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$35,000 in Prizes

Led by the Entrepreneurs’ Club, The Elevator Pitch Competition showcases the University of Ottawa’s top startups.  As part of Global Entrepreneurship week, this competition allows those in businesses and social ventures with “traction” as well as entrepreneurs that are still in the early stages of validating or those who just have an idea to pitch to a panel of judges and win prize money and professional services. The online event will also include a keynote speaker who will share their personal successes and struggles as an entrepreneur.

Applications must be submitted by November 1, 2020 11:59 pm and includes both a written application and a 2-minute video pitch submission.  If you are chosen as a finalist, you will have an opportunity to resubmit your video for the final event.

Final Event Date: Online November 17th, 2020 at 5:30 pm

Categories

IDEA STAGE (3 FINALISTS)

This category is designed for students who want to pitch their idea, benefiting from the pitching experience and the questions and feedback from the judges. To compete in this category you cannot have realized any traction to date such as sales or external funding, nor have you developed a final prototype or beta version. You may have started customer validation, but it’s really just an idea at this point!

Prize: $1,000 for 1st place and professional services as described in the Eligibility Criteria and Competition Details.

VALIDATION COMPETITION (3 FINALISTS)

This category is designed to encourage and reward significant validation efforts to date. These ventures are beyond concept and work is well underway to validate or build early prototypes (though customer validation is enough to enter). It’s more than just an idea, but you aren’t really rolling with customers yet, perhaps an early sale or beta client. Applicants are beyond the idea stage and will:

  • Have customer validation well underway, and possibly prototypes, websites and/or beta sales.
  • Not have recurring revenue, multiple or sustained sales.
  • Not have received external equity funding.

Prize: $3,000 for 1st place and professional services as described in the Eligibility Criteria and Competition Details.

TRACTION (3 FINALISTS)

This category is designed for applicants whose business is further along the entrepreneurial path with their business operational or science/invention ready for commercialization. Applicants in this category already have some form of traction with their business that may include:

  • Recurring or sustained sales, the business is operational.
  • Science or invention is ready for commercialization.
  • Strategic partners established.
  • Acceptance into or completion of an accelerator or incubator program.
  • External equity funding.

Prizes:

$10,000 for 1st place and professional services as described in the Eligibility Criteria and Competition Details.

$4,000 for 2nd place and professional services as described in the Eligibility Criteria and Competition Details.

$1,000 for 3rd place and professional services as described in the Eligibility Criteria and Competition Details.


Applications must be submitted by November 1, 2020 11:59 pm and includes both a written application and video pitch submission.

For more information contact daze@telfer.uOttawa.ca.

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