York Entrepreneurs: The Pitch » The Pitch 2009

Welcome to Nouse’s blog for the York Entrepreneur Society’s ‘The Pitch 2009.’

Nouse will be covering the event over the course of the next few days; offering news, results, knockouts and general information from the event.

The first time event from the York Entrepreneurs, set to rival the animation and tension of the fabled ‘York Apprentice,’ was kicked off today in Goodricke JCR as the teams were briefed on their task. With a £600 prize and reputations at stake, it looks set to be a good one.

The competition is based on Heslington East, where land use is currently solely residential. The teams are to design a business plan and deliver a 10 minute pitch for a new business to be based on location. The only limit to this task is the location itself.

The 8 teams entered are:
York Student Lettings
Enhance
3.14
SuSee
USSR
Networth
Perpetuus
High Fliers

Today saw our teams do initial research into potential business ideas, decide upon a business type and gather evidence to support this decision. A draft of a business strategy will also be produced.

Tomorrow the teams will attend workshops given by advisors: Dr. Andrew Jackson, MBA, Dr. David Leung, MBA, ACMA and Mr. Jon Greenwood, in order to help the teams produce a worthy business plan. A 250 word business strategy will be handed in at 4.00pm. By 5.00pm, 3 off the teams will be eliminated.

The pitches and final business plans will be delivered on Thursday. Prolific judges, including YUSU President, Tim Ngwena, will review the remaining teams, with results announced at 4.45pm.

Nouse will be keeping you updated with all the action each day, including results, news, comments from the teams and more. It looks to be an eventful week indeed.

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