2 Minutes Can Win Over $1K
The Weiss Tech House, Penn’s center for tech start-ups, will be hosting an Elevator Pitch Competition for young entrepreneurs. Elevator pitches are 2 minute pitches about a business and are often used by entrepreneurs to introduce their start-ups to others in around the time it takes to ride up an elevator. The goal is to be able to share the key highlights of the start-up quickly no matter who you meet.
The Elevator Pitch Competition is designed to give students an opportunity to experience presenting to investors. The competition will feature a panel of judges from prominent investors and start-up incubators such as First Round Capital, DreamIt Ventures, and MentorTech. There is over $2k in prize money with the winner getting a $1200 cash prize and mentorship guidance to jump-start their venture.
There were many applicants to the competition but only the top projects were chosen. Some of these include:
*BionUX (Bionic Upper Extremity), a prosthesis for above-the-arm amputees that features haptic feedback: the ability for the user to feel what the hand touches.
*21Hangers is an innovative marketing company that works with women’s fashion designers to set up a seasonal flagship pop up shops.
*PillPal is a smart, multi-pill dispenser designed to combat the motivational barriers associated with medicine intake
The finial pitches will be held on February 4th, 6-8PM in Jon M. Huntsman Hall F45. Please contact William Cao for more details and press access to the event. The public and press are encouraged to attend.
The Weiss Tech House is a student-run technological hub dedicated to student innovation. If you would like to learn more about the tech house please visit Tech-house.upenn.edu