2020 Business Pitch Challenge
June 19 @ 9:00 am - 12:00 pm
The Pitch Challenge will feature approximately 15 entrepreneurs (contestants) who will present their products offerings to a panel of judges. The contestants will include individuals from the Philadelphia area who have been running their own businesses for no more than five years. The judges will comprise procurement specialists or lending officers from large organizations who will evaluate the contestants on their ability to communicate a compelling message about their products. We will give three cash prizes: First place – $3,000; Second Place – $2,000; and Third Place – $1,000.
Due to COVID-19, the event will be virtual. We will invite individual spectators. To increase interest and audience engagement, we will likely give a fourth prize titled “Crowd Favorite”; the spectators will vote on their favorite presenter. The Crowd Favorite will receive what we collect from participant registration fees, along with any individual donations. We anticipate this amounting somewhere between $600 and $800.
In preparation of the Challenge, we will conduct three Pitch Drill sessions and provide business coaching to the contestants.