MEDIA ADVISORY: Contact: Bill Caldwell, Office of Public Information, Pace University, 212-346-1597, firstname.lastname@example.org
Admission by press credential.
November 9, 2006
Likely New Business Ideas to be Previewed
At Pace Pitch Contest Friday, November 17
Businesses of the Future in Three Minutes
Keynote speeches from Brooklyn Brewery Co-Founder Stephen Hindy, Sustainable South Bronx Founder and McArthur Fellow Majora Carter
WHAT: Ten ambitious finalists from Pace University and campuses including Harvard and Princeton, selected from over 70 applicants, will have exactly three minutes each to pitch an idea for a new business concept or a social venture to a distinguished panel of judges. Two of the winners from last year’s contest are now running the companies they pitched: Dina C. Tate (BlackBridalGuide.com) and Alan Siege (Small Business Management Consulting).
This is the Third Annual Pace Pitch Contest run by the entrepreneurship program at Pace University’s Lubin School of Business. The contest is based on the “elevator pitch” concept, popular in the venture capital community, in which an entrepreneur makes an extremely concise presentation of an idea, plus business model, marketing strategy, competitive analysis and financial plan, to a hypothetical potential investor spotted in an elevator. First Prize $1,000, Second $500, Third $250.
WHO: Keynote Speaker on Commercial Entrepreneurship: Stephen Hindy, Co-Founder and President, Brooklyn Brewery, and co-author of Beer School: Bottling Success at the Brooklyn Brewery. Keynote Speaker on Social Entrepreneurship: Majora Carter, Founder and Executive Director of Sustainable South Bronx and a 2005 MacArthur Fellow.
Judges: Hindy and Carter, plus Fred Aslan, Vice President, Venrock Associates; Thomas Mulligan, Relationship Manager, JPMorganChase; David S. Rose, Chairman, New York Angels; M. Bernard Siegel, CPA and Certified Professional Coach; Lori S. Smith, Partner, Goodwin Procter LLP.
Title Sponsor: JPMorgan Chase. Co-Sponsors: Maingear Computers, VMIX Innovative Media, MetroHorse, Chadwick Communications, Pace Alumni Council on Entrepreneurship.
WHEN: Friday, November 17, 2006, 1:30 to 6 p.m. Pitches at 2:50 p.m.
WHERE: The Michael Schimmel Center for the Arts, Pace University Downtown Campus, One Pace Plaza (entrance on Spruce Street between Gold Street and Park Row), New York, NY. Visit http://pace.edu/pitch/ for more information.