Never Mind What They Say about the Economy; Opportunity is Knocking for Entrepreneurs

October 19, 2010. Even when capital investment is at an all time low, entrepreneurs with fresh ideas can still get financial backing. Angel investment group Vydrogen has launched their first elevator pitch challenge and the winner will take $2500 to the bank. Other successful entrants will gain access to Vydrogens Angel Investment Network, saving them anywhere from a few hundred to a few thousand dollars that’s normally charged just to get in front of investment groups.

Elevator Pitch Challenge is based on the old adage about a business idea that gets pitched to an executive quickly and concisely- in the time it takes to ride an elevator to the top floor. Vydrogen is looking for a winning 90 second elevator pitch that doesn’t overwhelm with details, but cuts to the chase about a big idea.

Vydrogen founder Jack Martin has big hopes for the Elevator Pitch Challenge. Martin says the Elevator Pitch Challenge isn’t just about finding a winner and giving away $2500. “My hope is that through Elevator Pitch Challenge, people will learn more about Vydrogen and come to us for help getting their new business ideas off the ground. When Vydrogen is a go-to investment group for entrepreneurs not just here in Colorado, but across the U.S., I’ll know we’ve succeeded in our mission at Vydrogen.”

Elevator Pitch Challenge is open for public entry. Entrants can submit their video pitch at www.elevatorpitch.co now through December 31, 2010. The Elevator Pitch Challenge will be judged by Vydrogen founder Jack Martin, Ben Lee M.D., Nick Casares, Greg Tanner and Ted Menadier.

Vydrogen Elevator Pitch Challenge Begins- $2500 Grand Prize

October 19, 2010. Announcing the start of Elevator Pitch Challenge, sponsored by angel investor group Vydrogen. Entrepreneurs (or anyone with a big idea!) can register and submit their elevator pitch video online at www.elevatorpitch.co.

The best elevator pitch can win a $2500 grand prize and other highly qualified elevator pitches can gain access to Vydrogens’ investment network.  This is a great opportunity for anyone needing business funding, who wants to get an idea in front of investors, gather valuable feedback, connect with new advisors, and possibly win some cash.

Judging the video submissions for Elevator Pitch Challenge is Vydrogen CEO Jack Martin, Managing Partner Greg Tanner, website and internet guru Nick Casares, Ted Menadier MBA, Ben Lee M.D. and Stephen Ryan. BIO’s on all judges can be found at Vydrogen’s website www.vydrogen.com.

“Major opportunities in the marketplace often arise from market convergence, a scenario where the status quo dominates. That’s where Vydrogen comes in. Simply put, we are helping forward-thinking entrepreneurs disrupt the status quo. This basis of doing business inspired us to create the Elevator Pitch Challenge. There are people out there with ground-breaking ideas for new businesses and new products. Our job is to find and to fund them,” commented Vydrogen CEO Jack Martin.

The Elevator Pitch Challenge 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.