Concept+Pitch+Competition

=****University of Alabama**** **Entrepreneurship Program** = **Capstone Concept Pitch Competition** **Cash Prizes!** **Monday, February 20 2012** ** www.uaentrepreneur.com ** The University of Alabama Entrepreneurship Institute will be hosting the first annual Capstone Concept Pitch Competition on **Monday February 20, 2012.** The competition will coincide with the University’s Entrepreneurship Week Celebration. Participants in the competition will have 2 minutes to pitch their new business to a panel of judges that will include private equity investors, successful entrepreneurs and other experts in the field of Entrepreneurship. The competition will be limited to 12 teams and cash prizes of **$500**, **$200**, and **$100** will be awarded to the first, second, and third place winners, respectively. To be eligible at least one team member must be currently enrolled at The University of Alabama. The competition is open to all types of products/services but current University of Alabama students must own a significant percentage (>30%) of the equity of the business or concept being pitched. Pitches will be judged on presentation quality, explanation of the business concept, and the quality of the proposed project and the market/commercial potential of the opportunity.

Interested participants should declare their intent to participate no later than February 13, 2012 5:00 pm CST by sending an email stating their intent to compete to Professor Lou Marino at ** bplan@cba.ua.edu **. The email should include the businesses name, team contact information, (Phone & email) and a brief (1 page single spaced) description of the company including a discussion of: Up to 12 concept pitches will be chosen for presentation on **Monday February 20, 2012**. Students whose pitches are chosen for the final competition will be notified by email no later than **Wednesday, February 15 2012**. For additional information please contact:  www.uaentrepreneur.com
 * //The Opportunity// including the problem your business addresses, the product/service you will offer, the target market, how your product/service will solve the problem, and how will it create and capture value.
 * //The Market// a clear identification of who would want to buy the product and an estimation of how large the market is in terms of dollar value, or number of potential customers.
 * //The Products or Services// including a description of products/services, and any potential competitive advantages of the products/services.
 * //The Technology//, if applicable, including an identification of the stage of development, who owns the technology, and any licensing agreements that may be in place. This needs to be clearly defined for any technology which the presenting team does not currently own 100% of the intellectual property.
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