The competition, themed Stand Up, Stand Out, Go Up, is open to Purdue students and faculty, as well as entrepreneurs from the Purdue Research Parks in West Lafayette and across the state. An awards ceremony will follow.
The contest, organized by Purdue’s Certificate in Entrepreneurship and Innovation Program, gives each participant two minutes to describe a business venture to judges. Three minutes will be allotted for follow-up questions, said Nathalie Duval-Couetil, director of Purdue’s certificate program and associate director of the Burton Morgan Center.
“A solid, well-crafted pitch about the promise of your business can make a difference when trying to attract the attention of customers and funders, particularly during tough economic times,” she said. “In one to two minutes, the pitch should describe your product or service, your market, your competitive advantage, how you plan to make money, and why someone should invest in you or your team.”
There are two divisions: one for undergraduate students; and one for faculty, graduate students or entrepreneurs from Purdue Research Park companies. Winners in each category will receive prizes of $1,000 for first place, $500 for second and $250 for third. All participants will receive T-shirts for the event.
Full story: Purdue’s Elevator Pitch Competition Open to Students, Entrepreneurs – GreatNews.Life
