Startup Week and Elevator Pitch Welcomes Entrepreneurs!

by   |  12.09.14  |  Academics, COBA Alumni, COBA Events, Entrepreneurship, Griggs Center, Springboard

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In November, the Griggs Center for Entrepreneurship and Philanthropy hosted the first annual Startup Week. The CEO student organization along with the Griggs Center were busy with several activities during the week, including an Alumni Entrepreneurship dinner on November 18, a CEO chapel on the 19th with guest speaker Toby Thomas, and ending with the final Elevator Pitch competition after the chapel. The goal of the Springboard Elevator Pitch competition was to get students to create and present their idea, giving them the opportunity to gain real experience working with entrepreneurs. Three weeks prior to Startup Week, participants presented their Elevator Pitch ideas in front of a group of local entrepreneurs and ACU faculty members and learned how they would be judged as well as the deadlines for the competition. At the dinner on November 18, the 10 finalists were announced. The next day, the pitches were heard and the winner received $1,500 cash for the idea.

The winner of the Elevator Pitch was COBA major, Colby Hatchett, a junior marketing major from Fort Worth. His idea was The Mullet, a restaurant concept where parents could enjoy a nice meal at the front of the restaurant while their children would be fully taken care of in the back of the restaurant. After the pitch, Colby said he was incredibly grateful to meet entrepreneurs working in the marketplace and gain real experience from the competition.

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Rudy Garza, President of CEO, was excited that students were able to meet and connect with ACU alums and other entrepreneurs. At the dinner, students were seated at tables with the entrepreneurs and were able to hear their stories and advice for those considering entrepreneurship as well as making valuable connections for potential career opportunities. When asked the effect of COBA with the Elevator Pitch, Rudy said, “Because the classes are smaller and the quality of the faculty is excellent, COBA students always excel in the Springboard Challenge competitions. The presenters are stronger and seem comfortable speaking in front of the crowd. Through the interactions between professors and students, students gain major insight into what entrepreneurship looks like, which is incredibly beneficial for them in this case.”

Overall, the competition was a great success. Some unique ideas were presented during the pitch and it was great to have so many ACU and COBA alumni back on campus. COBA is proud to see such amazing business and Christian leadership in the marketplace. Again, congratulations to COBA student, Colby Hatchett, on winning the competition!

 

“The Springboard Challenge is a great enhancement to COBA’s culture of ideation, creativity, and innovation. This competition pushes our students and culture in a good way!” says Dr. Rick Lytle, Dean of the College of Business.