Imperial Business Pitch Competition

(IB Pitch)

The Imperial Business Pitch (IB Pitch as it’s become well-known) is a bespoke competition for Imperial College Business School students to power-up their early stage business ideas and have the chance to pitch to investors to win £5,000!

With a bootcamp programme that takes place over the summer, six teams will be selected to receive tailored coaching sessions, a customer discovery workshop and a £500 grant to advance their business idea by undertaking customer research and interviews, or developing a prototype. Teams will then go on to pitch to a panel of investors in front of a live audience for the £5,000 funding prize. The IB Pitch is a fantastic opportunity for Business School students who’d like to test out their business idea over the summer.

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IB Pitch teams have an amazing track record

There has been an amazing track record of early stage business ideas that have taken part in IB Pitch which have gone on to raise funding and be placed on prestigious accelerator programmes such as Y Combinator. They have come from a range of programmes at the Business School including MSc Innovation, Entrepreneurship and Management, Full-time MBA, MSc Management and MSc Business Analytics. Read more about some of the success stories here:

  • 2018 winner – Coillection is a new platform that connects households producing high volumes of waste cooking oil with oil collectors via domestic collections. The Coillection team (Yin Noe and Kanika Mittal) are from the Business School’s MSc Innovation, Entrepreneurship and Management programme and went on to win the Shell LIVEwire competition in March 2019.
  • 2017 winner – Kahoots aims to take the stress out of buying a home with family, partners or friends. The Kahoots team (Byron McCaughey and Henry Oakes) are from the Business School’s Full-time MBA programme. They pivoted to TRACK and went on to raise £75k pre-seed funding. They are now on the Pi Labs accelerator programme
  • 2017 finalist – Donaco is a news website extension designed to revolutionise the donation industry by connecting charities and donors in new ways. Donaco (Michael Moses) is from the Business School’s MSc Management programme and went on to raise £75k pre-seed funding
  • 2016 winner – HackScience offered users a platform to develop and control new tools to automate manual lab processes without the need to code. The Hackscience team (Ali Afshar and Igancio Willats) are from the Business School’s MSc Business Analytics programme and went on to Y Combinator’s accelerator programme. They have now pivoted to Cytera CellWorks.

 

Who can enter?

IB Pitch supports teams that meet the following requirements:

  • include two or more individuals
  • have a team leader who is a current Imperial College Business School student (MBA, Masters or JH/IBSc).
  • over 50% of the team is made up of Imperial College Business School Students OR the team is taking part in the MBA Entrepreneurial Journey module

IB Pitch is open to all current Imperial College Business School students (on MBA and Masters programmes or JH/IBSc), who have a new business idea they would like to pitch, or those who have already been developing a business idea for one of their modules.

If you’re not sure about the feasibility of your business idea, book an Idea Surgery with the Enterprise Lab team to have a chat (scroll down to the bottom of the page once you click on the link) OR come to one of our drop-in clinic in the Enterprise Lab (timings TBA).

Please read the full Terms and Conditions here.  

Apply now to IB Pitch

 

Applications for 2019 are now open!

 

Applicants need to complete a short online application form before Tuesday 25th June 23:59 BST.

The online form will require you to complete:

  1. A list of questions about your team and business idea
  2. A link to a 2-minute elevator pitch video (unlisted YouTube video) OR a link to a 5-slide pitch deck

All team members will also need to have read and agreed to the programme’s Terms and Conditions available here.

 

Here are some useful links for your application:

 

Your application will be reviewed by a panel of Imperial College Business School and Enterprise Lab experts. You’ll be notified of your application status by 2nd July.

 

Please contact Olivia Standish (o.standish@imperial.ac.uk) if you have a question regarding the programme or application.

Apply now!

Key Dates for 2019

 

Activity

Dates

Applications close Tuesday 25th June 2019
Selection of teams Tuesday 2nd July
Programme Launch & Customer Discovery Masterclass: In this session, teams will be provided with an overview of the programme and inspiration for how to use the £500 grants. The Masterclass will  cover how the grant can be used to understand customers and set goals within each team for customer discovery. Tuesday 9th July 2019
Coaching (1 of 2): Teams will meet with their coach to discuss and work through any challenges linked to the customer discovery goals they set. One session w/c 15th July
Customer Discovery next steps (1 of 2): 
Group coaching session for all teams together that will include mapping customer insights gained, challenges and next steps. 
One session w/c 29th July
Customer Discovery next steps (2 of 2): 
Group coaching session for all teams together that will include mapping customer insights gained, challenges and next steps.
One session w/c 12th August.
Coaching (2 of 2): 
Teams will meet with their coach to discuss and work through any challenges linked to the customer discovery goals they set.
One session w/c 26th August
Pitch training sessionsOne-to-one sessions for each team with the Enterprise Lab team andone peer pitching session where teams pitch to each other. Two sessions taking place w/c 9th September & w/c 16th September
IB Pitch Final: Teams will pitch to a panel of investors for the £5,000 funding prize. New students, staff and external stakeholders from the entrepreneurship ecosystem will be invited to watch.
TBC

 

Contact details

For any questions, please contact Olivia Standish (o.standish@imperial.ac.uk) at Imperial Enterprise Lab.

The Business School Lead for the Imperial Business Pitch is Dr Harveen Chugh (h.chugh@imperial.ac.uk).

 

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