$1,000 in Three Minutes? True Story.

On April 19, budding entrepreneurs will present their business plans to a panel of judges for a chance to win $1,000 in three minutes at the Pace Pitch Contest.

This isn’t online spam. You don’t need to wire anything to anywhere to get started. This is what Pace calls “Opportunity through Entrepreneurship.”

On April 19, Entrepreneurship @ Lubin will host the Eighth Annual Pace Pitch Contest from 5:00 p.m. to 8:00 p.m. in the 18th Floor Banquet Room at 163 William Street in NYC.

The Pace Pitch Contest is based on the Elevator Pitch concept, popular in the venture capital community. It is an extremely concise presentation of an entrepreneur’s idea, business model, marketing strategy, competitive analysis, and financial plan, which is delivered to potential investors. The premise is that it could be made in a few minutes, should the entrepreneur spot a potential investor on an elevator and have the opportunity to pitch their idea during the brief ride.

Each finalist will have exactly three minutes to pitch their new venture idea to a panel of Pace alumni entrepreneur judges and an enthusiastic audience. Cash prizes will be awarded. $1,000 for first place, $500 for second place, and $250 for third place.

Even if you didn’t enter┬áthe competition, you should stop by and watch the future Bill Gates’ and Warren Buffett’s of the world present their business plans. RSVP for the Cheering Section.