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Scale-Up Pitch Challenge

July 15 @ 11:15 pm - September 20 @ 11:59 pm

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The National Black MBA Association challenge is a pitch competition designed to “Make Big Ideas Bigger” by encouraging our members to create startups that are scalable. We provide startups the unique opportunity to connect with early stage investors and venture capitalists who are ready to invest. Culminating at the 41st Annual Conference & Exposition in September, the winning team will be awarded a $50,000 Grand Prize, with additional to prizes for 2nd place and 3rd place as well as a People’s Choice Award.  If you think your startup embodies a “Big Idea” than this challenge is for you!   

The Application Deadline is July 15th, 2019.  

Submission Requirements

 Elevator Pitch

Participants will record and upload a 90-second elevator pitch to YouTube. You will be asked to include the YouTube URL in your application. Your elevator pitch should answer the following questions:

– What is your product/idea?

– Why is your idea scalable (i.e. what’s the market)?

– Why is your company better than competitors?

– What will you do with the $50K investment if you win?

– What does the NBMBAA® mean to you?

 Completed Business Canvas

Participants will download and complete the business canvas to upload with their submission. Download the business canvas on the Resources Page.

 Angel List Profile

Participants will create and complete an AngelList profile for their business. Click here to complete.

 Completed Submission Form

When you have all your other materials prepared, complete the Scale-Up Submission Form.

 NBMBAA® Membership

At least one member of each Scale-Up Pitch Challenge team must be an active member of the National Black MBA Association® to gain access to the submission form. Not a member? Join Now.

Prizes

The top three teams, selected by judges, will be awarded cash prizes. The audience will also the opportunity to vote for the People’s Choice Award winner, which will also receive a cash prize.

Regional Events

  • Midwest – Chicago, Illinois (Date: August 9)
  • East – Atlanta, Georgia (Date: August 16)
  • West – Los Angeles, California (Date: August 23)

   1st Prize: $50,000

   2nd Prize: $10,000

   3rd Prize: $1,500

   People’s Choice Award: $1,000

Details

Start:
July 15 @ 11:15 pm
End:
September 20 @ 11:59 pm