Rocket Pitch Competition

What is the Rocket Pitch Competition?

What does a budding entrepreneur do when they have a great idea, but no capital to get their idea started?  They enter the BEDC Rocket Pitch Competition!
 
The Rocket Pitch Competition was launched in 2008 as part of the inaugural Global Entrepreneurship Week, a weeklong celebration to inspire, mentor and engage the public around all things entrepreneurial. This Island-wide business plan competition is a chance for emerging entrepreneurs to submit a plan to launch an enterprise providing products or services to both local and global challenges of any type.

Over the past eleven years, the Rocket Pitch Competition has helped entrepreneurs to launch or expand over forty businesses. 

How Does it Work?
 

The framework of the Rocket Pitch presentation is simple, the presenter has five minutes to tell a story to potential investors and then respond to questions. The main goal of a Rocket Pitch is to illustrate a business opportunity. A pitch needs to be clear and straightforward and not overly technical.  Those that enter the Competition and make it to the finals receive a cash award that has ranged from $1,000 – $5,000.

Rocket Pitch Categories

• Pitch Green: Business Ideas that have minimal negative impact on the global or local environment, community, society, or economy.
• Pitch Pink: Business Ideas that are related or contribute to the tourism industry in Bermuda. Sponsored by the Bermuda Tourism Authority.
• Pitch Food & Beverage: Business Ideas that are related or contribute to the Food & Beverage industry in Bermuda. Must be 18yrs+ to enter. Sponsored by Bacardi Ltd.
• Pitch Town: Business Ideas that contribute to Bermuda's local economy.
• Youth Pitch: Business Ideas formulated by our youth, those 18yrs and younger.
• Pitch Tech: Business Ideas that are related or contribute to the tech industry in Bermuda.