Wisconsin Technology Network News, 11.10.08
Imagine the challenge of describing your new company, its unique technology, leadership team, and financial need, during a chance elevator encounter with a potential investor. You need to provide a lot of information in a crystal-clear fashion before the investor gets off.
Efficiency and clarity rule during such opportune encounters, and this is the idea behind the Elevator
Pitch Olympic competition, a highlight of the Wisconsin Early Stage Symposium.
This year, two early-stage companies that are developing medical products emerged victorious. Greg Dokter, founder of ByzMed, LLC won in the first category, which was for investors were most likely to invite entrepreneurs to further talks. Bonnie Reinke from Eso Technologies won the second category, where investors were likely to read entrepreneurs' business plans.
Imagine the challenge of describing your new company, its unique technology, leadership team, and financial need, during a chance elevator encounter with a potential investor. You need to provide a lot of information in a crystal-clear fashion before the investor gets off.
Efficiency and clarity rule during such opportune encounters, and this is the idea behind the Elevator
Pitch Olympic competition, a highlight of the Wisconsin Early Stage Symposium.
This year, two early-stage companies that are developing medical products emerged victorious. Greg Dokter, founder of ByzMed, LLC won in the first category, which was for investors were most likely to invite entrepreneurs to further talks. Bonnie Reinke from Eso Technologies won the second category, where investors were likely to read entrepreneurs' business plans.