The 2012 DreamHaven Pitch Competition (DPC) was conducted on January 21, 2012. It was hosted by DreamHaven and sponsored by First Merchants Bank, MainSource Bank, The City of Portland, Jay County Economic Development and The Chamber of Commerce. Teams competed for $5,000 in prizes and had the opportunity to meet three early stage investors and successful entrepreneurs serving as competition judges:
Congratulations to our three winners:
Each team must meet the following requirements in order to compete in the 2012 DPC:
HOW TO ENTER
To submit a DPC application, simply email your Business Pitch PowerPoint presentation of 10-20 slides to email@example.com no later than 11:59 PM, January 11th, 2012. Teams who submit early may make changes to their application until the deadline.
Entry Fees: The DPC does not have an entry fee.
Changes to Competition Rules: While not anticipated, these rules and prizes are subject to change at the discretion of DreamHaven at any time. DreamHaven has the right to interpret these rules according to its own judgment.
Decisions regarding the Competition and the Winners: All decisions regarding the competition rules, procedures, and processes are at the sole discretion of DreamHaven. Changes and/or interpretations of these rules may be made by DreamHaven at any time, even though they may be (or may appear to be) in conflict with previously published information. The selection of the teams to compete and the decision of the winners are at the sole discretion of the judges and DreamHaven. Best efforts will be made to make decisions in accordance with this Official Rules document.
CATEGORIES AND PRIZES
The 2012 DPC is organized into two categories: Social Benefit and Economic Benefit. Each team must select ONE category in which to compete. Both categories have two prizes. The first prize in each category is $1,500 and the second prize is $1,000 for a grand total of $5,000 in prize money.
Social Benefit: Plans entered into the Social Benefit category will be judged by the value they bring to the Jay County community through informal gathering places, more sustainable energy sources, educational experiences and unique entertainment opportunities.
Economic Benefit: Plans entered into the Economic Benefit category will be judged by their ability to generate a sustainable profit, maximize return on investment and create high-quality jobs in Jay County.
Oral presentations will take place at the John Jay Center in Portland, IN on Saturday, January 21st, 2012 from 10:00 AM to 5:00 PM. Each team will present the Business Pitch presentation before our judging panel and a local audience. The submission deadline is January 11th (see “How to Enter” above).
Note: A team, once it has finished its presentation, may observe both the presentation and Q&A session of the teams that follow it. (Teams may not observe other presentations until AFTER they have made their presentation.)
Your Oral Presentation should include the following information:
» Company summary
» Customer/market analysis (market size and potential market share)
» Product or service description
» Intellectual property status (e.g., patents, licenses, etc.)
» Competitive differentiation
» Management team and/or advisors, including relevant experience
» Financial highlights
» Status and offering of the company (how much investment you are seeking, if any)
In your Oral Presentation, we expect you to convey:
» The problem or need your company solves
» The size of the accessible market & evidence that customers will buy your product/service
» Your differentiation vs. competition and how you will sustain that
» The experience of your management team and/or advisory boards
» The current state of development (e.g., beta, customer trials, etc.)
» Time frames to achieve significant revenue and/or cash flow positive
» The amount of funding you are seeking
Equipment: The DPC will supply all requisite audio visual hardware. Teams should plan to bring a copy of their presentation on a zip drive. The presentation room is equipped with a large-screen projector and a room PC to run your presentation. You may also connect your laptop directly to the projector to present.
Let us know if you have any questions or have any special equipment needs. Please note that if your presentation contains video, graphics, and/or sound, you should let us know in advance, and we will help ensure that your presentation works properly at the Competition. However, based on past experience, we cannot guarantee that video, graphics, and sound will work 100% of the time.