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 2015 YCP Student Elevator Pitch Competition will 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. (IMPORTANT: You will be given up to 3 minutes to make your pitch) 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 (including the top prize of $1,000) will be awarded to the winning pitches!
Participants will register online using our customized iStart platform. They will be asked to record and link their pitches via private YouTube channel. Pitches should be no longer than 3 minutes. The top participants will then be invited to pitch in real time to our panel of judges on Nov. 17.
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 may 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!
2013 Elevator Pitch winners, Kyle Musco and Andrew Komar have successfully started their business, Moena, LLC in the J.D. Brown Center Incubator. Kyle and Andrew have since gone through the Ben Franklin Technology Partner’s TechCelerator, a technology-based economic development program that offers an entrepreneurial "boot camp.” Upon completion of the boot camp, Moena was given the opportunity to install Y-Fi around downtown York.
Y-Fi is an initiative to provide York City with free public wifi. We aim to accomplish this by providing businesses across the city with access points to form a massive wireless mesh network. With the help of the community, we will be able to join individual wifi connections together under one name, Y-Fi.