This year’s Pitch George business plan competition – scheduled for Nov. 10 in Duques Hall – will offer prizes for “fan favorites” for the first time ever.
The annual elevator pitch competition gives participants the opportunity to pitch a new venture idea, gain feedback on the business concept’s viability, and win start-up capital. Participants compete at three tiers – graduate, undergraduate and high school – as individuals or in teams of two or three.
First-place graduate and undergraduate winners receive $2,000 each, and first place high school winners are awarded $750. This year, audience members will also have a chance to vote for one finalist in each tier; those graduate and undergraduate “fan favorites” will win $500, and the high school favorite will receive $250.
Also new this year is a bonus that allows the first-place graduate and undergraduate winners to automatically advance to the semi-final round of the GW Business Plan Competition, which has its first deadline in January 2013.
For Pitch George, real-world entrepreneurs serve as judges. Audience members include entrepreneurship faculty and professionals, and individuals or groups with connections to the entrepreneurial, startup, and venture capital communities in Washington. D.C.
For more on Pitch George, go here.
Posted by gwsb on November 6, 2012 | Filed under: GWSB News.