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ROUND 1: Business Pitch Competition
What is a Pitch? Summary of the idea or concept, i.e. the product or service etc.
The objective of the pitch is to present the idea or concept by explaining a product, service, or value proposition in short duration of time (2 minutes) before judges.
The Business pitch must cover the following areas:
I. Product or Service – Briefly describe the product or service.
Ii. Value Proposition – How will the product or service add value for customers?
iii. Target Market – Who will buy the product or service?
Iv. Market Size – How big is the target market?
v. Differentiation – How is the product or service different from competition? What is the competitive advantage? (Patent, Unique services provided, etc.)
Vi. Sales Model – How will the product or service generate sales? (Sale discounts, subscription, advertisement, etc.)
Vii. Sales Estimate – How much you expect to sell in the first year of business?
Time for Presentation:
There are two (2) minutes allocated to each team for pitching an idea or concept. There are three (3) minutes allocated for a Q & A session with the judges.
Last date of Registration: March 14, 2018