17 March 2016
NEF Pitch Pit - A Mid-Winter's Blast
Three entrepreneurs will each give a four-minute pitch of their business idea to a panel of investor judges in a “Shark Tank” format. Prototypes and visual aids are encouraged but no Power Point presentations. After each pitch, the judges will give detailed feedback and score the business. At the end of the evening, the person with the highest score will receive a $100 cash prize plus all additional prize money provided by the audience.
The three entrepreneurs, selected from a large pool of applicants are:
- Priya Ranjan Dass, Nirmal for Disruptive Eating - A mission-driven food vendor promoting 'disruptive eating,' to address obesity in the U.S. using Indian food and an app designed to enable low-income consumers to access healthy food.
- Arianna Carley, BraceSmart, - An implanted chip that analyzes the human blood stream, gathering data on oxygen levels, heart rate, blood pressure, glucost levels, Troponin and more.
- Walker McHue, PreDxion Bio - Profiling inflammatory responses with microfluidic immunoblotting
Pitch Pit Judges:
Scott Taylor, Commercialization Advisor at MI Tech Team where he advises and mentors tech startups in the area of technology commercialization, business planning for rapid scale up, technology road mapping, marketing strategy and raising money from angel and venture capital investors. Scott offers an in-the-trenches business, technical, and entrepreneurial background. Over the past year, he has advised over 50 tech startups on their commercialization plans. As one of two founders of Soloshot Inc, he served as president while the company scaled from an idea conceived on the beach, to a global brand with two product line generations, worldwide distribution, in-house production, in-house sales/marketing/R&D teams, and multiple issued patents. Scott holds a master’s degree in chemical engineering and a bachelor’s degree in naval architecture and marine engineering, both from the University of Michigan.
Anne Perigo, Associate Director at Zell Lurie Institute for Entrepreneurial Studies, serving a broad range of entrepreneurial students through the management of several co-curricular programs, advising, and coaching. She runs the Michigan Business Challenge, which is an annual campus-wide business plan competition spanning three months and four rounds of competition. Anne also runs the Venture Capital Investment Competition.
Kelly Lapierre, Managing Director at Desai Accelerator, a collaborative effort at the University of Michigan between the Zell Lurie Institute of Entrepreneurial Studies at the Ross School of Business and the Center for Entrepreneurship at the College of Engineering. Kelly oversees the accelerator's mission of providing the physical infrastructure, financial resources, and mentorship to support early-stage ventures as they reach the critical phase between early-stage development and the point at which they seek external investors.
Mark your calendar. The meeting opens at 5:00 pm with networking and appetizers. Around 5:45 pm, the program portion of the meeting begins with an introduction from our President including upcoming entrepreneurial events and past NEF Showcase Presenter news. The program continues with our featured Showcase Presenter(s) who are graduates of the NEF coaching process. Depending on the month or otherwise noted, the program includes the engaging NEF Pitch Pit or intriguing topic and panel. The program typically finishes at 7:15 pm with more networking afterwards. Please feel welcome to join us.