2008 Wake Forest Elevator Competition
March 28 & 29, 2008 in Winston-Salem, NC
You've taught them how to plan, now let them pitch! Your students are invited to the
9th Annual Wake Forest Elevator Competition!
Our new format features both traditional and social categories. MBAs only for the
traditional competition, but the Social Entrepreneurship competition is open to
graduate- and undergraduate-level teams. This is an experience not to be missed.
Register today to reserve your place at the 2008 Elevator Competition.
MBA Business Plan Competition
Venture capitalists are notorious for short attention spans, and the quality of an entrepreneur's pitch - measured in both succinctness and appeal - is often the difference between gaining more face time and eventual funding. MBA student teams have two minutes to pitch their ideas to VCs. With one of the country's top purses and as an entry point for Moot Corp, the Wake Forest Elevator Competition is a wonderful opportunity for the best student ventures.
Learn more
Competition for Social Entrepreneurship
To meet a growing need, we're opening a second set of elevators specifically for socially minded entrepreneurs. For those ventures that solve a pressing social need, the social entrepreneurship competition is an excellent opportunity for entrepreneurs prepared to measure their success based on the triple bottom line: economic, environmental, and social. Undergraduate and graduate student teams are invited to apply.
Learn more
To apply, complete an application and upload your executive summary by Feb. 10.
Competition News
A conference full of VCs invited to Saturday's Dinner
The Angel Capital Association's Southeast Angel Conference, a meeting of dozens of angel investor groups, is being held at Wake Forest University on the same weekend as the Elevator Competition. All of the investors attending the conference are invited to attend the competition and the awards dinner Saturday night. Their attendance makes Saturday's dinner an excellent opportunity to network and pitch even after the competition.
Why Social Entrepreneurship?
Last year, 30% of our applications would have fallen into our new category of social entrepreneurship, including one of the finalists. We wanted to provide an avenue for those great social entrepreneurship teams to win. At Babcock, social entrepreneurship and social change are becoming part of our identity. Therefore, introducing a new competition for social entrepreneurship was a natural fit for both the Elevator Competition and our school.
In our own words: Elevator Blog
"Well, break's over and we're less than a month away from the executive summary submission deadline (which is Feb. 10)! Thanks to all who have registered so far for both the MBA and Social competitions. We're continuing..." Read more
QuickFacts
Held March 28 & 29 in Winston-Salem, NC.
Total prizes exceeds $105,000.
Up to 20 entries are chosen to compete in each category and each team receives a $1,000 award.
Pitch finalists give a 20-minute presentation to a panel of venture investors. Winners receive cash awards and professional services.
CheckOut
Twenty-seven stories - The trailer for a short documentary film directed by North Carolina School of the Arts student Jeff Giordano, this video follows teams as they compete in Wake Forest's 2007 Elevator Competition.
Stan Mandel, Ph.D., CPA, PE
Executive Professor
Director: Angell Center for Entrepreneurship
Babcock Graduate School of Management
Wake Forest University
PO Box 7659
Winston-Salem, NC 27109
336-758-3689
stan.mandel@mba.wfu.edu
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