Event Details
· The Shark Tank Competition takes place on a Friday afternoon during the spring semester, usually late February or early March.
Event Description
· Columbia Business School student teams submit entries through a designated YouTube site several weeks prior to the pitch competition.
· Students vote on their favorite entries to determine which teams advance to the pitch competition.
· The top three teams in the concept phase of their venture and developed stage of their venture are invited to participate.
· Contestants pitch their venture concept to a panel of judges. Pitches are in MS PowerPoint format and are limited to five minutes each.
· Panel of judges, which includes CBS alumni in the NYC VC entrepreneurship communities, ask questions and provide feedback (five minutes per contestant).
· Two winners – one from concept and one from developed – are each awarded $7,000 to put toward their venture.
· The event is open to other students and guests who would like to observe.
Eligibility
· CBS students with ventures at any stage of development, divided into concept and developed categories.
· Open to all CBS students, not limited to students in Columbia Entrepreneurs Organization.
· While each team must include at least one CBS student, team members who are not CBS students may participate.
Application Requirements
· Teams must upload a video onto the CBS Shark Tank YouTube Channel before the contest deadline.
· The video may not exceed one minute.
· No late submissions will be accepted.
Selection Process
· Members of the Columbia Entrepreneurs Organization are invited to vote for their three favorite videos in each category, concept and developed.
· Voting determines which contestants will be invited to participate in the pitch competition.
· Three teams from each category will advance.
Evaluation Criteria
· Contestants who gain entry into the competition submit a business plan to the judges in the period between when the winners are announced and the pitch event.
· Selected contestants will be evaluated by a panel of venture capitalists and/or entrepreneurs during the pitch competition.
Admission Decisions
· Results of the CEO vote will be released at least one week prior to Shark Tank.
Questions?
· Contact: