The 5th annual University of Michigan drew a record 4,500 submissions to its 1,000 Pitches Competition. Organizers announced winners in each of the nine categories. The competition, led by campus organization M-Powered, invites undergrad and grad students to submit 3-minute videos of their technology or business pitch online.
From the organization’s website, the competition was conceived in 2007 by two U-M students and MPowered’s founders, Ashwin L. and Israel V., when they were attending a conference in Silicon Valley. They realized the lack of entrepreneurial passion within their university compared to those in the Bay Area and knew quick changes were needed if Michigan was to keep up. The competition has had the quite the impact. Says Jeremy Klaben, “the 1,000 Pitches competition generates lots of buzz and excitement about entrepreneurship at U-Mich.” We should think so given the entire student body is 45,000 in enrollment!