One minute, one slide... $1,500!
During the fall term, entry applications are submitted no later than Saturday, October 15, 2011 at 5:00pm. The number of entries this year is capped at 125, so enter early! Entrants will make an elevator pitch about their business ideas to a panel of judges on Saturday, October 29, 2011, in Miriam Hall, room 119 (the O'Leary Auditorium). Pitches last a maximum of one minute and entrants are limited to ONE PowerPoint slide that must be submitted to competition director (Diane Sullivan, sullivan@udayton.edu) via email no later than Saturday, October 22, 2011 at 5:00pm. Slides should be saved as a JPEG file (.jpg) prior to emailing it to the competition director. Only one person from an entry needs to be present at the elevator pitch stage of the competition.
Elevator pitch presenters may NOT…
· Bring additional slides
· Use equipment or computers other than what is provided by the Competition
· Set up additional props or materials
The ten best elevator pitches will win the following prize monies:
1st place: $1,500
2nd place: $1,000
3rd place: $ 500
4th place: $ 500
5th -10th place: $ 250 each
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Five minutes, five slides, $1,000
After the elevator pitch stage concludes, the panel of judges will select 15 entries for participation in the cameo round, to be held Saturday, November 19, 2011 at noon. All entries advancing to the cameo round, are guaranteed $1,000, provided they adhere to all cameo round team expectations as described in the rules.
The 15 entrants advancing to the cameo round must submit a 5-page write up about their business and participants must present up to a five minute presentation about their business to the cameo round judges on Saturday, November 19, 2011. In addition to the five-minute presentation, cameo round judges are allowed up to five minutes to ask questions of participants following their presentation. At the five-minute presentation, cameo round participants are allowed a maximum of five PowerPoint slides and they may use props as appropriate. The five-page write up and five PowerPoint slides must be submitted to competition director (Diane Sullivan, sullivan@udayton.edu) via email no later than Saturday, November 5, 2011 at 5:00pm.
During the cameo round presentation, teams may choose to have just a single presenter, or they may have the entire team present. Unlike the elevator pitch round, we assume an equal split of prize monies among all team members, unless there is a written agreement (signed by all team members) stating otherwise. Each member will get no less than 10% of the prize winnings. After the cameo round the judges will select five finalists (as well as up to two alternates) to advance to the finalist stage of the competition.
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First prize: $25,000
Once named, the five finalist teams will be guaranteed a minimum of $5,000, if the team adheres to all finalist team expectations as described in the rules -- including the completion of status reports, business plan submissions, PowerPoint slide submissions, and presentations delivered by the respective due dates (see www.udbpc.com). The finalist round will occur late in the Winter Semester, 2012. Teams can use as many slides as they want--but they only have 20 minutes to present their business plan to the finalist round judges. After the 20 minutes are up, judges may ask questions.
All team members are expected to be present for the finalist round, although not all are required to speak during the presentation. Each team at the finalist round stage must include either a current UD student (undergraduate or graduate), or an Alumni from UD. Each team member is guaranteed at least a minimum of 10% of the winning prize package for their team. We assume an equal split among all team members, unless there is a written agreement (signed by all team members) stating otherwise.
The finalist teams will win the following prize monies based on the finalist round judge's final rankings:
1st place: $25,000
2nd place: $15,000
3rd place: $10,000
4th place: $5,000
5th place: $5,000