Wednesday, April 8, 2015

The Hatch: A Shark Tank for students!

I'll be attending an exciting opportunity for students at Bowling Green State University to gain experience pitching their business ideas to real investors, in a Shark Tank-style presentation: it's called The Hatch, and you can watch it online!

Here's a link, if you'd like to know more about it: http://www.bgsu.edu/business/centers-and-institutes/dallas-hamilton-center-for-entrepreneurial-leadership/e-week/the-hatch.html

UPDATE:
You can watch the entirety of The Hatch 2015 (for now, at least) at this link:  https://dvss.bgsu.edu/public/publicPlayer.php?movie_id=bd6f624a843753f8592745a1ba4ff49e
The action starts at 38:00.

There were some innovative business ideas, including a way for coaches to diagram their plays using technology, a personalized clothing line, a teddy bear to teach children several languages, and a music sharing app, among others.

Chalk one up for these student entrepreneurs! This program is a great way to give young people practice thinking through an idea, pitching it to investors, and potentially bringing it to market!

One note: the investors appeared to have "inside information." It appears that they were given business plans that were more detailed than the 10-minute pitches allowed. I suppose that's only to be expected, but I wish the investors had to base their initial reactions on the same information that the rest of us had.