Congratulations to our winners!
1st Place: LegacyComplete
2nd Place: VestedWorld
3rd Place: Limelightrr
LegacyComplete is an online tool to empower those who don’t have a great deal of wealth to give what they have, to whom they want, when they want, the way they want all while assuring their WISDOM is transferred along with their wealth.
Nature’s Little Recyclers is a Green Tech Earthworm Factory, seeking to
take waste and recycle it into Healthy Soil. We are seeking to provide
solutions to ending landfills and providing local farmers and gardeners the
fertilizers they need for healthy plants and nutritious food.
Urban Kitchen will offer moderately priced cooking classes and demonstrations, as well as prepared take-out meals to a community in need of healthy food education and meal options.
VestedWorld is committed to being the world’s leading online investment platform specializing in connecting investors seeking impact investment opportunities with companies with a significant nexus to economically underserved areas in the U.S. and emerging markets around the world.
South Side Pitch Contestant Rules:
What is the South Side Pitch?
The South Side Pitch will be a contest to showcase promising, exciting entrepreneurship rooted in the South Side of Chicago. It will culminate in an event on October 5, where finalists in the contest will make their final business pitches, the audience and a panel of judges will choose the winners, and everyone will toast the spirit of entrepreneurship during a networking reception.
South Side Pitch
Wednesday, October 1, 6:00-8:00
Chicago Innovation Exchange Sky Deck
5235 S Harper Court, 11th Floor
Who is organizing the South Side Pitch?
The Institute for Justice Clinic on Entrepreneurship at the University of Chicago Law School, along with the University of Chicago Office of Business Diversity and the Chicago Innovation Exchange, are the organizers of the South Side Pitch.
Am I eligible to be a contestant?
The South Side Pitch is open to legal residents of Illinois, who are at least eighteen (18) years of age or older, and who are located in Illinois at the time of entry. Employees, contractors, directors, officers, and agents of the Institute for Justice, and members of their immediate family or household are not eligible to enter or win.
NO PURCHASE OR PAYMENT OF ANY KIND NECESSARY TO ENTER OR WIN.
How does the contest work?
Whether your idea is something the world has never seen, or a new take on a familiar business, we want to hear from you! Submit your application to become a pitch contestant in the form on the website www.southsidepitch.com by August 25, 2014. By submitting your application, you have agreed to abide by the rules of the contest explained here and the decisions of the judges and sponsors. The sponsors of the South Side Pitch will judge entries on the quality of their answers to the questions.
On September 5, 2014, we will notify contestants who have been chosen to be South Side Pitch semi-finalists. If you are selected as a semi-finalist, you will be asked to submit a thirty to sixty (30-60) second video about your business idea by September 10, 2014. On September 15, 2014 we’ll announce our five (5) finalists who will prepare a pitch and compete at our October 1, 2014 event.
Finalists will have the opportunity to perform a three (3)-minute pitch before our panel of judges and a live audience including investors, entrepreneurs, and community leaders. The winners will receive a prizes. Afterwards, we’ll toast to all the South Side entrepreneurs during a rooftop reception!
What goes in the submissions?
By entering the South Side Pitch, you represent and warrant that you are submitting only original content, which has not been copied from others and does not infringe the rights of any others. You represent and warrant that you have the right to enter the contest on behalf of a business. If anyone claims the content of your submissions is a violation of others’ rights, you promise to hold the organizers and sponsors of the South Side Pitch harmless and indemnify them.
Will submissions be confidential?
Submissions will NOT be confidential. The organizers of the South Side Pitch may announce or publicize the entries in the contest or post them on the web. Finalists will make a public presentation of their content. Submissions are not covered by attorney-client confidentiality.
You should be aware that entering the contest might be considered a publication or disclosure of your ideas, and it might affect your ability to patent any innovations contained in your entry.
Who owns the submissions?
Entrants will retain the ownership of the content and ideas in their submissions, but they are giving the South Side Pitch a license to share and publicize the content of their submissions, their identities, and their pictures.
What are the criteria for judging?
Applicants and semi-finalists will be judged on the creativity of their business ideas, the quality of their presentations, the strength of their connection to the South Side, and their potential to contribute to an exciting pitch event. The panel of judges will assess the finalists based on the quality of their presentations and whether the pitch convinces the judges that the business will be an excellent example of the South Side’s entrepreneurial energy. The audience will also assess the finalists, and we can’t promise what they’ll consider!
What are the prizes?
- Cash prize of at least one thousand dollars ($1,000)
- Three (3)-year license to the full suite of Microsoft software and services, including their cloud storage services (estimated retail value of thirteen thousand dollars ($13,000))
- Three (3) month membership to Blue 1647’s incubator space which allows access to exclusive programming, support, and space for a diverse cross section of innovators to meet, work, and collaborate (estimated retail value seventy-five dollars ($75))
- Mentoring session
- Cash prize of at least $300
- Mentoring session
- Cash prize of at least $200
- Mentoring session
What are the rules for prize winners?
When the winners are announced, they will receive their prizes or certificates representing their prizes. If a prize, or any portion of it, cannot be awarded for any reason, the organizers reserve the right to substitute with another prize. Prize winners will be solely responsible for all federal, state, and/or local taxes, and for any other fees or costs associated with the prizes they receive. If required, winners will receive an IRS Form 1099 for the approximate retail value of the prize.
Any other rules for entrants?
By entering, you agree to release the organizers and sponsors from any and all liability, loss or damage incurred as a result of the South Side Pitch. The organizers and sponsors reserve the right to modify the plans for this contest. The organizers and sponsors are not responsible for any entries that are lost due to technical malfunctions or mistakes or failures.