ROCKET PITCH
FOUR MINUTES, FOUR PILLARS, ONE PRIZE
A fast-paced, gone before you blink, 4-minute presentation that covers the four key pillars below.
Every other Friday @ the Entrepreneurship Hub at 2PM.
Problem
Market
Competitive landscape
Solution
Rocket Pitch winners get a free meal and milkshake at Chick-fil-A…plus the chance to compete at our end-of-semester Faceoff to compete for cash prizes!
Participate as a contributing member of the audience and vote on the winner (no signup required) or as a pitcher, who goes to head-to-head with up to three other participants, vying for that week’s top place finish and a ticket to the finals. (Register to pitch below.)
Rocket Pitch Pillars
Problem
Market
Competition
Solution
Ventures exist to solve problems and meet the real needs of customers. Your problem or opportunity can be something you’ve personally faced, something your Aunt Susan has been complaining about, or something much, much bigger.
The best Rocket Pitches identify an attractive (and hopefully large) market. This is a great time to mention market statistics, like how many people are affected, how much money is transacted in the market, and where the market is headed.
More often than not, someone else will also be trying to solve the problem you’re addressing. Tell us what their solution leaves out and why that’s a problem for the customers and an opportunity for you.
You’ve laid a great foundation for us, so now tell us what you’re going to build. If you’re further along in the process, tell us how it has evolved and what’s coming next. And though it is by no means a requirement, a clever name never hurts.