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Elevator pitch competition tests student business ideas

Wednesday, Nov. 19, 2008, 7:30 p.m. 101 Friend Center

Princeton students will compete to see who can best pitch a business plan in 90 seconds during the 2008 Elevator Pitch Competition at 7:30 p.m. Wednesday, Nov. 19, in 101 Friend Center.

During the competition, which is sponsored by the Princeton Entrepreneurship Club and the Keller Center for Innovation in Engineering Education, students will have to quickly explain a business plan to a panel of judges composed of venture capitalists and a successful entrepreneur. The winner takes home $1,000.

"The idea is that if you're in an elevator and you happen to be with a venture capitalist, you pitch that person for however long you're in the elevator," said Nikhil Trivedi, a sophomore who is vice president of the entrepreneurship club.

The pitch competition serves as a prelude to the TigerLaunch Business Plan Competition, which culminates Feb. 21 and offers thousands of dollars in prize money for students who present the best business plans.

The event is open to the public. Students interested in participating in the competition should visit the online registration page. The deadline for registration is Nov. 14.

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