Small Business Development Center hosts business pitch competition

Brianna Marshall and Gigi Flynn

The University’s Small Business Development Center (SBDC) is hosting the Bucknell Business Pitch Competition for students interested in presenting ideas for new businesses.

“The goal of this event is to inspire student entrepreneurs here in the Bucknell community and give them an opportunity to prepare and practice a business pitch–a critical skill to have when launching a venture,” Steven Stumbris, director of the SBDC, said.

The competition is open to all University students who have an interest in business or entrepreneurship. Entries may be submitted individually or by a group and must include a five-minute presentation that creatively markets the business idea and plan. A private panel will judge the presentations during the preliminary round on Nov. 4.

The pitches will be judged based on multiple criteria, including innovation, comprehensiveness, and professionalism. Additionally, contestants can earn “bonus points” for using social media forums such as the Bucknell SBDC Facebook page and #BizPitch13 on Twitter.

BizPitch is now in its second year. Last year’s competition featured approximately 57 student entrees and $3000 total in prize money.

The SBDC is a federally funded resource on campus that provides free consulting to both students and members of the local community.

“We are a resource to those who want to start a business,” Stumbris said.

The SBDC organizes dinners for students with businessmen and businesswomen to talk about their respective experiences. It is celebrating its 35 year at the University this year.  

University students are encouraged to attend the final event on Nov. 18 in the Terrace Room. Applications for the Bucknell Business Pitch Competition are due by Oct. 18.

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