On Wednesday, Indiegogo announced the launch of Entrepreneur’s Elevator Pitch challenge. The global crowdfunding platform, which is powering Elevator Pitch, revealed that the media outlet has teamed ups tie a group of real investors to put entrepreneurs to the “ultimate” pitch test.
“Entrepreneurs have sixty seconds to explain their business concept in an elevator as it ascends to the executive floor. After they give their best pitch to the investors in the boardroom, they hope the doors will open for a further discussion about an investment. If the elevator doors open, the judges have five minutes to decide whether they’ll invest–or send the entrepreneur back down in the elevator.”
Indiegogo went on to encourage its backer community to get involved and back their favorite entrepreneurs:
“Watch the show and decide for yourself–do you agree or disagree with the decisions of the investors in the boardroom? Do you think an entrepreneur who failed to get out of the elevator deserves an investment after all? The judges invite you to prove them wrong!”
New episodes of the Elevator Pitch are available every Wednesday.
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