Entrepreneurs pitch bright ideas for business

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Entrepreneurs pitch bright ideas for business


12 June 2014

USC's Innovation Centre is once again calling on the region’s entrepreneurs to deliver their best business pitch and vie for more than $20,000 in prizes.

Innovation Centre Sunshine Coast CEO Mark Paddenburg said the centre’s annual Business Pitch Competition was now in its third year and all set for continued growth.

“There had been a huge amount of interest in this year’s competition since its recent launch at the Sunshine Coast Business Expo,” Mr Paddenburg said.

“We are inviting business people in the Sunshine Coast and Wide Bay regions to upload a two-minute video pitch as their initial entry.

“The video should tell us about the venture, its business model and marketing opportunities, how it’s different from its competitors, and why the person who is pitching it is the right person to manage it.”

This year’s competition has an “Investment” category as well as the existing “Concept” category, meaning both established and new businesses can contend for a share of the $20,000 prize pool.

“We’re excited to include the two categories,” Mr Paddenburg said. “It reflects that pitching is relevant to entrepreneurs at any stage of a business’s development.”

The competition has attracted a diverse range of businesses since its inception. Last year’s winner was pet and horse treats manufacturer Huds and Toke, while runner-up was Victus Health, a company using a cloud-based platform to provide healthcare practitioners with a system to deliver nutritional advice.

This year’s Concept category has a prize package that includes cash, access to shared office space, business development services and professional consultations. Finalists in the Investment category will be connected to the growing pool of local investors and other venture capital connections.

Entries are open until Friday 25 July. Those seeking assistance are encouraged to attend a best practice pitching workshop on Tuesday 24 June.

– David Cameron

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