PitchCamp
October 20th at okcCoCoParticipants will learn about successfull online startups, how to brainstorm startup ideas and how to fast pitch. Then, they will have 24 hours to come up with a viable plan for a new online business. The okcCoCo will stay open for 24 hours and provide space, soda, coffee and snacks to participants that are working on startup ideas. Each team will submit a brief executive summary of their plan to a panel of judges. The teams with the best plans will be selected to give their pitch at OpenBeta. The best pitch will win $5000 worth of cash and services to get their company started.
To participate, join ExtendedBeta.com, register for PitchCamp and then register for OpenBeta. Both events are free to attend if you attend PitchCamp.
Schedule
6pm: Speed Networking
The evening will begin with networking over drinks and food. A round of speed networking will give attendees the opportunity to meet many other attendees and learn a bit about them, their skills and interests.
7pm: Talks
The Mechanics of the 24 Hour Pitch
Vance Lucas,Founder of InvoiceMore.com
This talk will explain the 24 Hour Pitch goals, process, selection and judging criteria.
Ramping Up: Going From Project to Business
Jim Rogers,Director, Enterprise Services at i2E
This functionality-heavy discussion will be intended to help current and potential entrepreneurs understand the process by which they evaluate their ideas for business potential, how they form that business, and how they begin to build the case for their business.
How to Brainstorm Business Ideas
Derrick Parkhurst,Founder of okcCoCo
Everyone has startup ideas, but not many of them are viable ideas. How do you come up with good ideas? It involves creativity. Being creative isn't magic, it is a process - a process that you can learn to use to come up with startup ideas. We'll discuss creative brainstorming techniques to help you get ready for the 24 Hour Pitch.
Bootstrapping your startup
Piyush Patel,CEO/Founder, Digital-Tutors, a division of PL Studios
Starting with NO Funding? Most business startups rely on savings, shoe string cash management, family and friend investments, etc. The healthy sane way to approach using these sources and protect the family/friend relationships.
Investment Criteria for Entrepreneurs
K. Lawrence EppersonFounder of Black Mesa Consulting
Learn about the investment criteria that angel investors, seed funds and venture capitalists use to evaluate investment in technology startups.
An entrepreneur's experiences with venture capital firms and angel investor groups
Matt Johnson,Managing Member of uVizz
Get the low down on what it is really like to pitch your ideas to VC and angle investors.
Life balance and your startup
Gerald Buckley,Founder of Grocio
Business structure? Check....Next big thing? Check.... Funding? Check.... Life balance? Um, I'll be right back...
Starting with a Solid Legal Foundation
Shawn J. Roberts,Partner at Brown & Roberts, P.C.
In this presentation you will learn the basics of breathing life into a legal entity for your startup. I will discuss how to identify key contributors, determine equity and legal responsibilities as well as how to identify and protect intellectual property.
9pm: Preliminary Idea Pitches
This will be your opportunity to get up in front of other entrepreneurs and pre-pitch your ideas for a startup. This will help you find other people willing to help shape your idea into the winning one. Every good startup has a diverse team of people involved. Every good idea evolved from lesser ideas that proceeded it.
6pm, October 21st: Executive Summary Deadline
9pm, October 22nd: 24 Hour Fast Pitch Competition at OpenBeta
Imagine having only three minutes to tell someone about your idea for a new online start-up company. Imagine having just met your co-founders and only having had 24 hours to come up with your pitch. Imagine competing against a dozen or more teams for a cash prize that you can use to get your company off the ground.
Fast Pitch Awards
Judge Selected Winner
- Incorporation of the startup, provided by Brown and Roberts
- Commercialization funding assistance services, provided by i2E
- Business tax consulting and training services, provided by Cole and Reed
- Six months of coworking memberships, provided okcCoCo
- Plus $1000 toward startup expenses
Audience Selected Winner
- Three months of coworking memberships, provided okcCoCo
- Plus $250 cash award
Judging Criteria
TBA
Fast Pitch Panel of Judges
K. Lawrence Epperson,
Founder of Black Mesa Consulting
Piyush Patel,
CEO/Founder, Digital-Tutors, a division of PL StudiosFrequently Asked Questions
(Q) Why did you create the 24 Hour Pitch(A) To teach people how to start online businesses and motivate them to actually start one.
(Q) Can you really come up with a company in 24 hours?
(A) No, but you can get a great start. Getting started is the hardest part. We hope that after the pitch that your ideas continue to evolve and that you will eventually start up.
(Q) What if I have a full-time job and can't dedicate all my time to a startup?
(A) Don't worry, you don't have to dedicate all your time to a start-up, just some. Many people launch startup in their free time while holding down a full time job.
(Q) What if I don't have an idea for an online startup?
(A) No problem. Come to PitchCamp and we'll help you learn how to come up with one.
(Q) What if I don't know anyone?
(A) You'll have plenty of chances to meet lots of other people at PitchCamp.
(Q) What if I already have partners, can we work together?
(A) Yes. Absolutely. All of you should attend PitchCamp.
(Q) What if I already have an idea for an online startup?
(A) Great. Bring it, tell people, and convince them to help out.
(Q) What if I can't come up with an an idea to pitch?
(A) No sweat. Hopefully you'll learn a lot in the process and at PitchCamp.
(Q) What if I don't like the idea my team comes up with?
(A) Don't worry. You can walk away at any time. There is no commitment to follow through and start a company.
(Q) Who will/should be participating?
(A) Anyone interested in getting a taste of what it means to do an online startup including web designers, software developers, entrepreneurs, sales and marketing experts, SEO experts.
(Q) What if I've already launched a startup?
(A) Sorry, it's not qualified for the 24 hour pitch.
(Q) What if my idea isn't for an online business?
(A) Sorry, it's not qualified for the 24 hour pitch.
(Q) Can I just submit my proposal without coming to PitchCamp?
(A) No. Attendance at PitchCamp is required.
(Q) Does it cost anything to compete?
(A) You must register for OpenBeta in order to participate in the 24 Hour Pitch which costs $20.
(Q) Who owns the ideas that come out of PitchCamp and that get pitched at the 24 Hour Pitch?
(A) You and your partners own everything you create. The details are up to you to settle, just like they would be in any startup.