competitors are invited to the finals off campus at the Firethorn Resort on 84th and Van Dorn. We'll "pitch" then "party"!!
Your reward for participating:
1. The opportunity to develop your idea for a new business.
2. Invaluable feedback and networking with successful entrepreneurs and University staff.
3. $3,000 in total prize money to be awarded!
Tuesday, April 11th, 2017
Preliminary Rounds: Larsen Tractor Test and Power Museum on East Campus
All competitors check-in at least 15 minutes before their scheduled pitch.
Pitches begin at 2:00 p.m.
Thursday, April 13th, 2017
Finals: Firethorn Country Club Resort at 84th and Van Dorn
Pitches begin at 6:00 p.m. at an outdoor location
Awards and party with food and beverages following at the club!
Students will be divided into two categories: Novice and Experienced for preliminary rounds. We will not divide by underclass and upperclass. Any class can compete in either category based on your previous experience pitching.
- Students will compete against other students in their respective grouping. The number of groups competing will depend on entries. There will be two finalists from each group.
- The finalists in each division will go on to compete in the Finals on Thursday, April 13th.
- Finals are held at the Firethorn Country Club Resort on 84th and Van Dorn.
- Pitching in finals begins at 6:00 p.m. outdoors, weather permitting.
- At conclusion of pitches, awards and a social reception will take place on the deck with food and beverages.
- Total prize money of $3,000 will be allocated!
Approximate Agenda - April 11
First competitors check-in
Welcome & Announcements
Quick Pitch Presentations
Judges Feedback and Finalists announced
Quick Pitch Rules
1. Each student will have two and a half minutes to pitch their idea to a panel of judges; at 30 seconds remaining, a timer will give a signal and then will stop the pitch at 2 ½ minutes.
2. Judges will have three minutes for a question and answer session with the student.
3. Visual aids / props (PowerPoint presentations, posters, displays, etc.) are not permitted.
What is a Quick Pitch?
A Quick Pitch (sometimes known as an elevator pitch) is a 30-second to 2-minute action-oriented description of a business venture designed to:
- Engage the interest of the audience
- Persuade them to participate in the business venture as you see fit (investor, customer, partner, referral source, etc.)
Quick Pitch Boot Camp in Miller Hall 212 (date/time TBD)
If you would like some tips on pitching, a chance to practice your pitch, see examples of good pitches from those who have gone before, this is the session for you! Even if you are not competing this year, but want to see what is involved, come to this brief workshop.
What information should be included in a Quick Pitch?
An effective Quick Pitch should address the following questions:
- What is your product or service?
Briefly describe what it is you sell. Do not go into excruciating detail.
- Who is your market?
Briefly discuss who you are selling the product or service to. What industry is it? How large of a market do they represent?
- Who is behind the company?
"Bet on the jockey, not the horse" is a familiar saying among Investors. Tell them a little about you and your team's background and achievements. If you have a strong advisory board, tell them who they are and what they have accomplished.
- Who is your competition?
Don't have any? Think again. Briefly discuss who they are and what they have accomplished. Successful competition is an advantage; they are proof your business model and/or concept work.
- What is your competitive advantage?
Simply being in an industry with successful competitors is not enough. You need to effectively communicate how your company is different and why you have an advantage over the competition. A better distribution channel? Key partners? Proprietary technology?
- What is your revenue model?
More simply, how do you expect to make money?
How should a Quick Pitch sound?
- It should not sound memorized or robotic, but it should be well-rehearsed.
- You should be excited about what you are pitching! Your audience should be able to hear the passion in your voice.
Presentations will be judged on the competitors’ ability to both address the key components of a start-up business venture, answer the judges’ questions regarding their venture, and present their idea passionately, creatively, clearly, and concisely. Judges will be provided with criteria on which to evaluate the competitors. The finalists of each flight will be determined through a deliberation process and mutual decision by the judges.