The Elevator Pitch Competition affords all students the
opportunity to pitch their new venture ideas to a panel of judges, offering
cash prizes in two categories: commercial enterprise and social enterprise.
The “elevator” pitch is a frequently used term, which literally
means “tell me about your new venture within the time it would take to ride up
an elevator.” The goal of the Elevator Pitch Competition is to teach students
to communicate effectively and allow their charisma and their venture’s
positive characteristics to shine through in just a short pitch. The Elevator
Pitch Competition demonstrates the networking and presentation skills essential
to any entrepreneur or business professional. Ideas for the competition may be
at any stage of development from creation of concepts or ideas to an
established venture.