We know you’ve had every intention of submitting to the Black Enterprise Entrepreneurs Summit Elevator Pitch Competition, but that initial deadline, somehow, snuck up and got away from you. Fret not, dear entrepreneur! Black Enterprise just announced that we have so graciously extended the submission deadline to Tuesday, March 22!
This means that you now have a little less than a week to perfect and submit your 2 minute pitch selling the necessity of your business. Here’s a reminder of how this competition works:
- You sharpen your business elevator pitch to detail the problem your business solves, who your primary customers are, what you’re selling your business for, and your current/projected sales revenue.
- You get your pitch down to 2 minutes or less and you submit! You’ve seen Shark Tank and thought if you were pitching you’d knock it out of the park—now’s your chance.
- You Email Black Enterprise by the March 22Â deadline with a YouTube video submission of you pitching the product or service and be sure to include your name, e-mail, and phone number in your email. In the subject line write: 2016 BE Elevator Pitch Competition, then sit back and watch your future unfold.
There will be 10 semi-finalists selected from submissions. If you’re selected as a semi-finalist you’re then granted the opportunity to pitch live to a panel of expert judges at the 2016 Black Enterprise Entrepreneurs Summit, May 4-7, Loews Hotel Miami, Florida. The top 3 finalists of the semi-finalists will pitch again, with a refined 30-second time limit, in front of inventors, experts, venture capitalists, and angel investors for a chance to win a $10,000 cash prize.
Please Note: As an Elevator Pitch contestant, your name and likeness may be used for future advertising and promotional purposes. Additionally, it is advised that you obtain the appropriate legal documentation to protect your business idea or product.Â Black EnterpriseÂ is not liable for duplication of your business idea or product by a third party. Prize money will be released after all mentoring sessions are completed. The two-minute video submission is intended as a guideline. Contestants will not be disqualified for videos within the 2-3 minute range or for using props during the video. However, onsite these rules will be strictly adhered to.
Check out the video snippet of a past pitch competition below:
Now ready, set, pitch!
Click here for all of the information you need to prepare and submit your pitch. Register now to secure your spot at the 2016 BE Entrepreneurs Summit, May 4-7, Loews Hotel Miami, Miami, Florida. Best of luck!
Be sure to follow Black Enterprise on social media @BlackEnterprise for Entrepreneur Summit news, highlights, and updates. Use hashtag #BESummit to stay in the loop. Please be on the lookout at BlackEnterprise.com as speakers, activities, and sessions are announced.