Hagerman Center for Entrepreneurship and Innovation Business Pitch Competition

The first place team can win more than $10,000! 
We will give awards to eight or more teams, including all finalists!

Special categories including best for profit or not for profit related to:

  1. Health care and/or nursing
  2. Engineering, computer science, inventions, and/or information technology
  3. The arts
  4. International issues
  5. Education and/or human services
  6. Revitalizing Flint

Entrepreneurship experts and venture funders will provide free coaching for the winning teams.

Competition provides a great learning experience and a resume line that could get you the job you want.

 

Hear from the 2017 winner, Brittney Thomas, about why you should enter the Business Pitch Competition!

 

REGISTRATION DEADLINE: Wednesday, February 14, 2018 (Midnight)
SUBMISSION DEADLINE: Thursday, February 22, 2018 (Midnight)
PRESENTATIONS: Thursday, April 5, 2018 at 5:30 pm

 

TRAINING SESSION: 
 

DATES: Wednesday, February 7 at 12:30 pm and Thursday, February 8 at 5:30 pm

LOCATION: 2321 Riverfront Center

See resources tab for additional training materials

Feel free to email marksimo@umflint.edu for more information!

 

 

This competition was made possible by a generous gift from Phil and Jocelyn Hagerman.

Individuals winning $1,000 or more will receive cash awards. Those winning less than $1,000 will get Amazon gift cards. Awards may affect the winners' taxes and financial aid. 

 

About

The SOM and Hagerman Center for Entrepreneurship and Innovation is sponsoring a business pitch competition. We will award $10,000 among roughly three teams, which can be used to further develop their ideas, to launch a venture, or to use in any way the winners desire!  Business experts will advise and introduce winning teams to investors. Even if your team does not win, just entering the competition will give you a great resume line and an incredible learning experience.

To enter, submit a seven-to-ten slide PowerPoint presentation and a one-to-three page single-spaced description (see the resources page for details). Only those who advance will present their ideas to judges.

The competition is open to all UM-Flint students!  Non-students, including alumni, may participate, provided that a UM-Flint student is on their team.

 

Contact Marksimo@umflint.edu if you have any questions.

 

REGISTER HERE

 

Registration & Guidelines

IMPORTANT DATES
  • Training Session:  Wednesday, February 7, 12:30 pm and Thursday, February 8, 2018, 5:30 pm in 2321 Riverfront Center.
  • Registration Deadline: Wednesday, February 14 at midnight.
  • Submission Deadline: Thursday, February 22 at midnight.
  • Presentations of Finalists:  Thursday, April, 5th at 5:30 pm, UM-Flint Campus, Northbank Center Ballroom, 432 North Saginaw St., Flint, MI 48502.
General Rules/Information
  • Each team must include one or more students enrolled at UM-Flint during the Fall 2017 or Winter 2018 semester.
  • Teams can be any size.
  • Business ideas can be for-profit or not-for-profit.
  • The idea can’t be part of an established company.  Also, the idea can’t have already generated more than $5,000 in revenue or investments (excluding investments by owners).
  • Winners may use the award in any way they wish. We strongly encourage you to use the winnings to start the venture.
  • UM Flint students (but not others) may be on more than one team.  However, if more than one of their teams makes it to the finals, they will have to choose one team with which to continue the competition.

Note: All event organizers’ and judges’ decisions are final and not subject to appeal!

 

Submission Guidelines

THE TWO DELIVERABLES REQUIRED FOR SUBMISSION ARE:

  1. A seven-to-ten slide PowerPoint presentation (see the Business Pitch Template under the resources tab).
  2. A one-to-three page (not including references) single-spaced write-up.
    1. The write-up should elaborate on the points made on the PowerPoint slides.
    2. It should provide relevant research to support those points.

 

Submit your entry to Marksimo@umflint.edu.  Make sure that your presentation and supporting document include:

  • Names, UM-IDs, and majors of all members of the team, including the submitting member
  • Company/group name
  • Email address
  • Phone number

 

If you have any questions throughout the submission process, please email Mark Simon at marksimo@umflint.edu.

 

REGISTER HERE

 

FAQs

WHAT ARE THE RELEVANT DATES?
  • Training Sessions: Wednesday, February 7, 12:30 pm and Thursday, February 8, 2018, 5:30 pm in 2321 Riverfront Center. 
  • Registration Deadline: Wednesday, February 14 at midnight.
  • Submission Deadline: Thursday, February 22 at midnight.
  • Semifinal Presentations:  Friday, March 16 at 6:00 pm.
  • Presentations of Finalists:  Thursday, April 5 at 5:30 pm.

 

WHAT IS THE FORMAT FOR SUBMISSIONS?

Submit a PowerPoint presentation (seven to ten slides) and a one-to-three page single- spaced document with backup details. View the Business Pitch Competition Template located under the resources tab.

 

DOES EVERYONE WHO SUBMITS MAKE A PRESENTATION?

No. Only those teams who advance to the next round of the competition will give a presentation to the judges. The initial submission includes developing PowerPoint slides, it does not include presenting those slides.

 

WHAT IS THE PRESENTATION STRUCTURE FOR FINALISTS?

Finalists will have seven minutes to present approximately seven to ten slides.  In addition, there will be a ten-minute period for the judges to ask questions.

 

What are the awards?

There are five special category awards including best for profit or not for profit related to:

  1. Health care and/or nursing
  2. Engineering, computer science, inventions, and/or information technology
  3. The arts
  4. International issues
  5. Education and/or human services
  6. Revitalizing Flint

 

  •  Teams winning a special category will receive $100. 
  • All teams who make it to the finals will receive a minimum of $200 and will be eligible to win a $150 fan favorite award. 
  • Judges will divide an additional $10,000 among the finalists however they deem appropriate. 

 

Individuals winning $1,000 or more will receive cash awards.  Other winners will get Amazon gift cards. Awards may affect taxes and financial aid.

 

CAN I USE THE PRIZE MONEY HOWEVER I WANT?

Yes! However, we strongly encourage you to use the winnings to start the venture. After all, if your idea is so promising that you won, why not try to parlay your winnings into hundreds of thousands or even millions of dollars?

 

ARE THERE ADDITIONAL BENEFITS for PARTICIPATING?
  • It is a great resume builder!
  • If you reach the finals, we will provide extensive expert advice and support to help you succeed, even after the competition.
  • We will introduce you to investors!
  • Winning early funds makes it much easier to raise funds later.
  • You will gain invaluable real world entrepreneurial experience.

 

Are Resources Available to Help ME? 

Yes. See the resources tab.  The resource page contains links to sites containing useful information.  In addition, carefully read the business pitch template, which provides valuable guidance to help you develop your submissions.  We also strongly encourage you to take advantage of the training sessions on Wednesday, February 7, 12:30 pm and Thursday, February 8, 2018, 5:30 pm in 2321 Riverfront Center. Finally, you may contact marksimo@umflint.edu for more guidance.

 

WHO IS ELIGIBLE?

All UM-Flint students who were enrolled during Fall 2017 and/or who are enrolled during Winter 2018. Moreover, each team can include non-UM Flint students, including alumni, but it must include at least one UM-Flint student.  Teams may be any size. The business idea can concern a for-profit or a not-for-profit business.  The idea can’t be part of an established company. It also can’t have already generated more than $5000 in revenue or investments (excluding investments by the entrepreneur).

 

CAN I BE ON MORE THAN ONE TEAM?

Yes. UM-Flint students (but not others) may be on more than one team.  However, if more than one of their teams makes it to the finals, the students will have to choose one team with which to continue.

 

REGISTER HERE

 

Resources

 
Competition Specific Resources

Business Pitch Competition Template

Instructions for Paper

Important Tips to Improve your Submission!

 

Outside Business Information Sources

SBA Starting a Business

SBA Conducting Market Research

Entrepreneur Magazine: How to Research your Market

Data.gov
Provides a gateway to the US Government’s open data

Economic Briefing Room
Collects major economic indicators in one place and updates them as they are released

American FactFinder - US Census
Offers access to demographic, housing, and economic data

American Customer Satisfaction Index 
Provides satisfaction scores by industry and by company

UM-Flint Reference Librarian - Vera Anderson

Phone 810.762.3413
Email: verakay@umflint.edu

 

Check back frequently-- we will be adding new resources. Google search for advice and sample slides

 

REGISTER HERE