= Overview =
1000 Pitches is an entrepreneurial competition started by the its founders, Ashwin L. and Israel V. They saw what As great ideas were coming developing out of the Bay Area (2007) , both Ashwin and Israel realized that if the University of Michigan wanted to keep up with the entrepreneurial methods, they would have to bring their ideas back to Ann Arbor, Michigan. Soon afterthis realization, they Ashwin and Israel created a student organization called MPowered Entrepreneurship and , as a student group, generated the group then came up with an event called 1000 Pitches.
The idea of behind the 1000 Pitches event is to get students to "Pitchpitch" his or her their entrepreneurial idea in a short clip on the internet . Pitches are divided into nine categories and winners are then winners were elected in each of the categories on certain days. ItEach winner is awarded with $1,000 and must be currently enrolled at either University of Michigan - Ann Arbor or Pennsylvannia State University. 1000 Pitches is Ashwin and Israel's a really neat idea on bringing to help bring innovation back to their campus and since it is currently in their 6th its sixth year, they have done very well(2013).
= Purpose =
The MPowered Entrepreneurship student organization is aimed at getting people's minds set on Entreprenurship achieving an entrepreneurial mindset and brings them to bring students together to be a part of something different. The idea is that at either University of Michigan - Ann Arbor or Pennsylvannia State University an event is held for students that are currently enrolled at the universities.It has been a great way create innovation and entrepreneurship on those both campuses as well it instills a sense of pride in the on campus and in the students that are selected as winners in the groups of submissions. It has a large impact on the student body around the time of the competition and students all over campus are wearing their "1KP" shirts, which work as advertising for the competition. 1KP hold "Pitch Stations" to give out merchandise to students who have pitched or need information on how to pitch, which works great as source of information. This competition is a great way to network as well as it is fun to see all of the different videos. Currently, the pitches are being submitted and the goal is to reach over 4500 pitches (remember each person can only pitch 3 times).
= Distinct Differences From Other Offerings =
<u>Business model competition:</u>
•Business *Business model - does it suit consumer needs?*Process and validation*Tool students use*Adapt and change canvas - constantly evolving business model*Polish entrepreneurial ideas to have a successful process*1st place gets $25,000 (28 awards available)*Well-funded
•Process and validation
•Tool students use
•Adapt and change canvas - constantly evolving business model <u>1,000 pitches:</u>
•Polish entrepreneurial ideas * 30 seconds to have a successful process3 minutes to pitch an idea* Best pitch wins $1,000* 8 categories (winner per category)* Help create innovation on campus in Pen state, University of Michigan (local, not international)
•1st place gets $25,000, 28 awards
•well funded
<u>Engineers Without Borders:</u>
*Manage international engineering projects - worldwide impact
*Relationships with other cultures
*Create engineering designs
*Lead and follow through with their designs
*manage an organization - finances, fundraising, and relationships with faculty and donors
*Get away from crunching numbers at a desk and work on real live projects
*5 year project commitment
1,000 pitches: •2 - 3 minutes to pitch an idea •Best pitch wins $1k •Help create innovation on campus in Pen state, University of Michigan (local, not international) •8 categories - $1k each November 8 Engineers Without Borders: •Manage international engineering projects - worldwide impact •Relationships with other cultures •Create engineering designs •Lead = Impact Achieved For Students and follow through with their designs •manage an organization - finances, fundraising, and relationships with faculty and donors •Get away from crunching numbers at a desk and work on real live projectsCampus =
•5 year project commitmentMPowered Entrepreneurship and 1000 Pitches have a very positive impact on the University of Michigan campus. In just their first semester (Fall 2007), MPowered held its own career fair, secured a community of over 700 students and built strong relationships with supporting faculty, alumni, and business leaders ([http://1000pitches.com/content/about http://1000pitches.com/content/about])<span style="font-size: 12px">. University of Michigan's MPowered Entrepreneurship student group is continually signing up new members each semester. It also has a large impact on the student body around the week of the competition. Students all over campus take pride in wearing "1KP" shirts, which also aids in promoting the organization and competition. 1KP places "Pitch Stations" across campus to give out merchandies to students who have previously entered or need information on how to pitch, which works great as a source of information. The 1000 Pitches event is still in the early stages for Penn State.</span>
= Impact Achieved For Students and Campus Notes About How the Event is Accomplished =
Working on getting pictures since The event occurs over the duration of one semester and restarts in the videos fall of each academic year. The competition trains student judges, typically about 22 per competition, and each student will judge pitches as they are not able to be posted or i have not figured out how to get them postedsubmitted throughout the week. This seems to have Each student judge has a great positive impact on the U quota of M campus150 per week. From this process, it is still early in each pitch will actually be judged three times before the Penn State version of this endeavorfinale. The U summit is where the top 200 pitches come together for a large social gathering and from there the sponsors of M has over 700 students in its MPowered Group as well as signing up new members 1KP will choose the winners for each semesterof the categories.
= Steps Required To Bring Resource to Campus =
First you You would have need to reach out to contact Diego Calvo since he is the Co-Director this semester , whom is in charge of judging team jugding as well as the expansion of the idea of 1KP, they are interested in other schools teaming up with them like for example Penn State, They need to see you have great Entrepreneurship team on campus and want to see you excited to expand the idea of Entrepreneurship.
Notes about how the even is accomplished. The event last for one semester and they restart in the fall each year, they have trained student judges around 22 and they MPowered Entrepreneurship will judge pitches as they come in each week. Each student judge has a quota of 150 per week need to watch and judge. From this each pitch will be judged 3 times before the finally. The summit is where the top 200 pitches come together for see you have a large social gathering great entrepreneurship team on campus and from there also your excitement in expanding the sponsors idea of 1KP will choose the winners for each of the categoriesentrepreneurship and innovation across your respective campus.
= Contact Information =
Diega <span style="font-size:larger">Diego Calvo</span> Diego Calvo <<br/>''Co-Director of 1KP<br/>calvod@umich.edu>''<br/>'''[http://1000pitches.com/ http://1000pitches.com/<br />http://mpowered.umich.edu/home/ http://mpowered.umich.edu/home/]'''
Co-Director of 1KP[[Category:Organizations]]