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By rawhouser, March 30, 2010 12:17 pm

We encourage all of you to enter (and win) the University of Minnesota’s BizPitch competition. Entry Deadline is TOMORROW. Here is the link to the info and the entry application:

The BizPitch advertisement is shown below:

Your Chance to Win $500!

Opportunity to make a 90-second pitch on your new business idea to a panel of entrepreneurs and investors.

Cash prizes, feedback from experienced entrepreneurs and investors and opportunity to participate in the Business Hatchery program. Prior participants have gone on to raise capital and launch their BizPitch ideas.

Any undergraduate student currently enrolled at the University of Minnesota.

Sign up on website by March 31 (application form below) All applicants will receive feedback and advice on developing their idea Finalists will be notified by April 7th. Coaching and assistance available for finalists On April 13th give your 90-second pitch in front of panel of judges

$500 Grand Prize $100 Most Creative $100 Social Category $100 People’s Choice Award Winners will also be provided access to advisory services through the Holmes Center’s Business Hatchery to support them in their launch of their business idea

Scott Litman, Magnet360 Ann Ulrich, Bold! Companies of Ann Ulrich, Inc. Roy Wetterstrom, Revo Brand Group Jesse Bergland, NWML Ron Reimann, Zaptel

What makes a good business pitch? Answer these questions succinctly and you’re done!

• What is your product or service?
• What need does it address?
• Who is your customer and how big is the market?
• Who is your competition?
• What is your competitive advantage vs. competition?
• What is your business model?