November’s Pitch Dingman Competition

November 17th, 2011 by under Entrepreneurship, Smith School. No Comments.

Dingman Center for Entrepreneurship

It’s Global Entrepreneurship Week here at the Smith School of Business, and that (not coincidentally) coincided earlier this evening with November’s Pitch Dingman Competition. For those of you who didn’t read my piece on last month’s event, here’s a quick breakdown on what Pitch Dingman is all about.

The Dingman Center for Entrepreneurship is a part of the Smith School, and is home to entrepreneurs and consultants who give advice to aspiring entrepreneurs, helping them with business pitches, plans, and even how to get in touch with angel investors. Every month, the Dingman center hosts a competition where teams pitch a product or business in hopes of winning $2,500 in prize money, plus a bonus $250 prize for the audience’s favorite competitor.

This month, we had five teams competing:

  • Beagle, a mobile task-sourcing app developed by a team of University of Maryland undergrads
  • Community Ladders, a social enterprise aiming to bring solid financial consulting to communities
  • Comrade Brewing, a proposed tasting-room style brewhouse from my friend and fellow Smith MBA, David Lin
  • NeverBoredU, an event calendar website and mobile experience from another team of Maryland undergrads
  • And finally, Saylo, a “hyperlocal digital chat layer” designed to create semi-anonymous communications between people at specific events or locations

Of course, not everyone can win, otherwise it wouldn’t be a competition. Still, all five teams gave fantastic pitches, and I encourage you to check out their websites and apps!

This month’s winners were:

  • Comrade Brewing took home the $250 Audience Choice Award
  • Saylo was the runner-up, receiving $500
  • And NeverBoredU won the $2,000 total prize

So congratulations to the winners! If you’re reading this, and you think you have a brilliant, money-making idea, the Dingman Center for Entrepreneurship holds Pitch Dingman office hours every Friday from 11AM to 1PM at their offices in Van Munching Hall. Check out the Dingman Center’s website or shoot them an email for more information. The next Pitch Dingman competition will be February 17 at 11AM, and I encourage you to come by and watch!

Also, stay tuned for a special interview next week with David Lin, where we’ll talk about the Smith School, entrepreneurial spirit, and of course, his beer.

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