how it works
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.