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
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 April 2019 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 twenty (20) applicants will qualify to participate in the IMSA Power Pitch Competition on the basis of attendance at Monday Night INC. Café preparation and pitch practice sessions. Qualifiers will be announced in late 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 twenty qualifiers each pitch a minimum of two times to investors on March 28, 2020. Based on investor scores, six finalists pitch a third time for cash prizes. Three prizes will be awarded: $1,500, $1,000 and $500.
- Business Model Canvas
- Mentoring & Coaching
- Online Learning Classroom
For more information contact: Steve Goldblatt, Entrepreneurship Program Manager. Steven and Jamie Chen Center for Innovation & Inquiry (IN2)