An “Elevator Pitch” competition will be held at 7 p.m. Wednesday, Oct. 18, in the St. Pat’s Ballroom B of the Havener Center on the University of Missouri-Rolla campus. During the competition, UMR students will have 90 seconds, about the duration of an average elevator ride, to communicate a business idea or concept and compete for cash prizes.
The contest is free and open to all UMR students, who may enter individually or in groups of two. First place is worth $125. Second-place nets $75 and third place has a $50 value.
The campus community and general pubic are invited to attend the event.
“The idea is to practice pitching a concept to a potential investor,” says Dr. Eric Anderson, business development specialist at the Center for Entrepreneurship and Outreach (CEO) at UMR. “In this contest, those who successfully communicate the potential of their idea to judges will win.”
The “Elevator Pitch” competition is sponsored by Steak ’n Shake and the Technical Innovators and Entrepreneurs Society at UMR, in conjunction with the CEO at UMR and the UMR School of Management and Information Systems.