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Problem Pitch Competition

Problem Pitch Competition

What’s wrong with your favourite recreation?

What stops you from fully enjoying your favourite recreation?

Does this problem also stop other people from enjoying the same recreation?

Does this problem stop other people from even trying this recreation?

Are a large number of people affected by this problem?

Could fixing this problem increase the number of people who participate in this recreation?

Could fixing this problem increase the number of hours that people spend on this recreation?

Could fixing this problem potentially make a lot of money?


If you can persuade a panel of judges that you have identified an important commercial problem in recreation and that you thoroughly understand the problem, you can win a financial award to help you and your team create a solution to the problem.

First place winners receive $3000, with an additional $3000 for demonstrated progress. Second place winners receive $2000, with an additional $2000 for demonstrated progress. A funding pool of $10,000 is available.

JOIN the Problem Pitch Competition for First-Year Students. Application now available.

 

How to apply

 

Organize a team of students who enjoy the same recreation, or selection of recreations then download The Steps Guide [PDF] to learn how to complete your submission document.

  1. Fill out an application - NOW OPEN.
  2. If selected complete the following:
    1. Attend two preparatory workshops on January 23 and 24, 2018, specific timing will be announced in Winter term.
    2. Submit your problem document on January 31, 2018. Information for how to complete this document can be found here.
 

Important dates

 
Event Date Location
Application opens Tuesday January 2, 2018 Online
Application closes Tuesday January 21, 2018 Online
Problem brief workshop Wednesday January 24, 2018 from 1pm - 3pm Village 1 - Room 187
Research workshop Tuesday January 23, 2018 from 1pm - 3pm Village 1 - Room 187
Problem brief submission deadline Tuesday January 31, 2018 Online
Pitch finalists selected Tuesday February 6, 2018 Sent to your UWaterloo email
Practice pitches Friday February 9, 2018 Village 1 - Room 210 (training room)
Problem Pitch Night Tuesday February 13, 2018 Claudette Millar Hall (CMH formerly NRB) Great Hall

The two workshops listed above are optional and not mandatory but they are incredibly valuable for students to attend as they will help teams better prepare for the pitch competition. If students cannot attend either of the workshops, they are welcome to attend the same workshop for the Open Problem Pitch. The times and location are posted on the Velocity Problem Pitch webpage.

 

The Pitch

 

The six teams with the strongest analysis of commercially important problems will be asked to pitch on February 13, 2018. Your five-minute problem pitch will present your understanding of the problem. The two teams with the most persuasive and documented analysis will win.

As a starting point, download the Recreation Revenues [PDF] to learn about different industries within recreation.

If you have any questions please email Danielle Burt, dkburt@uwaterloo.ca

 

Eligibility

 

This competition is open to teams of 1 to 4 people. We encourage your team to bring together individuals from diverse backgrounds and areas of study. The majority of the team participants must be first-year students living in a University of Waterloo Residence. All team members must be a current full-time, or part-time University of Waterloo first-year students.

Not a first year student but still interested in participating? Check out the campus wide Problem Pitch Competition here.