Monday 20 July 2015

Angelstartups Nigeria: PITCH2WIN 2015 OPENS!



Hello Entrepreneur, Are you between 18 and 50 years of age? Is your business going to create sustainable jobs for other young Nigerians? Are you bullish about your idea/ business and confident it has the potential to generate significant revenue to sustain it?Then, this is for you!Here comes, PITCH2WIN 2015 SEASON 1 EPISODE 1, a once-in-a-lifetime opportunity to win thousands of dollars as grant for your idea/ business as a startup. Competition opens July 20, 2015 and closes August 31, 2015.


HOW TO PARTICIPATE
  • Visit www.angelstartups.com.ng
  • Sign up for free as an Entrepreneur and complete your profile, with the short proposal template included (Only complete profiles will be approved) 
  • Record a quality 2-minute video pitch of your concept/ business (could add some hard evidence to show progress of business) 
  • Upload it to YouTube 
  • Go to PITCH2WIN application page to add the YouTube link 
  • Submit your application for approval and receive as many UPVOTEs as possible from friends/ families via social media daily for 30 days (1 UpVote= 1 point, 1 DownVote=(-1 point)) - This is a test of your ability to market yourself 
  • After Round 1, the Top 20 Pitches move to the Final Round- where only PITCH2WIN Panel of Judges (business experts) will decide who wears the crown and takes the cheque- PITCH2WIN 2015 SEASON 1 EPISODE 1promises to be fun and rewarding! 


Remember to be confident and speak out to PITCH2WIN!

Visit www.angelstartups.com.ng for more information and gear up for the journey of a thousand miles starts NOW!

TIPS TO PARTICIPANTS
  • This is what investors want to see in your Pitch: 
  • Confidence- Charisma 
  • Clarity of Purpose 
  • Vision/ Goal oriented 
  • Legally feasible, commercially viable ideas 
  • Potentially lucrative- the returns on investment 


So here is it:
  • In 2 minutes your Pitch MUST try to answer these questions? 
  • What problem are you trying to solve?- Make sure it is a well-defined problem 
  • Who are those that face/ experience this problem?- Make sure this is a well-defined Target Market (TM), Don't go Generic here please! 
  • Then, how does your product/ service solve this problem for those people (TM)? 
  • Then, investors want to know how your business/ idea intends to make money to sustain itself- Here talk about your pricing model & why 
  • Finally, investors want to be convinced you can actually translate all those theories into reality, so take them through your Proof Points (USP)- these could include customer growth, revenue potential, quality management team, quality clients, et al 


Note: Try to be as brief and concise as possible


All the best!


Angelstartups Nigeria


Stimulating Nigeria's Economic Growth & Development

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