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Ideablob And The “Pitch George” Competition – An Opportunity For Young Entrepreneurs

On November 22, ideablob is sponsoring the “Pitch George” competition. It’s an opportunity for young entrepreneurs to present their business idea and get great feedback from an impressive panel. The event is open to high school students, undergraduates, graduate students, and alumni. The judges will include metropolitan entrepreneurs, venture capitalists, and GW alumni. In the final round of judging participants will receive their final ranking along with cash prizes up to $1,500.

Ideablob is a site designed to help small business people share great ideas, and vote on the best ideas. The winners get $10,000 each month from Advanta, a company that issues credit cards to small businesses. Advanta as well has a really interesting history. It got its start loaning money to school teachers to tide them over during the summer months and during strikes, something that at the time was unheard of in banking circles.

I had the chance to interview Ami Kassar, Chief Innovation Officer of Advanta and ideablob.com about the “Pitch George” initiative.

Cristian: You are sponsoring an event at George Washington University called “Pitch George”. What is the Pitch George competition?

Ami: “Pitch George” is an opportunity for high school students, undergraduates, graduate students and alumni of GW to pitch their business ideas to a panel of professionals. It is a great way for young professionals to get feedback from a panel of successful metropolitan area entrepreneurs, venture capitalists, and GW alumni. Not to mention, a great way to sharpen up their pitching skills.

Cristian: What are the main judging criteria for the contest?

Ami: The panel will evaluate the participants based on their business idea & context, the idea content & quality, and their presentation style.

Cristian: Applications for Pitch George are already closed; can you say a few words about the participants?

Ami: The participants are current GW students, alumni and local high school students. I’m sure it will be a great group of students, and we look forward to awarding the ideablob.com cash prizes to the most promising graduate and high school students.

Read the rest of the interview here.

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