Boeing New Business Challenge- Qualifying Round

Friday, December 4, 2020 The event started -44 days ago

8:00 AM11:59 PM

Online

Do you have a great business idea? Use that idea to earn a scholarship!

The Boeing New Business Challenge is accepting applications to pitch new business ideas for the opportunity to win scholarships! 

This challenge is open to ALL business savvy undergraduate OR graduate students of ANY major.

Student teams that qualify for the final round will have the opportunity to work alongside a entrepreneurial mentor as they prepare for the final round.

Click HERE for more info. Register now by clicking HERE.

Important Dates:

  • Qualifying Round Recordings Due | December 4, 2020 | Location: Virtual
  • Boeing Challenge Finals (qualifying teams only) | Date: February 17 and 18, 2020 | Location: TBD 

Competition Categories:

  • General- All business ideas are welcome to join this competition category.
  • Space Commerce*- Business ideas relating to the space commerce industry are eligible to register for this category.

*Students competing in the Space Commerce category will be automatically placed in the General category as well.

Qualifying Round Details

The purpose of this round is to provide the judges with an executive summary of each business concept and provide the basic reasoning about each new business opportunity. The judges will then decide which teams will advance to the final round.

Preparing for the Qualifying Round:

  1. Establish your team. Teams of one are welcome!
  2. Establish your business concept. 
  3. Register your team so we can communicate with you.
  4. Develop your PowerPoint/GoogleSlides presentation, practice, and record your business pitch presentation.
  5. Submit your qualifying round presentation recording and presentation slides by midnight on Friday, December 4, 2020.
  6. Note- Finals are by invitation only, so you must put your best foot forward to advance to the next round. A written business plan will be required in FINAL round only.

Qualifying Round Details:

  • Student teams must submit a video recording of themselves pitching their idea, along with their PowerPoint/GoogleSlides presentation by midnight on December 4, 2020 to dwh0012@uah.edu.
  • After registering, teams will recieve the score sheet judges will use to evaluate each team.
  • Use GoogleSlides or Powerpoint to create your presentation.
  • Recorded presentation time limits: Minimum- 5 minutes, Maximum-10 minutes
  • Presentation attire is business casual.
  • We recommend utilizing Zoom to record your presentation whether you are a team of one or many. Here is how to do that:

    • Start a new meeting in Zoom.
    • Share your screen to show the presentation.
    • Start recording the meeting by clicking "Record", or by clicking "More" and then "Record on this computer".
    • When you are done presenting click the "Stop" button to end the recording.
    • In order to download the presentation video to your computer you must end the Zoom call.
    • We strongly recommend testing this before presenting.
  • Questions that your presentation should answer:

    • Is there a market opportunity?
    • What key activities does your value proposition require?
    • What value do you deliver to the customer?
    • How do you get, keep and grow customers?
    • Through which channels do you reach your customers?
    • Are there reasonable profit prospects?
    • What are the most important costs inherent to your business model?
    • Is it technologically feasible (e.g., not purely imaginative)?
    • Is it economically feasible? (e.g., no prohibitive start-up costs)?
    • What are your key resources? 

If you have questions, please contact Drew Hartt at dwh0012@uah.edu.


Details

Category
Misc
department
College of Business
Audience
Students

Contact

Drew Hartt 256-824-4725 This email address is being protected from spambots. You need JavaScript enabled to view it.

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