The LaunchVT Collegiate competition will be held on February 24th, 2017 at Vermont technical College in Randolph, Vermont.
Each collegiate team will have ten minutes to present their pitch, followed by three minutes of Q&A. A panel of three judges will determine if the plan is viable and offers a likelihood of meaningful growth and successful business using the following criteria:
Industry and Target Market (What problem/need is the business solving/addressing? How big is the opportunity?)
Product/Service Design (What is the product/service? Does the product/service provide value in a unique way?)
Business Model and Operations (Who is on the team and what value do they provide? Does the business have a likelihood for success?)
Presentation (Was effective storytelling used? Were there adequate answers for Q&A?)
- Use of funds (What are the team's financial resources and how would any prize money be used?)
The winning team will receive a cash prize of $7,500 and the opportunity to participate as a finalist in the LaunchVT competition on May 12, 2017.
Want to join us for the competition? Click here.