Three minutes in an elevator. That’s the amount of time students competing in the third annual Pitch George business plan competition had to convince judges that they had a winning business idea. More than 50 aspiring entrepreneurs rose to that challenge on Nov. 13 and competed for $10,500 in seed money from the Center for Entrepreneurial Excellence of the GW School of Business. Student competitors rode an elevator and pitched their business ideas to a panel of judges, all within the space of three minutes. For the first time, the competition was open to high school students from the Washington, D.C.-metro area.
Judges then selected first, second and third place winners in three categories: GW undergraduate students, GW graduate students and local high school students. The winners in each category are:
First: Rehan Quadri, a GW medical student, won for Scut Radiology, which supplies radiology groups with affordable part-time undergraduate and professional students as on-call radiology assistants after hospital hours.
Second: Anchal Bassi, a first-year Global MBA student, won for LeafWorks, which would make disposable flatware.
Third: Shannon Knudsen, an MBA student, won for Urban Soccer Concepts, which would build a soccer complex in D.C. to offer year-round facilities for indoor soccer leagues, clinics and camps.
First: Stephen Pasinski, a freshman, won for Dog Drinks, which would make beverages that are safe for canines.
Second: Patricia Reville, a senior in the GW School of Business, won for Greenfinity, a green, urban waste management solution using biofuel systems to convert food and paper waste to electricity.
Third: Dan Kane for Fieldhouse.com
First: Jason Lin of Chantilly High School in Virginia, won for Unlimited “Bringing Imagination to the Future,” a global innovator in the design and manufacture of futuristic, conceptual electronic products.
Second: Jessica Yang won for Kids Are Scientists Too, which provides several services, including an interactive science program for fourth and fifth grade students. Teams of high school students are trained and given handouts to help local elementary schools implement weekly science clubs.
Third: David Wise of Marshall High School in Virginia won for Ice, Ice Baby, a business venture that would sell shaved ice in the South Miami Beach area.
The event was held in conjunction with Global Entrepreneurship Week. To follow the conversation on Twitter, visit #PitchGeorge.
Posted by gwsb on November 19, 2010 | Filed under: GWSB News.