TThe 2020 Live Elevator Pitch Competition for the best “Collegiate Pitch in the Valley” is sponsored by these community banks:
Pitch Contest:
Students with a unique business or product idea pitch the idea in 90 seconds in front of a live audience for prize money!
The contest takes place at the annual Grinspoon Entrepreneurship Banquet at the Log Cabin in Holyoke, MA. The Pitch Judges and sponsors are community bankers who are accustomed to making decisions regarding new business ventures.
Selection of Contestants:
Each college has their own internal competition to select the student who will represent them at the live event.
Pitch Contest Rules:
- The Pitches are unique business ideas which must be doable and marketable
- Each contestant has 90 seconds to present their idea in front of the bank judges and Banquet attendees
- Participants can use a 3x5 note card but are not allowed to use technology or props
Judging Criteria:
Judges will choose the winners - 40% on presentation and 60% on feasibility and creativity of the idea.
Prizes:
Bank Judges choose 3 winners who will receive $750. All contestants will receive $100 for participating.