The iAccelerate Pitching Final always features high in my calendar at this time of year. Why? For a number of reasons. Every time I attend the pitches, they just get better!
I enjoy watching entrepreneurs passionately pitch their business ideas, there is always something to learn from them in what makes the perfect pitch and there are some that I think are worth gemaker investing time and/or money into.
This year’s pitching didn’t disappoint. Six businesses pitched to an experienced panels of judges including; Topaz Conway, accelerating commercialisation, Bem lehunt UTS, Cath Rodgers Air tree ventures, Dean Alle, Innovation Centre Sunshine Coast, Hamish Hawthorn, ATP innovations, Mindy Lieberman Zen Desk
The pitches included anything from idea that need building, to prototype to completed products ready for sale including;
- ZestDesk – world’s first portable adjustable standing desk turns any table into a standing desk in less than a minute
- Nifty concepts – visual online marketplace to buy and sell used clothing under $50 online.
- Geointeractive – rapidly maps underground mines in 3d
- Stretch and glow – online yoga classes for time poor mums
- Tweewind – time shifts your twitter feed so you won’t miss out on the action next time you watch a recorded sporting event.
- Me3d – designing the world’s best educational 3D printer for school with seed3 their program to get them into schools.
The winner of both Best Pitch ($2,000) and Audience Choice ($1,000) was me3d. They will be pitching in Tech23 on 17 November.
Learnings from the night
- Make it really clear in the first minute what the customer need is and how your product/ service fits it Be prepared to be able to answer questions from the judges.
- Make sure you’ve done your market research so you know who your competitors are and where your business fits Have financials with valid assumptions State what you ‘ask is’ ( the amount of money you need or type of help by experts or connections) and what you need it for.
- Practice your pitch so it’s clear, concise and meets the pitch time limit
Me3d uses greenacres workers to build their 3 d printers which are robust enough for everyday school use, cost effective enough to buy multiple printers for classrooms to expose primary and high school children to the technology tools of the future in design, rapid prototyping and printing. When I was at school we did woodwork and metalwork. This is fast being replaced with 3d design and printing using computers. We need our education system to keep up with the changing world.