New Business Venture Competition Day

2021 Competition Date - TBD

All events are held on the second floor of the Northern Center.

4:00-4:45           Trade fair display set-up - PENINSULA I (finalists and assistants only)

4:45-5:45           Trade fair and business plan presentations - PENINSULA I 
                            (open to the public)

5:45-6:15           Rehearsal - PENINSULA II (finalists and judges only)

6:15-7:00           Reception - PENINSULA I (open to the public)

7:00-8:00           "The Big Pitch" - Pitch presentations to the judges - PENINSULA II (open to
                             the public) WINNERS ANNOUNCED

  • Refreshments will be available throughout the day for participants.
  • All contestants must be present.
  • Trade fair, reception and The Big Pitch are open to the community.

Trade Fair Presentation

  • Each individual and team contestant will be provided with a six-foot table in the Founders Room to display prototypes, artifacts and information materials and flyers relating to the product/service the contestants are proposing in their new ventures.
  • Members of the team or the individual (in case of individual contestant) must be present at their designated tables to describe their displays and answer questions.  All contestants should be versed in the venture to be able to explain it succinctly.
  • The Trade Fair is a public event.
  • Individual tables will be judged for a prize for the Best Trade Fair display.  Thus, the products or services should be presented in a professional, attractive and informative way.

Business Plan Presentation Guidelines

  • During the trade fair, each team will make an oral presentation of their Business Plan to the competition judges.  The presentation will occur at the trade fair booth of the contestant. Note that the judges will already have a copy of the written Business Plan.
  • All contestants must be present at the presentation.
  • A maximum of 10 minutes for presentation and 10 minutes to answer questions from the judges will be available to each team or individual contestant.
  • The presentations are open to all, including other competitors, students, faculty, staff and visitors to campus.
  • There are three prizes – first, second, and third.  The prizes are awarded considering both the written and oral components of the Business Plan.

"The Big Pitch" - Five-Minute Pitch Presentation

  • One member of each team, and in the case of an individual contestant that individual, will make a presentation to the panel of judges and to an audience in the Northern Center Ballroom I.  The 5-Minute Pitch Presentation should begin with a short (around one minute) video introduction. The order of the presentations will be selected randomly.
  • The pitch is an oral presentation made without interruption for five minutes, and will be followed by five minutes of questions from the judges.
  • The pitch, while demonstrating communication skills, describes the business proposal succinctly and persuasively so that the judges, if they were actual venture capitalists, would be eager to fund it.
  • There is a prize for the best Five-Minute Pitch Presentation.

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