ONLY CSULA STUDENTS CAN PITCH FOR EVENT.
So, you've got a seriously awesome busines idea!
All you need now is funding and some support to make it happen, right?
Well what if I told you that CSULA and the Global Center for Innovation & Entrepreneurship want to potentially give you +$5000 to help fund your Startup Idea?
Have I got your attention now?
Great!, now lets talk about what you need to do in order to get your hands on all that Moola and get your idea LAUNCHED!
But first let's talk about what a business plan is and why CSULA is choosing to do a FastPitch.
A business plan attempts to reduce the uncertainties surrounding the decisions needed to launch a business. It can be thought of as a blueprint or a roadmap. A business plan helps you determine if the business has a market, can make a profit and can produce the money you need. For our FastPitch event, you will have to complete a ONE PAGE business plan (Example) and email it to Rob Carpenter (email@example.com) by May 12th, 2013 by 5:00PM.
Why a FastPitch?
Traditional business plans, although extremely important, take a very long time to research and write. They are also probably outdated by the time you actually launch your startup. So we decided to skip this part and focus only on the bare essentials needed to get your great idea off the ground: the OPPORTUNITY you're addressing, the PROBLEM you're solving, your proposed SOLUTION, your COMPETITORS, your BUSINESS MODEL, the potential MARKET SIZE you're entering and your idea's POTENTIAL for major success.
That's right. We're focusing just on your idea's POTENTIAL!
How it Works
As a FastPitch participant you'll be required to do the following:
A) Register for competition on this eventbrite page (as a participant) by May 1st B) Submit electronic copy of business plan in Microsoft Word format by Sunday, May 12th C) Craft a 90 second pitch (no slides required) to be given in front of a panel of judges on stage D) Be prepared to answer any questions that the panel of judges might have for you and your idea
What Can I Win? 1st Place Winner $5,000 2nd Place Winner $2,500 3rd Place Winner $1,000
Bonus: Best Presentation Award
How Can I Prepare?
We're hosting a "CRAFT YOUR PLAN" workshop on Thursday, May 2nd to show you how to turn your idea into an actual FastPitch business plan.
We're also hosting a "Perfect Your Pitch" workshop Thursday, May 9th to perfect your 90 second pitch before the big FastPitch event on Tuesday, May 28th.
How Can I Spend My Winnings?
Now we're talking! Believe it or not, there are no restrictions on the way you can use the money! you can go on a vacation, pay for your tuition, or buy a computer. More importantly, though, you will have the opportunity to leverage that money and launch your business idea into something that can create value in the world for your customers and yourself...We're talking serious wealth building opportunities.
If you have more questions please contact the Global Center for Innovation & Entrepreneurship Executive Director Rob Carpenter at firstname.lastname@example.org.
Since this is our Initial year, It will only be offered to California State University Los Angeles Students.
When & Where
Global Center for Innovation & Entrepreneurship