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Loiello Business Pitch Competition

Pitch your Business for a Cash Award!

The Palmieri Center for Entrepreneurship (PCE) at Mount St. Mary’s University presents the Loiello Business Pitch Competition as a way to support entrepreneurial thinking and action within the student body.

About the Competition

The Loiello Business Pitch Competition focuses on student-led business development efforts. If you are attempting to move an early stage business (established for four years or less) or a nascent business idea forward, this Competition seeks to encourage and support those efforts.

The Competition is for Mount students, where individuals or small teams (up to three team members) will present their pre-venture business ideas or early stage start-up businesses to a panel of alumni judges for potential cash awards.

Team Leaders or individual entrants must be active undergraduate or graduate degree seeking students. Having a member of a team who is not a Mount student is acceptable, as long as the students are key members of the business leadership team.

Applicants should consist of individuals or small teams committed to further developing their business or advancing their idea towards a business launch.

The Competition provides students from all academic programs a chance to challenge their entrepreneurial spirit and present their early stage businesses or nascent business ideas in a format that will give them valuable experience and feedback.

Assistance is available through the Palmieri Center for Entrepreneurship, located behind Archbishop Borders Hall.

Your early-stage venture or proposed start-up idea may include service ventures, new products or technologies, social enterprises, etc. There is no limit to the number of teams that may enter the Competition, but only 5-7 will be selected to present to external judges at the final stage of the Competition.

Complete the Intent Form

Overview of Competition Structure

The Competition occurs within the following general structure (leaving flexibility to adapt to changing campus conditions):

  1. Submission of an “Intent to Compete” – must submit by February 28, 2022).
  2. Initial review of entry submissions, follow-up with questions/clarifications, and details on next steps.
  3. Determination of qualified entries and Competition viability.
  4. Invitations to present draft pitch and scheduling of initial casting calls (virtual or in-person depending on university status). Casting calls are sessions for delivering your draft pitch and receiving feedback.
  5. Invitations and scheduling of second round of casting calls for applicants going on to the final pitch opportunity with external judges.
  6. Final pitch session with external judges (a 4 - minute pitch, up to 10 slides, with Judges/Investor Q&A).

Entry Process (Intent to Compete)

Each team must indicate their intent to compete by February 28, 2022. To enter, a MSMU student (as team leader) should complete the online Intent to Compete Form.

Entry submissions will be reviewed to determine what ideas are eligible, appropriate and complete. Entrants will be contacted by the PCE and an initial meeting with Competition staff scheduled where the Competition format will be reviewed and questions addressed.

If the student/student team idea is accepted for further advancement in the Competition, they will be scheduled for the first round of “casting calls” to present their initial pitch. The PCE will offer assistance in developing the pitch.

If the student/student team advances from the first round of “casting calls,” they will be scheduled for a second round of casting calls in preparation for pitching to the external judges of the competition.

Pitch Guidelines

Your (uninterrupted) pitch should be a maximum of 4 minutes long and may include up to 10 slides.

The PCE will provide contestants more detailed guidelines/suggestions for creation of a strong business pitch as well as direct feedback during the preparation process.

Finalists will present their pitch before a panel of external judges (** most likely in a virtual format during the Spring 2022 Semester). Final dates and structure will be determined at a later date.

All team members should be present during the final pitch and Q&A with external judges.

All team members must be present to win cash prizes.

Terms and Conditions

By applying for the business pitch competition, the applicants agree to the following terms & conditions:

  • All applicant(s) must agree that the materials they are submitting are their original work and that applicant(s) are not under any restrictions/prohibitions that prevent them from sharing this work for the purposes of this competition. The applicant(s) will always retain all rights to the materials regarding their use prior to and following the Competition.
  • The applicant(s) are solely responsible for the confidentiality and legal protection of their ideas.
  • Applicant(s)’ work including information about their presentations may be made available on Mount St. Mary’s University website, and may be used in other online and print media promotional materials.

**Legal and financial information provided to the PCE will remain confidential.