Applications are now OPEN for the 6th Annual UTC College of Business Elevator Pitch Competition!
The annual Elevator Pitch Competition provides inspiration, capital support, and practical guidance to students who have an idea for a new business. (Think "Shark Tank" for students.) The competition is open to ALL current UTC students (both undergraduate and graduate) from any major.
The competition will have two tracks targeted at two unique types of entrepreneurship: (1) traditional ventures and (2) social ventures (organizations that address social problems using business). If your idea is focused on creating a conventional business, like Google or Amazon, apply to the traditional ventures track. If your idea is focused on solving a societal problem (ex. homeless, hunger, lack of access to clean water) choose the social ventures track. Prizes will be awarded to the first three places in each track.
The on-campus Pitch Competition will be held in March 2018, but applicants are REQUIRED to attend one of the following workshops during the fall semester to participate in the competition. Pizza will be served at each workshop and attendance records will be kept.
Workshop 1: Wednesday 9/27/17 from 12:00 to 1:00 p.m. in Fletcher Hall Room 310
Workshop 2: Wednesday 10/11/17 from 12:00 to 1:00 p.m. in Fletcher Hall Room 310
Workshop 3: Thursday 11/9/17 from 12:15 to 1:20 p.m. in UC Raccoon Mountain Room
As of November 9, 2017 the Pitch Application has closed.
If you have questions, please contact Mrs. Perryman at 423-425-5726 or via email at Laura-Perryman@utc.edu
*PITCH APPLICATION DEADLINE: NOVEMBER 8, 2017*
The Elevator Pitch Competition will take place on Wednesday, March 28, 2018
3:30 to 5:00 PM, Fletcher Hall 114
Additional Elevator Pitch Workshop Details
Each Elevator Pitch Workshop will serve three purposes, to help pitchers: (1) learn about the pitch process, (2) get specific feedback on their business and social venture ideas, and (3) connect to the larger community of student entrepreneurs on campus and in the UTC Collegiate Entrepreneurs Organization (CEO). To accomplish these purposes, the workshops will be structured as follows:
To be successful, both conventional and social ventures must identify a novel way to create a value for society by providing a new product or service that can be sold for a profit. So the first pitch workshop will focus exactly on this process--identifying (and strengthening) your business model.
Once you have identified and refined your business model, you can begin to perfect how you communicate about your business to resource providers, including investors (...like in a pitch competition!) So the second pitch workshop will focus on best practices for pitching and communicating about your venture.
TBD (but will most likely include an opportunity to practice pitching your venture idea).
First Place Prize: $1,000
- Second Place Prize: $500
- Third Place Prize: $250
- Each winner will receive free registration to Co.Starters Workshop or Co.Starters for Causes Workshop held locally. (Co.Starters is a nine-week program that equips aspiring entrepreneurs with the insights, relationships, and tools needed to turn business ideas into action and turn a passion into a sustainable and thriving business. Co.Starters for Causes is a nine-week program that helps individuals put ideas into action, turning a passion for bettering the community into a sustainable and thriving endeavor.)
- Winners will receive free mentoring provided through local businesses
Video examples from previous Pitch Competitions:
The 2017-18 Elevator Pitch Competition is sponsored by:
The Clarence E. Harris Chair of Excellence in Business and Entrepreneurship