Bob Mark Elevator Competition Thursday
Imagine you find yourself alone in an elevator with a potential investor with just two minutes to pitch your business plan or idea. Several Michigan Tech students will respond to their own personal "Shark Tank" moment in the finals of the Annual Bob Mark Elevator Pitch Competition.
The event is slated for 7 p.m. Thursday (Oct. 6) at the Rozsa Center for the Performing Arts.
Named after the late Bob Mark, a long time professor in Tech's School of Business and Economics, the 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 cash prizes to help them start their business and attract attention to their ideas. In addition to the judge's decision there will be a prize awarded to the audience favorite.