A Perfect Pitch (NYC)
Who will strike out and who will knock it out of the park? On April 17, budding entrepreneurs present their business plans to a panel of judges for a chance to win $1,000 in three minutes at the 10th Annual Pace Pitch Contest.
$1,000 in three minutes. That’s more than double what “the Donald” makes.
On April 17, the Entrepreneurship Lab will host the 10th Annual Pace Pitch Contest from 5:30 p.m. to 8:30 p.m. in the Bianco Room on the NYC Campus.
The Pace Pitch Contest is based on the Elevator Pitch concept, popular in the venture capital community. It is an extremely concise presentation of an entrepreneur’s idea, business model, marketing strategy, competitive analysis, and financial plan, which is delivered to potential investors. The premise is that it could be made in a few minutes, should the entrepreneur spot a potential investor on an elevator and have the opportunity to pitch their idea during the brief ride.
Each finalist will have exactly three minutes to pitch their new venture idea to a panel of Pace alumni entrepreneur judges and an enthusiastic audience. Cash prizes will be awarded. $1,000 for first place, $500 for second place, and $250 for third place.
This year, all six finalist teams at the Pace Pitch include Pace students. So who will be competing to win $1,000 to fund their ideas?
The finalists are…
Accern (Lubin BBA in Accounting student Kumesh Aroomoogan and NYU PhD student Anshul Vikram Pandey): Accern is a quantitative content detection platform tailored for institutional investors. We help our users detect events that could affect their equities before they arise in the mainstream media channels.
AliveInside (Seidenberg students Jake Terranova, Keith Wright, and Martine Nezerwa): Mobile app Alive Inside is a mobile app that stimulates the memory of Alzheimer's patients through music of their youth, special life moments, and hence improve their quality of life and hopefully create an improved daily demeanor which makes it meaningful to caregivers as well.
HGNT (recent Dyson alumnus Taylor Vogt '13): HydroGeneratioNexTechnologies (HGNT) was initially formed in 2013 to completely redefine what it means to have a wastewater treatment system.
Project Novaux (Lubin student Javier Dutan '14): Novaux is creating a virtual currency POS system that will improve current point of sale software and the technology associated with it, reducing the learning curve while still creating value for small businesses. The product will initially target the food and beverage industry with the goal of eventually expanding into other markets. Software will be distributed through the app stores, with point of sale systems and technical support sold as a compliment to that software.
SheerStock (Dyson student Paige Cecchi '15): SheerStock is a convenient monthly subscription service for women that delivers a variety of hosiery products, such as tights, stockings, and thigh-highs. The goal of SheerStock is to provide the customer with multiple pairs of legwear each month that are appropriate for a variety of occasions and will save the customer from “making the trip if they’ve found a rip.”
STRIP (Dyson student Jennifer Li '15): According to the FDA, excessive intake of MSG has been linked to triggering or worsening of learning disabilities, Alzheimer’s disease, Parkinson’s disease, and ALS, mainly through the inflammatory reaction body cells have to high MSG concentrations. STRIP is a small, convenient, and disposable strip of paper with a chemical reaction indicator at the end, to test for monosodium glutamate (MSG) amino acid derivative, glutamic acid with just a swipe on or through your food.
The Interview Master (Lubin MBA alumna Camille Hugh and University College Dublin alumnus Patrick Roche): Interview Master is an online portal which gives job seekers the upper hand by connecting them with relevant and experienced interviewers in their field. Interviewees are able to get valuable feedback and fine tune their interview technique, which will improve their chance of landing the job of their dreams in an extremely competitive environment.
The judging panel includes Bal Agrawal, CEO of LifeWorx, Inc.; Mary Howard, principal, designtechnologies; Ellen Carey, manager, Global Impact Investing Network; and Anna Khan, venture capitalist, Bessemer Venture Partners (BVP).
Kane Sarhan, co-founder of Enstitute, the first national apprenticeship program for 21st century careers in business, technology, design, and entrepreneurship, will give the keynote address.
RSVP for the cheering section to watch the future Mark Zuckerberg’s and Warren Buffett’s of the world present their business plans.
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