A large crowd in Fisher 135 was treated to a newly formatted Fourth Annual Bob Mark Elevator Pitch Competition Wednesday night. It was more realistic: the contestants had only 90 seconds to pitch their product, with elevator sound effects marking their beginnings and endings.
More than 20 teams did their best pitches, and the judges had some hard choices to make. Winning first prize and $1,000 was MyPaar (My Love), a dating website for India, created by physics PhD student Abhi Kantamneni. He also won the Audience Favorite Award and $200.
Kantamneni said he got his inspiration for the idea at 2:30 a.m. one morning, while immersed in another competition. “I realized that my other idea was no good, and I needed to follow one important part of a business model: think of the customer first.”
In spite of nearly double the number of contestants and added entertainment, the event still concluded in about an hour and a half, thanks to many hands that helped: SBE Instructor Michele Loughead and undergrad students Travis Beaulieu (physics and one of last year’s winners), Mason Pew (sound design) and Haley Carlson (marketing).
Read more at Michigan Tech News, by Dennis Walikainen.
The School of Business and Economics’ Bob Mark Memorial Elevator Pitch Competition was covered by the Detroit News recently.
From Tech Today.