NEWS ADVISORY: Pace University to hold ninth annual Pace Pitch Contest, Thursday, April 18

Pace University’s Lubin School of Business will hold its ninth annual Pitch Contest on Thursday, April 18 at the University’s lower Manhattan campus. The event is presented by Lubin’s state of the art Entrepreneurship Lab (E-Lab), which opened in February 2012.

MEDIA ADVISORY

Pace University to hold ninth annual Pace Pitch Contest, Thursday, April 18

Student entrepreneurs to deliver new business concept presentations to a distinguished panel of judges

New York, April 9 – Pace University’s Lubin School of Business will hold its ninth annual Pitch Contest on Thursday, April 18 at the University’s lower Manhattan campus, east of City Hall and six blocks from Wall Street. The event is presented by Lubin’s state of the art Entrepreneurship Lab (E-Lab), which opened in February 2012.

The Pace Pitch Contest is based on the ‘elevator pitch’ concept, popular in the venture capital community. It is an extremely concise presentation of an entrepreneur’s idea, business model, marketing strategy, competitive analysis, and financial plan, which is delivered to potential investors. The premise is that it could be made in a few minutes, should the entrepreneur spot a potential investor on an elevator and have the opportunity to pitch their idea during the brief ride.

Six finalists have been selected to compete:

B100 Production Facility will provide Jamaican businesses and citizens with a cheaper alternative to high-priced petroleum diesel by producing B100 (100% biodiesel) and reduce their carbon footprint.

Nova Software will provide point of sale systems and software to small and medium sized businesses in the food and beverage industry.

Nuque Tie New York makes reversible ties — one side for the boardroom, the reverse for a night on the town. Nuque Ties come in three variations: the Wall Street, the Park Avenue, and the Broadway.

SAI is developing software to analyze every type of information online relating to a specific publicly owned company and offer tools to help analyze the information.

Trendytres is a fashion discovery online platform that recommends matching clothing items, accessories, makeup combinations and hairstyles based on user’s interests and personal selections.

Wrangle Sports is a mobile phone and tablet application targeting sports fanatics of all major league sports, allowing them to debate about their favorite teams using statics with a community of sports fans. Do you play poker online? Have a look at NJ Poker to view list of legal online poker sites.

Each finalist will have exactly three minutes to pitch their new venture idea to a distinguished panel of judges. Panelists include Mark A. Herschberg, CTO, MadisonLogic; Charlie O’Donnell, Partner, Brooklyn Bridge Ventures; Stephen Sokoler, President & CEO, Altrum Honors; and Michael Vesey, CFO, Majesco.

“The Pace Pitch Contest is an exciting opportunity for students to demonstrate their creativity, business acumen and presentation skills,” said Professor Bruce Bachenheimer, organizer of the event. “It’s also a fun and fast-paced experience for the audience. Watching the finalists pitch and listening to the judges’ questions and feedback provides unique and valuable insights.”

The event will be held on Thursday, April 18 at One Pace Plaza, Multipurpose Room, New York City campus, from 5:00 p.m. to 8:00 p.m.  Cash prizes will be awarded to the winners.

Agenda:

5:00 – 6:00 – Registration and Networking

6:00 – 7:15 – Finalists make their Pitch

7:15 – 7:30 – Break (Judging Panel selects the winning pitches in private)

7:30 – 8:00 – Awards Ceremony and Networking

About the Lubin School of Business at Pace University: Globally recognized and prestigiously accredited, the Lubin School of Business integrates New York City’s business world into the experienced-based education of its students at Pace’s suburban and downtown campuses, implemented by the region’s largest co-op program, team-based learning, and customized career guidance. Its programs are designed to launch success-oriented graduates toward upwardly mobile careers.  www.pace.edu/lubin

Media contact:  Bill Caldwell, Pace, 212-346-1597, wcaldwell@pace.edu

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Crain’s New York Business: “6 ways to solve tech talent crunch”

. . . “We don’t have a jobs crisis,” said Bruce Bachenheimer, clinical professor of management at Pace University. “We have a skills crisis.”

. . . “We don’t have a jobs crisis,” said Bruce Bachenheimer, clinical professor of management at Pace University. “We have a skills crisis.”

. . . Last spring and fall, about 700 students attended sessions at seven schools run by representatives of more than 40 startups. “This is a way to take a lot of small companies and leverage them, so you’re recruiting for a collection of cool startups,” said Mr. Bachenheimer. “It’s an economies-of-scale thing.”

Read the article in Crain’s New York Business.

Sydney Morning Herald: “Lose the tickets on yourself to make it in the States”

. . . “It’s really about the entrepreneurial ecosystem in regions of the US,” said Bruce Bachenheimer, professor of management at Pace University in New York. “Silicon Valley, Boston and Cambridge, New York City, the Research Triangle in North Carolina, and Austin Texas. Learn how to plug yourself into that.”

. . . “It’s really about the entrepreneurial ecosystem in regions of the US,” said Bruce Bachenheimer, professor of management at Pace University in New York. “Silicon Valley, Boston and Cambridge, New York City, the Research Triangle in North Carolina, and Austin Texas. Learn how to plug yourself into that.”

Bachenheimer said there’s a difference in American perception between doing business with a company in Australia and doing business with an Australian in the US.

“We see an Australian in America pretty much the way we would view anyone else,” he said. “All kinds of successful businessmen, entrepreneurs, professors, and doctors are from overseas. If they had the wherewithal to make it to the US and are successful, good on them.”

Read the article in the Sydney Morning Herald.

Transformational CIO blog: “Professor of Innovation”

. . . In a lengthy interview, Bruce Bachenheimer, Clinical Professor of Management at Pace University’s Lubin School of Business and Director of the University’s Entrepreneurship Lab, outlined some of the reasons he’s passionate about innovation and entrepreneurship.

. . . In a lengthy interview, Bruce Bachenheimer, Clinical Professor of Management at Pace University’s Lubin School of Business and Director of the University’s Entrepreneurship Lab, outlined some of the reasons he’s passionate about innovation and entrepreneurship.

Read a summary of what he said in the interview.

IndustryWeek: “Creating the Entrepreneurial Company”

. . . “It is incredibly important in today’s hypercompetitive environment where technology and the macro-economy are changing so quickly that companies think much more entrepreneurially,” says Bruce Bachenheimer, clinical professor of management at Pace University.

. . . “It is incredibly important in today’s hypercompetitive environment where technology and the macro-economy are changing so quickly that companies think much more entrepreneurially,” says Bruce Bachenheimer, clinical professor of management at Pace University.

Read the article in IndustryWeek.

NYConvergence: “MITEF: Clear, Concise and Convincing”

. . . Bruce Bachenheimer, Pace University director of entrepreneurism and a member of the board of the MIT Enterprise Forum, attended with his graduate business development class. He wanted them to see what he called “actual” companies presenting their business plans.

. . . Bruce Bachenheimer, Pace University director of entrepreneurism and a member of the board of the MIT Enterprise Forum, attended with his graduate business development class. He wanted them to see what he called “actual” companies presenting their business plans. “When you do it in the classroom, there is an academic part of doing research and looking at databases,” he said.  “I hope they see what a “real” presenter would look like – someone who has done a lot of pitching, probably has received a seed round or doing an A round now, have polished their pitch and have actual technology.”

Read the article by NYConvergence.

U.S.News & World Report: “10 Work-Life Balance Tips for MBA Students”

. . . Limit TV watching: If you insist on having a television, store it in a closet and only bring it out for must-see programs, says Lubin management professor Bruce Bachenheimer. But that doesn’t mean have no fun.

. . . Limit TV watching: If you insist on having a television, store it in a closet and only bring it out for must-see programs, says Lubin management professor Bruce Bachenheimer. But that doesn’t mean have no fun.

“Eat, drink, and be merry without feeling guilty,” he says. “Work hard for that time to relax and savor it.”

Read the article by U.S.News & World Report.

Toginet Radio: “Pace Prof. Bruce Bachenheimer Talks Entrepreneurship”

Listen to an interview with Pace professor Bruce Bachenheimer on entrepreneurship, highlighting the Pace Pitch Contest, Business Plan Competition and a new Entrepreneurial Implementation course where students launch a new venture during the semester.

Listen to an interview with Pace professor Bruce Bachenheimer on entrepreneurship, highlighting the Pace Pitch Contest, Business Plan Competition and a new Entrepreneurial Implementation course where students launch a new venture during the semester.

WPIX-TV: “Working Woman Report”

Bruce Bachenheimer, Director of the Entrepreneurship Lab and Clinical Professor of Management at Pace University¹s Lubin School of Business, appeared on the premier of ‘Working Woman Report,’ a lifestyle show which explores female inspired businesses and entrepreneurship.

Bruce Bachenheimer, Director of the Entrepreneurship Lab and Clinical Professor of Management at Pace University¹s Lubin School of Business, appeared on the premier of ‘Working Woman Report,’  a lifestyle show which explores female inspired businesses and entrepreneurship.

Crain’s New York Business: “Women entrepreneurs smash an old barrier”

. . . “Men have always seen themselves as breadwinners: ‘If I’m working day and night, I’m supporting my family,’ ” said Bruce Bachenheimer, clinical professor and director of entrepreneurship at Pace University. “Women [working that hard] saw themselves as not doing a good job for their families. That is starting to change.”

. . . “Men have always seen themselves as breadwinners: ‘If I’m working day and night, I’m supporting my family,’ ” said Bruce Bachenheimer, clinical professor and director of entrepreneurship at Pace University. “Women [working that hard] saw themselves as not doing a good job for their families. That is starting to change.”

Read the article in Crain’s New York Business.