The Bob Mark Elevator Pitch Competition

The Bob Mark Elevator Pitch Competition provides a venue for students of all majors to pitch their entrepreneurial ideas before an audience and a panel of judges. Prior to the competition, students receive coaching from business professionals to hone their ideas and improve their pitches.

In the competition, contestants have a 120-second time limit (like on an elevator ride) to sell a concept to someone who doesn’t have previous knowledge about their business. 

Winners receive prizes to help them start their business and attract attention to their ideas.

1st Prize:
$5000 Berquist Prize (expense account)
$2500 Business consulting sponsored by Pavlis Honors College
1 year Smartzone space
Smart Start Program Tuition Waiver
2017 Silicon Valley Experience ticket

2nd Prize:
$1000 cash
Smartzone Virtual Client Membership
Smart Start Program Tuition Waiver
2017 Silicon Valley Experience Ticket

3rd Prize:
$500 cash
Smart Start Program Tuition Waiver
2017 Silicon Valley Experience ticket

Best Technology Prize
$1000 cash Sponsored by MEDC
2017 Silicon Valley Experience ticket

Best Social Innovation Prize
$500 CenSi Prize
Over $3000 in consulting from social entrepreneurs
2017 Silicon Valley Experience ticket

Audience Favorite Prize
$200 cash

2016 Bob Mark Elevator Pitch Winners

Prize

Business Idea

Winner

1st

VacuuShot

Emmet Eurich

2nd

Delving Deeply

Tommy Stuart

3rd

The Indian Restaurant

Parth Bhatt; Dhavan Sharma

Audience Favorite

The Indian Restaurant

Parth Bhatt; Dhavan Sharma

Best Technology

Tru

Kyle Ludwig

Best Social Innovation

Teelax

Datta Sandesh

There are some very impressive ideas that come through this competition from the crazy smart students we have here at Michigan Tech.

This event is a tribute to the late Bob Mark, Professor of Practice within the School of Business and Economics. Mark started and ran the first four years of the Elevator Pitch Competition and brought the Business Plan Competition to Michigan Tech. The Bob Mark Elevator Pitch Competition and other efforts  support his entrepreneurial spirit that continues to live on in students, faculty, and staff.

Advice from Bob Mark

  • Do not say “we have no competition.”
  • If you are stating guessed numbers, try using 3, 7, or 9 to make the numbers sound more realistic.
  • Memorize your first and last statements, let everything in the middle flow naturally.
  • Be confident in everything you say and avoid terms such as “maybe.”
  • There is an audience favorite prize so invite all of your friends to vote for you!

To learn more about how you can support The Bob Mark Elevator Pitch Competition - Click here.

Emmet Eurich, Vacuu-Shot

Bob Mark Elevator Pitch competition 1st prize, Emmet Eurich, Vacuu-Shot

Tommy Stuart - Delving Deeply

Elevator Pitch Competition 2016, 2nd Prize, Tommy Stuart, Delving Deeply

Parth Bhatt and Dhavan Sharma, The Indian Restaurant

Bob Mark Elevator Pitch Competition 2016, 3rd prize and Audience Favorite, Parth Bhatt and Dhavan Sharma

Kyle Ludwig, Tru

Bob Mark Elevator Pitch Competition 2016, Best Technology Prize - Kyle Ludwig, Tru