Elevator Pitch Challenge

Tonight I was a judge on a panel at the Central Kentucky Inventors Council showcase.  We critqued for inventor/company pitches.  The other judges were Deborah Clayton, Commissioner of the State Department of Commercialization and Innovation; Joe  Wyse, CEO of Coldstream Labs; and Matt Winn, a VC with Chrysalis Ventures

The presenters were given three mimutes to pitch and then the judges had two minutes to give feedback.

THe four presenters were:

Ken Rank of Food Game- an educational game to be played with kids at dinnertime to teach healthy eating habits. Looking to raise 50K for production of the first 5000 games

John Carter of John  Carter Imagineering- developing a new siphon pump for use in energy production.  THe technology is called Auto Siphon Technology (hard to grasp this in a three minute pitch)

Sally Davisson of Sisters of Invention-(editorial note, I did some work with SOI previously) Sally and her team have developed the HALO: Baby Seat Safety System.  It is a system with a base unit placed under a child’s car seat and a key fob that parents have on their key chain and it alerts the parent or whomever that the child has been left in the seat (alerts once the key fob has been moved a pre-determined length from the car with a child in the seat)  They are looking for 250K for the first 1000 units plus marketing, claim to have pre-orders for 15K.

Ed Scarbek of Trizenter- Trizenter is presentation software that allows you to have three different “slides” live on up to three screens, e.g. a powerpoint slide, website, and video or two powerpoint slides and a demo all on a screen at the same time.  They need 200K for development and marketing.

The Central Kentucky Inventors council is over 80 strong and meet 1-3 times per month.

Written by Richard Stump |

Terms Sheets, a VC's perspective


6 Tips or Startups in 10 minutes


Donny Deutsch with Skechers CEO


Chris Moneymaker on the Big Idea


Top Network Stories

Startups

Reminder: Dallas Startup HH Tonight!
From Fort Worth Startup Blog

From the TSB: Just a quick reminder that Startup Happy Hour is on Monday (10/13) between 5PM and 8PM (feel free to show up anytime). I [Alex :-)] am buying the... Read More »

October 13, 2008 |

Holy Cow - 1.5 million T-Mobile G1s Pre-Ordered!!!
From Texas Startup Blog

According to Darren Murph, “1.5 million T-Mobile G1s already pre-ordered“  Really?  The article explains that 1.5 million G1s with Google’s Android operating system have been pre-ordered and that T-Mobile... Read More »

October 12, 2008 |

The Silver Lining for Startups
From Texas Startup Blog

Enough with the bad news.  Dare Obasanjo had a great point, and I will be taking his advice.  Entrepreneurs, like me, outside of San Francisco or New York lament that... Read More »

October 12, 2008 |

Highlights from the Startup Blog Network
From North Carolina Startup Blog

To wrap up the week, here are a few highlights of what was reported this week across the Startup Blog network. Texas Startup Blog:  Breakfast with entrepreneur and billionaire Same... Read More »

October 11, 2008 |


Venture Capital

Sequoia Capital Partners Reiterate Value of Cash
From Fort Worth Startup Blog

Apparently, TheFunded.com managed to procure meeting notes of a CEO of a Sequoia Capital portfolio company, made their mandatory gathering to discuss what their companies should be doing in... Read More »

October 9, 2008 |

Angel Investors Hanging In.
From New Hampshire Startup Blog

ANGEL INVESTORS STEADY BUT MORE CAUTIOUS IN FIRST HALF OF 2008 That’s the headline in the latest report from NH’s own Center for Venture Research. Founded in 1984 and run... Read More »

October 8, 2008 |

Now is the time to bootstrap your new business!
From Fort Worth Startup Blog

Are you starting a new business? Or maybe you have already? Well, here is my advice to you… Forget VCs, forget the SBA, forget the bank loans, forget Visa/Mastercard... Read More »

October 8, 2008 |

3 Ways to Raise Startup Money
From Fort Worth Startup Blog

Asheesh Advani of Entrepreneur.com has an article over on MSNBC covering three honest ways to raise startup money. He points out a number of pitfalls that are common to... Read More »

October 3, 2008 |


Personal

Geeks Night Out

Commerce Lexington has put together the InteLex meetup called Geeks night out.  It is scheduled for September 18th from 5:30-8:00pm at the Victorian Square Atrium... Read more »

September 8, 2008 |

Ideafestival 2008

The annual Idea Festival is coming again to Louisville, September 25th-27th.  The Idea Festival has a series of speakers and events covering a broad range, technology,... Read more »

September 2, 2008 |

Social Media Club Meetup

The Social media club of Louisville is having a happy hour tomorrow evening at Proof.  THe SMC is a group of entrepreneurs, writers, marketers etc looking to share... Read more »

July 21, 2008 |


Politics

Bluegrass Entrepreneurial Environment Study

The University of Kentucky, Commerce Lexington and the city of Lexington had this study performed.  The study interviewed a set of handpicked companies and had... Read more »

October 1, 2008 |

No Startup Culture in Kentucky?

A lot has been written lately about how cities like Boulder Colorado became start-up meccas and entrepreneurial hot-spots.  The key to this happening in a new city... Read more »

September 15, 2008 |

kentucky entrepreneurship

As an advocate for building a strong entrepreneurial ecosystem in Kentucky, The following report issued by the Mountain Associaition for Community Economic Developmentis... Read more »

August 26, 2008 |