Present your big idea in Washburn's new business pitch competition. The competition is open to all undergraduates. Students may compete alone or in teams of up to four. You and your team could win up to $6,000 in cash and prizes to start your new business venture.
In conjunction with the introduction of the Entrepreneurship & Innovation major in Washburn's School of Business, and with the support of GoTopeka, the idea pitch competition encourages students to explore and express their business ideas in a friendly and encouraging environment.
1st: $6,000 total prizes ($1,000 + $2,500 expenses + $2,500 prof. services)
2nd: $4,000 total prizes ($500 + $1,500 expenses + $2,000 prof. services)
3rd: $2,000 total prizes ($250 + $500 expenses + $1,000 prof. services)
4th - 6th Place: $100/team
The winning team will also have the opportunity to participate as Washburn' entry in the prestigious Network of International Business Schools (NIBS) Business Plan Competition next spring.
Students are challenged to develop and deliver an effective, professional business pitch that presents an innovation marketable business concept. It should be a creative, compelling, and concise summary of a proposal, new, or recently launched product or service.
During the Knockout Round participants will have a maximum of 300 seconds to verbally pitch ideas to a panel of judges and get feedback.
The top six teams/individuals will qualify for the Final Round. Teams will be required to expand on their ideas from the Knockout Round and include more detail on their proposed venture, and present their idea to a panel of judges from the local community. Before the pitches begin, you will be provided with the same assessment form which judges will use to evaluate each pitch in order to provide a clear understanding of how your idea will be judged.
The Washburn School of Business and the Washburn Univeristy Kansas Small Business Development Center will provide free classes to help you develop your plan and prepare your pitch. Successful plans will usually cover:
Each pitch is judged for the quality of the presentation and its overall potential. Before the pitch begins, you will be provided with the same assessment form which judges use to evaluate each pitch in order to provide a clear understanding of how your idea will be judged. Generally, pitches are evaluated using the following criteria:
If you have an idea but would like to have other students as part of a team, contact Dr. David Price, Assistant Professor, in the Washburn School of Business.