About

The Rose Francis Elevator Pitch Competition is held annually in the fall and is open to all University of Iowa students serious about starting and growing a business. Student presenters will have the opportunity to pitch their idea to a group of business professionals and receive feedback. There are two days of competition.

Day one is for early stage companies who have not achieved revenue (or won $1,000 or more in business competitions). Student presenters will pitch their business idea to a panel of judges who are business experts from outside the university. The judges will determine who gets seed capital.

Day two of the competition is for companies with revenue (or who have previously won $1,000 or more in business competitions). Student presenters will pitch their business idea to a panel of judges are business experts from outside the university. The judges will determine who gets seed capital.

Awards

A total of $45,000 in cash prizes will be awarded throughout the two day competition. This competition is co-sponsored by Iowa JPEC and the Starman Foundation.

All seed money will go to companies rather than individuals and be used to launch and grow a company. Each winner will be required to complete a high level plan for how the money will be used. Leaders of the Iowa JPEC Founders Club will be following up with each winner to ensure and enable the effective use of the seed capital. For some of the larger awards, half of the money may be awarded soon after the competition and the other half awarded after initial milestones are met.

Eligibility

Presenters must be enrolled in a class (undergrad, grad or Phd) within the University of Iowa and have a controlling interest in the company. A controlling interest for these purposes means the student must own all of the company or an equal portion to any other co-founder(s). If there is more than one owner of the company, the presenter(s) for the competition must be a University of Iowa student. Up to four representatives of the company may be in the room for presentations but only University of Iowa students may present.

NEXT STEPS

Please check back fall semester of 2018 to apply to the next Rose Francis Elevator Pitch Competition! 

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