IMSA Power Pitch is a STEM Business Idea Pitch Competition for students in grades 6 through 12 held on March 28, 2020. The competition is hosted by the Steven and Jamie Chen Center for Innovation & Inquiry (IN2) at the Illinois Mathematics and Science Academy (IMSA) in Aurora, Illinois.
Ideas do not need to be businesses that have launched but must include a value proposition (why would anyone want it?) for a significant population (who would want it?), address one or more of the UN Sustainability Goals and, as a potential business, show innovation, and feasibility. Businesses will be judged within three categories:
- Not for Profit
- Physical Product
- Digital Product
Register your idea online. You may register as an individual or team. Registration will open January 2020.
Registered applicants are invited to participate in IMSA Monday Night INC. Café (6 to 8 pm) from January to March 2020 for coaching. Applicants will also be given access to the IMSA Power Pitch materials to help prepare. The IMSA TALENT Youth Board and the staff in the Steve and Jamie Chen Center of Innovation & Inquiry (IN2) will be available to help applicants every Monday night.
The top thirty (30) applicants will qualify to participate in the IMSA Power Pitch Competition. Qualifiers will be announced in early March. Practice pitches may be done in person or videotaped. No pitch may be longer than five minutes. Practice pitches will be reviewed and scored by a panel of potential investors. Every pitch must:
- Identify the problem or market opportunity and the innovative solution
- Describe the customer segment(s) or population for whom this is intended
- Demonstrate a feasible plan for going to market and being sustainable (e.g., as an initiative or business)
Finalists & Prizes
The thirty qualifiers each pitch a minimum of two times to investors on March 28, 2020. Based on investor scores, nine finalists, three per category will pitch a third time for cash prizes.