Elevator Speech Competition
Overview:
The Grove City College Elevator Speech Competition affords all students the opportunity to pitch their new venture ideas to a panel of judges, offering cash prizes in three categories – for profit, non-profit and science/technology.
The “elevator" speech is a frequently used term, which literally means “tell me about your new venture within the time that it would take to ride up an elevator.” The goal of the Elevator Speech competition is to teach students to communicate effectively and allow their charisma and positive characteristics to shine through in just a short speech. The Elevator Speech Competition demonstrates the networking and presentation skills essential to any entrepreneur or business professional. Please note that ideas may be at any stage of development from creation of concepts or ideas to an established venture.
Who should participate?
Ø GCC students interested in enhancing their presentation skills
Ø GCC students who want to explore the idea of starting a new venture
Ø GCC students planning to participate in the Business Plan Competition
Objectives:
Ø Your chance to showcase your talents and passion for entrepreneurship.
Ø An opportunity to present your new venture or non-profit idea in a positive atmosphere promoting new venture creation, ingenuity, and innovation.
Ø Receive recognition for the merits of the presentation of your idea with the possibility of cash awards.
Format:
Ø The competition is divided into three categories:
2 Non Profit 2 For Profit
2 Science & Technology
Ø Awards for top four (4) pitches in each of the three categories of $250 each.
Ø The total awards will be presented based on the number of teams/individuals registered for each category within the competition. A minimum of six (6) entries in a category must be received to grant four (4) $250 awards. If five (5) entries are received, then three (3) $250 awards will be granted. If four (4) entries are received, then two (2) $250 awards will be granted. If three (3) entries are received, then one (1) $250 award will be granted. If less than three entries are made in a category, the entrants will be placed into another category for inclusion.
General Information:
n The Grove City College Elevator Speech Competition is currently open only to Grove City College students.
n All students must be in good academic and social standing with GCC and the community. Good standing is defined as a minimum QPA of 2.0.
n All Elevator Speeches submitted must be appropriate to the vision and mission of Grove City College and the Entrepreneurship Program. If there is a question of appropriateness, the College will make the determination.
n The competition is free to enter.
n An informational meeting will be held on October 14th in HAL 314 at 4:00 pm.
n Please register by downloading and fully completing the online “Elevator Speech Application Form” located at
n The competition is open to students planning to enter the Business Plan Competition as well as individuals. The competition is open to students from all majors. For team ventures, all members must be present, and one student will deliver the pitch. If registering as a team, only one student from the team must complete the official “GCC Elevator Speech Application Form”, but list each teammate and their contact information.
n All team members must be listed on the Application Form by
Subsequent changes to this form can be made only with the written consent of all team members whose name appears on the form.
.
n The presentations will take place in the following locations:
Non-Profit HAL 208 12:45 - 4:00 p.m.
For-Profit HAL 110 3:45 - 8:00 p.m.
Sci/Tech HAL 116 4:00 - 6:30 p.m.
n An important consideration in any Elevator Speech Competition is whether or not a student or team should go public with an idea or product. If a participant has what he/she considers a unique idea or patentable product, he/she may want to consider not entering the competition ( or protecting vital information) to avoid the possibility of having the idea copied. He/she may wish to consult an attorney who specializes in intellectually property matters.
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