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Pitch & Play - The AUTM Venture Challenge

DEADLINE EXTENDED until 12 Noon on NOVEMBER 13th!

Welcome, AUTM Pitch & Play Participants

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About the AUTM Pitch & Play Business Competition
New company creation and development has been an integral component of academic technology commercialization for decades. The Association of University Technology Managers (AUTM) will celebrate this mission-critical function through the AUTM Pitch & Play at the AUTM 2018 Annual Meeting, February 21, 2018 in Phoenix, AZ, USA.

The AUTM 2018 Pitch & Play will include a business plan competition, where academic-affiliated startup companies pitch their business opportunity to a panel of seasoned venture investors for a $10,000 cash prize. The event will provide valuable experience and feedback to our startup finalists, and will be educational for meeting attendees, who will observe firsthand the most effective means of communicating with our venture partners. We hope you will join in by applying to be part of our competition.


Eligibility Criteria
1. The startup must be a legally existing company and have a license or option-to-license with a research institution (namely a university, research hospital, research institute, government laboratory), and the obligated technology must comprise an integral part of the startup’s business focus. Note: Only one finalist from any one metropolitan area will be selected in each category. If necessary, an honorable mention category will be designated from the same metro area that is excluded from the finalist list.

2. The startup does not have to have received prior professional investment, but must be actively seeking funding. Note: startups that have already received (i) a Series A round, (ii) in excess of $2M in private investments, or (iii) significant sales revenue in 2017 or before are too advanced and not eligible for this competition.

3. The startup must have a manager/executive giving the venture pitch that is not an inventor-scientist.


Finalist Benefits
Each finalist will receive:

1. Reimbursement from AUTM of up to $1,000 for travel expenses, including hotel costs at the JW Marriott Desert Ridge Resort for the AUTM 2018 Annual Meeting, February 18– 21, 2018, in Phoenix, AZ, USA.

2. A complimentary registration for the AUTM 2018 Annual Meeting and complimentary use of AUTM’s partnering software, AUTM Connect™, at the Annual Meeting.

3. The opportunity to present to an esteemed panel of venture investors, and obtain critical and constructive feedback from the panel.

4. The opportunity to discuss their business and get feedback from partners in the venture community.

5. The first place startup company will receive a $10,000 cash prize. The winner will be announced during the AUTM Annual Meeting, and via press release following the conference.


Evaluation Process 
1. Executive summaries will be reviewed by the AUTM Review Committee, who will select up to eight semi-finalists.

2. Semi-finalists will be announced on Friday, Dec. 1, 2017, and required to submit final business plans by Friday, Dec. 15, 2017.

3. The semi-finalists will be reviewed by the AUTM Review Committee, and four finalists will be invited to present their plans at the AUTM 2018 Annual Meeting. The panel may solicit additional information relating to the finalists prior to the presentation.

4. All finalists are expected to provide a 2-3 minute video pitch prior to the judging.

5. Each finalist will have 10 minutes to present their plan to the panel, and will have up to 5 minutes to address any questions that the panel may have. Each presentation will be closely timed, and cannot exceed 15 minutes total. The panel will thereafter determine a first place winner, which will be announced during the AUTM Annual Meeting and via press release after the meeting.


Key Deadlines
Deadline for submission: Wednesday, Nov. 8, 2017
Semi-finalists announced: Friday, Dec. 1, 2017
Semi-finalist business plans due: Friday, Dec. 15, 2017
Finalists announced: Monday, Jan. 8, 2018
Pitch & Play Competition:  Wednesday, Feb. 21, 2018