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The annual COSE Business Pitch Competition allows aspiring small business owners the opportunity to sell their idea and gain valuable insight from successful small business owners. Each idea entered is evaluated based on monetary growth-potential and overall strategic plan.
Those with the strongest ideas are chosen as finalists to present their idea at the Small Business Convention to a panel of experts and over 200 members of the small business community. All finalists will receive a cash prize, but the winner will walk away with $20,000 for initial funding.
Entrepreneurs with a savvy business idea or proposition are invited to apply to the COSE Business Pitch Competition. Each applicant must be in business for less than 2 years and the total gross annual revenue does not exceed $250,000.
Each applicant must provide an Executive Summary of the business or idea. The Executive Summary has a 2-page maximum and must include the following:
- Product or service description
- Target market and size of market
- Business model (explanation of the venture’s monetary growth plan)
- Key resources (patents, design, etc.)
- Management team, their experience and current responsibilities
- Value proposition
Applicants must also submit a 2-minute video pitch. The video should complement the executive summary and impress the business pitch judges with the value proposition of the idea or organization. All videos will be judged on content, not quality.
Deadline to apply is Thursday, March 26, 2015 at midnight. Please note the deadline is final. Late and incomplete submissions will not be accepted.
To apply: https://app.decisiondesk.com/clients/cose2015/apply
Semi-finalists will be notified on April 3, 2015. The semi-finalists will present to our judges during our formal pitch day on April 15th at the COSE offices. The panel will then select the 4 businesses that will move onto the final round presenting their idea to the expert panel at the Business Pitch Competition Finale Event.
The 5th Annual Business Pitch Competition Finale Event will take place on May 8, 2015 at Music Hall in Cleveland Public Auditorium. Each business owner will have 15 minutes to give their pitch followed by in-depth questioning from our panel of experts. Following the pitches, the experts will identify the top pitches awarding each winner with prize money to help develop and build their concept. First prize wins $20,000, second prize wins $10,000 and third and fourth prize each walk away with $5,000.
Interested in attending the Fifth Annual Business Pitch Competition Finale event to see what unique concepts our finalists have come up with? Visit cose.org/events to register.
Learn more about the winners of the 2013 and 2014 Business Pitch Competition.