Thursday May 15, 2014 0 commentsFORT COLLINS - Twelve student teams from Colorado State University and other universities across the state will compete in a first-of-its-kind business pitch event May 23 aboard Fort Collins Municipal Railway's historic trolley.
The Collegiate Trolley Pitch competition, presented by Fort Collins-based OtterBox, offers cash prizes of $3,000, $2,000 and $1,000 to the top three teams of collegiate entrepreneurs.
During the competition, which runs from 1-4 p.m., the teams will make their "elevator pitch" to judges when they board the trolley along its Mountain Avenue route.
Every time the "Streetcar Named Inspire" stops, competitors disembark and a new team comes aboard to make their pitch.
All of the teams competed in the Collegiate Track of the CSU Blue Ocean Enterprises Challenge on May 2.
Judges for the trolley pitch competition include Nicole Glaros, Techstars managing director; Josh Birks, Fort Collins' economic development director; Paul Hudnut, Bohemian Impact Investments senior advisor for global programs; and Christine Hudson, Fort Collins New Tech founder.
"OtterBox was founded on the entrepreneurial spirit and forged in innovation," said Brian Thomas, OtterBox CEO. "We're dedicated to fostering the same for our community by supporting the Collegiate Trolley Pitch competition. These contenders are tomorrow's business leaders, and we're excited to be a part of their journey."
The public is invited to watch and cheer for trolley competitors along the Mountain Avenue route. Green Ride will provide free shuttles to various trolley stops.
The event is part of the first-ever Fort Collins Startup Week, May 20-25, and precedes the $250,000 Blue Ocean Enterprises Challenge on May 24 at the Fort Collins Lincoln Center.