“They will give ideas to help participants improve and then give constructive judgments based on the scoring criteria.”
This criteria includes questions regarding the target market, an overall objective, solutions, and if it is competitive. Participants should come prepared with a well-rehearsed five-minute pitch, and problem-solving solutions.
Following the initial pitch, judges will follow up with a three-minute question period. Once the first round concludes, judges will select the top five that will move on to finals. They will then pitch their ideas once more before the winners are chosen.
The top three winners of the competition will each leave with a $5,000 cash prize, to be invested into their business or idea; the rest will receive a six-month mentorship.
“We will follow up on them, we will ask, ‘how are they doing? What are they doing? What are the results?’,” she added.
Oyebanji hopes this will help to show aspiring local entrepreneurs that a small idea can turn into something big.
“I want a space that supports entrepreneurship, that supports businesses and freelancers. We are promoting the spirit of innovation; we are promoting the spirit of entrepreneurship. We don’t want students to just have ideas that just go away.”
“Let’s do something together to push North Bradford to the next level.”
To register for the upcoming North Battleford Innovation Hub pitch competition on March 20, click here.
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Alyssa.rudolph@pattisonmedia.com