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The Elevator Competition, which was first held in 2000, allows students from schools across the country to test their skills at making the perfect elevator pitch. Each student team is required to perform a two-minute pitch, supply a detailed business plan, and prepare a formal presentation of their business venture.
The event kicks off with a dinner on Friday night in Winston-Salem, NC. Teams are greeted by their respective hosts, register, and have the opportunity to get acquainted. On Saturday morning, the two-minute elevator rides begin. Students with a great business idea must think and act quickly so as to spark further interest in their idea. Pitches should be engaging and to the point, and presenters are often interrupted by judges with questions or comments. WHO? The Elevator Competition seeks bright and innovative entrepreneurs to share their business ideas. Each team may have up to four participants, with at least one participant who must be degree-seeking students currently enrolled in a college or university. Participants can be graduate or undergraduate students in any discipline. Click here to see schools represented in past participation. WHAT?Up to two team members present to venture capitalist judges during a two-minute elevator ride. If you are selected as a finalist, you will then provide a full 20-minute presentation on your business plan. Winners will receive an award of cash and prizes. WHEN?March 26-27, 2010 WHERE?Winston-Salem, North Carolina HOW?Go to Registration for more information. WHY?Read for yourself! See what people have been saying about the Elevator Competition.
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