Deadline: 17 May 2024
Rochester Institute of Technology’s Center for Urban Entrepreneurship (CUE) is hosting a Business Pitch Competition open to businesses operating within Monroe County, New York.
Competition is administered by CUE and is sponsored by Rochester Institute of Technology and Rochester Economic Development Corporation (REDCO). Sponsors reserve the right to limit and/or exclude from participation in the Competition any businesses which Sponsors may reasonably determine from time to time to be inconsistent with the purposes of the Competition.
The goal of the Competition is to provide a unique opportunity for businesses in Monroe County that are challenged by the need to secure access to capital to help such businesses grow and provide services within Monroe County.
Criteria
- Age. All applicants must be at least 18 years of age.
- Location. The business must be currently operating within Monroe County.
- Residency. Individuals and team members must be legal residents or U.S. citizens. All individual applicants and/or team leaders must have a legal residence within Monroe County.
- Revenue. All businesses must have an existing business plan and a business model that is operational and generating revenue. Businesses must earn a minimum of $25,000 in annual gross revenue to enter the Competition.
- Limits on Entering. Businesses may enter the Competition only once, either as an individual or as part of a team. If entering as a team, the team must appoint one individual as the team leader and main contact, and one other as the secondary contact.
- Orientation Session. All participants must attend an initial orientation meeting, in addition to the boot camp in order to be eligible to be a finalist in the Competition.
- Training Workshops. All participants are required to attend the business pitch boot camp in order to be eligible to be a finalist in the Competition. These sessions will cover pitch etiquette, financial literacy, and updating the business plan.
- Meet with an industry expert/advisor. Each applicant must meet at least once with a business coach during the Competition in order to be eligible to be a finalist in the Competition.
- Live Pitch. Each applicant selected as a finalist must participate in an event on a date selected by CUE in which it makes a live business pitch.
For more information, visit Rochester Institute of Technology.