- Eligibility:
- The competition is open to startups meeting the following criteria:
- The company has been in operation for less than 2 years.
- The company has generated less than $10,000 in sales or earned revenue over the last 12 months.
- The company is 51% minority-owned and majority immigrant-owned (51% or more).
- Participants must be able to pitch in-person in Des Moines, Iowa in February 24th,2024.
- The competition is open to startups meeting the following criteria:
- Registration:
- Participants must complete the official registration form by the specified deadline.
- Registration forms must include detailed information about the startup’s operations, ownership structure, financials, or a business plan detailing as such.
- Pitch Presentation:
- Each participant or team will be allocated 5 minutes to present their business pitch in person in Des Moines, Iowa.
- Presentations must adhere to the time limit set by the organizers.
- Visual aids or prototypes are permitted and encouraged.
- The pitch should cover aspects such as the problem being solved, target market, unique value proposition, revenue model, and potential for growth.
- Judging Criteria:
- Originality and innovation of the business idea.
- Market potential and scalability.
- Clarity and effectiveness of the pitch presentation.
- Viability and feasibility of the business model.
- Overall impression and persuasiveness.
- Judges:
- A panel of impartial judges will evaluate the pitches and select the winners.
- Judges’ decisions are final and binding.
- Prizes:
- Prizes will be awarded to the top participants or teams, as determined by the judges.
- Prizes may include cash awards, mentorship opportunities, investment offers, or other valuable resources to support the growth of the winning businesses.
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2024 Pitch Competition
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