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.

Most Actionable Business
$5000 Berquist Prize (expense account)
1 year Smartzone space and Smart Start Tuition Waiver
Silicon Valley Experience ticket

Best Elevator Pitch
$1000 cash
Silicon Valley Experience Ticket
Smart Start Tuition Waiver and Smartzone Virtual Client

Best Technological Innovation
$1000 cash Sponsored by MEDC
Silicon Valley Experience ticket
Free patent discovery from Brooks-Kushman ($2500)  Smart Start Program Tuition Waiver

Most Disruptive Technological Innovation
$150 cash
Silicon Valley Experience ticket
Free patent discovery from Brooks-Kushman ($1500)

Best Green Innovation
$250 cash
Silicon Valley Experience ticket

Best Social Innovation
$250 cash
Silicon Valley Experience ticket

Most Economic Impact on the UP
$100 cash
Silicon Valley Experience ticket

Best Lifestyle Business
$100 cash
Silicon Valley Experience ticket

Audience Favorite
$200 cash
Silicon Valley Experience ticket
Based on cheers

 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!

Learn more about how you can support The Bob Mark Elevator Pitch Competition

Preview image for Emmet Eurich, Vacuu-Shot video video playhead

Emmet Eurich, Vacuu-Shot

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

Preview image for Tommy Stuart - Delving Deeply video video playhead

Tommy Stuart - Delving Deeply

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

Preview image for Parth Bhatt and Dhavan Sharma, The Indian Restaurant video video playhead

Parth Bhatt and Dhavan Sharma, The Indian Restaurant

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

Preview image for Kyle Ludwig, Tru video video playhead

Kyle Ludwig, Tru

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