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Michigan Business Challenge – Seigle Impact Track Finals
February 21 @ 9:00 am - 5:30 pm
Finals Schedule
Friday, February 21:
9:00 – 11:35 am MBC Track Finals (Seigle Impact Track, Innovation Track, Invention Track) Four finalists each track: 15 minute pitch, 15 minutes Q&A
12:30pm Winners of each track announced
1:30 – 3:15 pm MBC Best in Business Pitches (First place winner of each track) 15 minute pitch, 15 minutes Q&A
3:15 – 5:30 pm MBC Reception (lower level Ross building):
3:15 – 4:15 pm Team Showcase (all Track Finalists will table)
4:15 – 4:45 pm Elevator Pitch Competition (all Track Finalists)
5:00 – 5:15 pm Awards announced
The Track Finals take place in the morning from 9:00-11:35am. All twelve teams will pitch to a new panel of judges. Pitches will include business plan for 15 minutes, followed by 15 minutes of Q&A.
At 12:30pm, ALL TEAMS will be present when the winner of each track (and places 2-4) are announced. Those three winners will present again in the afternoon to a new panel of judges for a chance to win an additional $5,000 Best in Business Prize.
Every Finalist team will participate in the MBC Student Startup Showcase from 3:15-4:15 pm, where there will be tables and talking about each venture to attendees. There is a Showcase cash award to be won.
Every Finalist team will choose one team member to give a 60-second elevator pitch to the crowd. Yes, there are cash awards for this as well.
At 5:15, the winners of all awards will be announced, there will be big checks and lots of photos.
ALL portions of the day are open to the public.
Awards:
Here’s how the $100,000 in cash prizes is allotted:
$15,000 MBC track winner (one in each of the 3 tracks)
$7,500 MBC track runner-up (one in each of the 3 tracks)
$1,500 MBC track Finalists (two in each of the 3 tracks)
$5,000 OneMagnify MBC Best in Business Award
$5,000 Williamson Award for Best Business/Engineering team
$5,000 Sillman Undergraduate Award
$2,000 MIC Investment Committee Award
$500 MBC Showcase Award
$500 MBC Elevator Pitch 1st Place
$250 MBC Elevator Pitch 2nd Place
$100 MBC Elevator Pitch 3rd Place
$250 MBC Round Two Participation Awards (all teams who continue on in the competition will receive this award along with any additional awards)
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