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MBA and Undergraduate Students Shine in Elevator Pitch Contest

November 18, 2011
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Two students from the School of Business – an MBA and an undergraduate – took top honors in this year’s Elevator Pitch Contest, hosted by The Launch Pad and presented by The Miami Herald during Global Entrepreneurship Week Nov. 14 – 20.

The contest, open to both students and the South Florida community, provided local entrepreneurs the opportunity to share in more than $100,000 in prizes to support and grow their businesses.

An elevator pitch is a brief overview of a company, product, service, or project, delivered in the time span of an elevator ride — less than 90 seconds. Contestants were judged on their presentation skills, their business’ marketing opportunities, general operations, and the value created for their customers.

School of Business MBA student Mark Slaughter, CEO of Collaborative Bioscience, earned 1st Place in the Student category for his hospital services company which minimizes costs by mobilizing underutilized assets within organizations. Slaughter’s company previously won the first annual Florida Venture Forum business competition in October.  

School of Business undergraduate Jon Kowalsky earned 2nd Place in the Student category by combining his passion for music and business to create Studio120, a website for independent artists and music enthusiasts to share and sell their music. Kowalsky was previously recognized at the South Florida chapter of the Entrepreneur’s Organization Global Student Entrepreneur Awards (GSEA) program, which was held at the School in October.

VIDEO: Dr. Ken Colwell on Nightly Business Report

Each November, Global Entrepreneurship Week offers a chance to showcase entrepreneurs and the social and economic impact they have on their local communities. The School of Business, The Launch Pad at the University’s Toppel Career Center, and other UM entities joined organizations around the world in conducting a range of activities designed to inform, mentor and engage the next generation of entrepreneurs.

The School’s director of entrepreneurship programs, Ken Colwell, helped kick off Global Entrepreneurship Week with a nationally televised commentary that aired on PBS at the end of the Nightly Business Report program (scroll to 23:49).

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