BOOST - Idea Competition

Thursday, February 25, 2021 The event started -1127 days ago

6:00 PM 8:00 PM

Online

WHAT IS BOOST?

BOOST is a pitch competition designed to challenge, inspire and empower the next generation of entrepreneurs to ideate, create and launch new ventures. If you have an idea that can positively impact lives - whether it's B2B, B2C, social, enterprise, an app or anything else you can articulate in a 5-minute pitch - we want to hear it!

 

THIS IS YOUR CHANCE TO WIN BIG FROM A PRIZE POOL OF $3,000!! 

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BOOST is FREE to all participants and attendees.

 

WANT TO APPLY / PARTICIPATE? VISIT: https://boost.eventbrite.com

 

SEE FAQ BELOW ON HOW TO GET GOING WITH YOUR SUBMISSION.

 

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 FAQ's:

  

1. Who can pitch?

Individuals or teams with great ideas that have NOT been incorporated into a formal venture / business. 

 

2. What does it cost to pitch or attend the event?

Nada! 

 

3. What’s at stake?

 Cash for top 3 winning teams from a prize pool of $3,000, mentorship and bragging rights. 

 

4. How do you APPLY to pitch @ BOOST? 

Complete the entry form and submit your 60 seconds (idea pitch) video here.

The deadline to apply is Feb 22nd so get cracking....VAMOS!

 

5. What’s the Judging process? 

Judging of entries will consist of two steps. First, an independent panel of judges will be asked to review and score all entries based on our scoring rubric. This includes both written submissions and submitted videos. Second, depending on the submission pool, the top 5-10 entries will be invited to pitch their idea in a final competition before a panel of judges. During the final competition, the judge's panel will have the opportunity to ask questions and vote on the best ideas.  

 

6. What are some examples of ideas?

BOOST is open to any idea that complies with these rules. To aid participants in selecting an idea for the competition, consider the following: 

Products or Services: Do you have an idea for a new product or service that meets some need in the marketplace? Alternatively, select an existing product or service and provide an idea about how it could be improved. 

Social or “Green” Concerns: Do you have any ideas that will improve society in some way? Ideas for this category include those that help the environment and those that help address social issues. 

Ideas that generate Artistic Value: Do you have ideas that will engage more people in the arts? This category is for ideas that would create artistic value in terms of increasing appreciation for the arts and their importance in society. Do you have ideas for making art more accessible or ideas for commercializing art? 

Commercial Applications of Research Projects: Are you working on a research project at work or school? Do you have ideas for a commercial product or service related to your work? 

Other ideas? Any idea qualifies for this competition, so do not let these examples limit your creativity!  

 

7. What’s the judging criteria? 

Judges and participants will be asked to consider the following criteria for scoring and in considering their votes: 

Identification and Definition of the Problem / Opportunity: Has the problem/opportunity been described in a clear and convincing manner? 

Value Creation: Is this an original idea? How innovative is the idea? 

Feasibility of the Solution / Idea: Does the idea create economic or social value? Is the value sufficiently higher than the cost of the resources (cost-benefit-ratio)? 

Implementation of Solution / Idea: How practical is the idea when it comes to implementation? How easily can barriers be overcome? 

Impact of the Solution / Idea: What’s the size of the population that will be impacted? What’s the level of impact that the idea will have on the identified problem/opportunity? 

Quality of the presentation: Is the presentation structured so as to capture the idea storyboard in a succinct manner?

 

8. What are the important dates to remember? 

Idea submission / Application deadline – Feb 22nd (submit your entry here)

Finalists announced – Feb 23rd

Final pitch competition –  Feb 25th6 pm CST online via ZOOM

 

9. What is the format for the final pitch competition? 

To determine a winner the top 5-10 teams (the exact number will be determined based on applicant pool) from the first round will compete in a final competition to be held online on Feb 25th @ 6 pm CST via ZOOM. The finalists will be asked to perform a live 5-minute pitch followed by a 3 min Q/A session. The winners will be determined by an independent panel of judges. 

 

10. What is the format for the pitch deck? 

Participants selected for the final round have to present their pitch deck in PowerPoint format.  To view a sample pitch deck format click here. For additional tips on storytelling and structure click here.

 

NOTE: The sample pitch deck format is a guideline. It is NOT mandatory to follow this format. Feel free to get creative!!

 

11. Is there any mentorship available to participants? 

Yes. Contact i2c@uah.edu for additional details.  

 

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INTERESTED IN PITCHING YOUR IDEA?

SUBMIT YOUR ENTRY HERE

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INTERESTED IN ATTENDING BOOST?

REGISTER TODAY! VISIT: https://boost.eventbrite.com

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QUESTIONS? CONTACT: i2c@uah.edu

 


Details

Category
Misc
department
College of Business, I2C
Audience
Public, Students, Faculty and Staff, Alumni

Contact

RIGVED JOSHI 4088023448 This email address is being protected from spambots. You need JavaScript enabled to view it.

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