Spring 2019 Pitch Competition

The Bold IDEAS Pitch Competition is designed to explore innovative approaches to answering pressing sustainability and societal needs.

The competition is open to High school students, and college students around the Greater Houston Area. All qualifying student projects to be presented and awarded at HCC District Administration Building.

All IDEAS are welcome.

 

Information & Training Sessions are student-driven events where high school, college students, HCC alumni gather to foster entrepreneurship, innovation, and technology.

If you’re a "do-er" with big ideas, whether crafter, artist, inventor, maker or entrepreneur, attend these educational training workshops! many of the training sessions are offered by community partners who can help move ideas forward with their mentorships. Registration required to attend.

Training Sessions

Training sessions are listed on www.stthom.edu/Bold-Ideas

 

The criteria are based on solving the societal need that has high impact (affects many), sustainable (Eco-friendly/Green), creates value or fills a gap, and can (or has) be prototyped, tested, or validated.

Ideas will be judged on the following primary criteria:

• Social Impact (Number of people impacted or lives affected)
• Economic Impact (value creation)
• Environmental Impact (Sustainability/Green Footprint)
• Completeness of the Idea (Feasibility/Thoughtfulness)
• The originality of Idea (Ownership/IP by the student(s))

 

1. Write an essay about the concept or idea

• PROBLEM

When you are looking to launch a new product or service into the market, you need to sure that it solves a problem and preferably several problems. 

• SOLUTION

What are the key features of your solution? What makes your product unique and what are the distinguishing characteristics that make your product or service appealing to potential buyers?

• KEY METRICS

This refers to the key activities that you measure. Examples are things like new customer leads, number of new users, potential size of the market, level of market penetration, market share, revenue per customers, etc. They refer to the kinds of data that investors and owners of the business would be interested in.

• COST STRUCTURE (Optional)

List out the costs of running your business and this can include customer acquisition costs, operational costs, distribution costs, back-end costs like hosting, etc.

• UNIQUE VALUE PROPOSITION

This is a clear and concise message that states why someone would care about what you are doing.

• UNFAIR ADVANTAGE (Optional)

What is your clear and competitive advantage? What is it about your product or service that can’t be copied?

• CHANNELS

How are customers going to buy or engage with your product?

• CUSTOMER SEGMENTS

Who wants to buy your product? What do they look like? Where do they live? What needs must they have?

• REVENUE STREAMS

How are you going to generate revenue? What is the lifetime value of your customer? What margins do you need to be profitable?

2. Provide a Visual Concept of the idea, if applicable

• 3d Printed Sample or design
• Photo/Drawing/Other

3. Develop a short video pitch (Optional - but recommended)

• Post it on YouTube as a public video or an unlisted video