Pitch Your Idea to Startup Experts
About this event
Pitch Your Idea to Startup Experts
Do you have an idea for a startup? Could you use blunt, honest (and maybe even a little soul-crushing) feedback on your ideas from experienced startup advisors and entrepreneurs who’ve been there, done that, and have the caffeine addiction to prove it? Then join us for the Startup Founder Hot Seat event, from Okanagan coLab.
During this event, founders will present their ideas to a panel of experts, who will then evaluate each presentation, and provide helpful feedback. Even if you don't want to present, you are invited to register, hear startup ideas, and watch how the experts analyze and critique new businesses.
How Hot Seat Works
Submit your idea in no more than 35 words (that’s not much, we know) and we'll send you feedback on your application within two weeks of Hot Seat. Only 5 selected entrants will be allowed — that’s right, this is going to be more exclusive than Mensa. Pitch will happen in person at Okanagan coLab. Founder Hot Seat events are streaming on Unicorns Live with ticket options to be in a small live audience.
Looking for a pitch format to follow? Start with Founder Institute's one-sentence pitch framework to help you begin: http://fi.co/madlibs
The format is strictly a 5-minute pitch with 5 minutes panel feedback. (Lesson one of the startup world: If you can’t make them care within 5 minutes, you need to refine your idea until you can.)
- Anyone who wants feedback from leading entrepreneurs
- Anyone who has an idea for a startup or an early-stage company
- Anyone who needs practice and expert advice on pitching
Founders submit their pitch to be accepted to present in front of an audience and judges in the “hot seat”. (If it helps, you can pretend the seat is suspended above a boiling vat of lava like in every James Bond movie ever.)
Be prepared to answer questions such as:
- What have you done to date about your idea? I.e. business research, contact with suppliers, sales, etc. (In other words: Have you actually gotten up off the couch, or is your canine shoe startup Wood Clogs for Good Dogs simply the product of a rhyming joke you made that one time on your coffee break?)
- What do you believe you need to do next to move your idea forward? What’s your biggest concern? (AKA How do you plan on getting from here to there? And don’t say “monorail”.)
Don’t worry, this is not the Dragon’s Den – you won’t be asked to make a formal pitch, and we promise to keep Kevin O’Leary far, far away from all of you.
Even if you don't want to present, you are invited to register, hear startup ideas, and watch how the experts analyze and critique new businesses. You’ll laugh, you’ll cry, you’ll learn what “KPI” stands for. Fun times!
For more startup events, visit http://okcolab.com/calendar
*When you register for the online Hot Seat you will be sent a URL 24-hours before the start time to join the live zoom call.
Okanagan coLab: Founded in 2011, coLab is the Okanagan’s premier coworking space. With over 100 members, coLab is a space for independent professionals and remote workers to network, socialize, and get stuff done. Whether it’s the professional environment that motivates you to be more productive, the ample networking opportunities that lead to your next big move, or just the fact that you actually have a place to meet clients that isn’t a coffee shop, coLab allows you to work more effectively.
About Accelerate Okanagan
Accelerate Okanagan (AO) is a not-for-profit organization that gives entrepreneurs the mentorship, connections, and community they need to build technology-driven ventures. At Accelerate Okanagan we work with everyone from students to well-established companies. Aspiring entrepreneurs, startups, job seekers, career-changers, companies looking to expand and grow, and companies with proven track records come to Accelerate Okanagan to learn and foster their success. Our programs are designed to meet the ever-changing needs of our community.
Valhalla Angels: Established in 2003, (long before the Dens & the Tanks), Valhalla Angels is a community of Canada’s top angel investors (home to Canada's angel of the year in 2018 & 2019). We provide constructive guidance to all startups that apply to pitch to our members, as we wish to see our innovative communities grow and succeed. In addition our members are continually giving back to their community through volunteering their time, experience and guidance. We have 4 active chapters in Western Canada and operate under a five-pillar business model under the parent, Valhalla Private Capital - education, training, advisory services, angel network and funds.
Agora is the leading video, voice and live interactive streaming platform, helping developers deliver rich in-app experiences—including embedded voice and video chat, real-time recording, interactive live streaming, and real-time messaging.
coLab Online Community
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Why join? Online community, Members-only announcements, free and discounted events every week, community directory, visa access to 500 spaces worldwide, and month to month payment.