As part of our Young Boss and Mini Boss in the Making Programs, youth will have the unique opportunity to participate in the YBIB Pitch Contest. This contest will allow young entrepreneurs to showcase their business/organization in a 90-second video and explain how their business/organization impacts their community. The Pitch Contest is an exciting opportunity for kids to earn money for their business and gain valuable experience in pitching their ideas, with $2,000.00 in cash prizes available! Plus, the exposure gained from participating in the contest could lead to new connections and opportunities for their business. The Young Boss in the Making Pitch Contest is an annual event that all youth who participate in our Young Boss and Mini Boss in the Making Programs are encouraged to participate in.
1. Eligibility:
- Must be enrolled in our current Young Boss in the Making program. This year’s Pitch Contest participants must be joining us for our program pre-launch on July 21, 2023, or one of our registered youth vendors for our SZN 2 Youth Market on August 19th, 2023.
- Contestants must be between the ages of 6-19 and residents of Canada.
- Participants must have an active Instagram business page that showcases their products/services.
- Your business must be registered with Service Ontario or the Government of Canada
2. Entry Requirements:
- Submit a 60 to 90-second video pitch, showcasing your business/organization
- Provide a brief description of your business/organization and the problem that you are solving
- Propose your innovative solution to solving that problem
- Describe your target market
- What is the future vision for your business/organization?
3. Submission Deadline:
- All pitch videos must be submitted by Sunday August 6th, 2023 at 11:59pm EST *deadline extended*
4. Judging Criteria:
- Innovation: How unique and original is your business idea?
- Feasibility: Is your business idea realistic and achievable?
- Marketability: How well can your business appeal to your target audience?
- Presentation: Deliver your pitch with clarity, enthusiasm, and professionalism. We love a creative presentation too! :) Feel free to use visual aids, props, or any other creative elements to enhance your presentation.
5. Prizes:
- 1st Place: $1,000
- 2nd Place: $600
- 3rd Place: $400
6. Judging:
- Our esteemed panel consists of experts and industry professionals with experience in entrepreneurship and business
- In addition to our judges, we will also include a Social Media Pitch Voting opportunity. This way we get to hear from our community on their favourite pitch.
7. Social Media Pitch Voting Contest:
- To vote for a pitch contestant, individuals must comment once under each contestant’s post
- Individuals are allowed to vote for all contestants, but must ensure that they only leave one comment under each contestant’s post
- Only one comment per Instagram account will be considered as a valid vote (no fake pages!)
- Multiple comments under a single contestant’s post from the same Instagram account will not count as multiple votes
- Pitch contestants are not permitted to vote for themselves
- We encourage all of our followers to engage in the voting process by supporting their favourite contestants. Feel free to reach out to your friends & family to support you as well! Remember to follow the instructions carefully to ensure that all votes are counted accurately.
8. Video Quality:
- Ensure your submitted video has good audio and visual quality to effectively convey your pitch
9. Code of Conduct:
- Be respectful and supportive of fellow contestants.
- Maintain professionalism in all interactions during the contest.
- Avoid any form of cheating or manipulation.
- Comply with all rules and guidelines set forth by the contest organizers.
10. Disqualification:
- Any violation of the code of conduct may lead to disqualification from the contest.
- Inappropriate or disrespectful behaviour towards others will not be tolerated.
- Any attempt to manipulate voting or engage in dishonest practices will result in immediate disqualification.
We will select the final contestants for the YBIB Pitch Contest once all videos are submitted and we confirm that you meet the eligibility requirements by the due date, August 6th, 2023. The Social Media Pitch Voting Contest will run from August 8th-11th 2023 on the YBIB Instagram page. The winner of the YBIB Pitch Contest will be announced in-person at the SZN 2 Youth Market on August 19, 2023.
We wish you all the best in the Young Boss in the Making Pitch Contest! Get ready to shine and show the world your entrepreneurial spirit. Let's make a positive impact together!