Quick Pitch Application

How would you solve the workforce crisis in Nebraska's nursing homes and assisted living communities?


The event will use a quick pitch format designed to solve the following problem statement: Nursing homes and assisted living communities are experiencing a workforce crisis and need innovative recruitment and retention strategies. A quick pitch, sometimes known as an elevator pitch, is a two-minute action-oriented description of a business venture (for profit, non-profit, side gig, etc.) designed to engage the interest of the audience and persuade them to participate in the business venture as you see fit (i.e., as an investor, customer, partner, referral source, etc.)


Competition Structure


  • Only 1 person may pitch if part of a team venture
  • No electronic props or notecards allowed
  • Limit of 2 minutes to pitch to the judges
  • Limit of 1 minute for the judge to ask questions


Format and Judging


An effective quick pitch should address the following questions:


  • What is your idea? Briefly describe your idea. Do not go into excruciating detail.
  • Who is your target audience? Briefly discuss who would be affected by the idea.
  • Who is your competition? Briefly discuss what competition or barriers would be faced by utilizing this idea.
  • How would this idea create competitive advantage? Effectively communicate how your idea is different and why you have an advantage over the competition. An improved distribution channels? Key partners? Proprietary technology?
  • What is your revenue model? More simply, how do you expect to make money?


How should a Quick Pitch sound?


  • It should not sound memorized or robotic, but it should be well-rehearsed.
  • Be excited about what you are pitching so that you have the highest possibility of engaging the audience.


Presentations will be judged on the competitors’ ability to address the key components of the idea, answer the judges’ questions regarding the idea, and present their idea creatively, clearly, and concisely.


For questions about the 2023 Innovation Summit Quick Pitch competition, contact education@nehca.org or 402-435-3551.

 
 
 
 
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