Have an idea for a business that you’d like to pursue? Think you can pitch it in three minutes or less? Would you like to win money to help turn your idea into a reality? If so, the YCP Elevator Pitch Competition is for you!
Q: What is an Elevator Pitch? A short explanation of an innovative idea for an enterprise or venture.
A: Creating an effective Elevator Pitch addressing the three key factors -- What is the problem? How do you solve it? What do you need to make it happen? -- is a great way for student entrepreneurs to vet their business ideas quickly and effectively. The 2012 YCP Student Elevator Pitch Competition will again place students and their ideas in front of a qualified panel of judges made up of entrepreneurs, investors and people who can help make it happen. In addition to judging the competition, the panel will give immediate feedback on the ideas and presentations. Think of "the pitch" as the first step towards creating the business of your dreams -- and if you're successful pitching it, we will help you complete the idea and further assist you in creating your new venture. Cash prizes will be awarded to the winning pitches!
The Pitch Competition is open to ALL York College Students. Registration is now OPEN for the Fall 2012 Competition!
Once registered, participants will be invited to record and upload their pitches, in three minutes or less, via webcam through an online service known as InterviewStream. The top 10 participants will then be invited to pitch in real time to our panel of judges on Nov. 28 at 3 p.m.
To determine the winners, participants will be assessed on the following critieria: (1) Innovativeness (2) potential commercial impact (3) effectiveness of presentation.
The top three will also be invited to use dedicated work space in the Business Incubator at the J.D. Brown Center for the duration of the spring semester (and beyond, if qualified). They will be afforded all of the same benefits as any incubator client company in order to better refine their business idea to make it a reality!
2011 3rd Place winner, Computer Science major Chris Mhley, walked away from the Competion with a $250 prize. His video game business, Overpowered Entertainment is now a reality.
"I learned a lot from the Elevator Pitch Competition last year and that experience contributed directly to me getting my business started. To the student entrepreneurs participating this year, I'd like to encourage them to never look down, always look up, stride for your dreams, with no stride there is no dream. Have confidence in yourself because it truly is the key to success."
Check out Chris Mhley '12 on WGAL!