Take a minute to win some cash this month

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Got a minute to win some fast cash? Then get out your video cameras and smart phones, and send us a quick video pitch.  By popular demand, the deadline for the LaunchPad’s first ever Minute to Win It – Virtual Edition has been extended to Friday, May 1 at 11:59 p.m.  We invite you to send a one-minute idea pitch for a venture idea (product, service, technology or non-profit impact enterprise).  Amazing LaunchPad judges will pick the best pitches for $500 in prizes to the top three pitches. You don’t have to have experience pitching, but you do have to have an original idea. Submit here.

Use the link to provide your contact information and business idea as well as to upload your video (.mp4 or WAV files only). Judges will watch all of the pitches and rate each idea based on four criteria:

  • Creativity — Is this idea unique? Is the business providing a product or service that doesn’t exist? Are they approaching a traditional business with a new angle?
  • Market Opportunity – Is there likely a market for this product or service? Will consumers be motivated to purchase it? Are there platforms that the entrepreneur can sell through?
  • Problem Solving – Is the idea solving a definitive problem? Is this problem widespread or niche?
  • Feasibility – Is this a business that the entrepreneur can reasonably start up? Does the idea require an unrealistic amount of startup capital?

Judges for this competition will be Kelsey Davis, Founder of CLLCTVE, Matt Shumer, Founder of Visos, Sam Hollander, Founder of FSCL, and Phil McKnight, Co-Founder of Promptous.

May the force be with you, and the best pitch win!