The Practice Pitch is completed after the 90-day Sprint training. The practice pitch is not a formal investment pitch. It is not a guarantee of investment, rather it is a tool to help entrepreneurs prepare for an investment or sponsorship after the completion of Pace to Success training.

The purpose of the Practice Pitch is to provide feedback, guidance, and insight to entrepreneurs to help them refine their business plan and adjust their approach before implementation (e.g., prove the concept via pilot, develop a minimum valuable product (MVP), and launch operations).

Entrepreneurs are evaluated using five categories. The first four categories are scored using a weighted percentage of the Total Score in each category. The fifth category determines the investment or sponsorship potential of the business venture.

Evaluation Categories

  • Leadership Potential
  • Management Potential
  • Philanthropy Elements
  • Business Elements
  • Investment or Sponsorship Potential

10 - minutes to complete per presenter

An entrepreneur may have setup the business to be one of three types a Business Entrepreneur (for-profit), Ultimate Philanthropist (nonprofit), and Business Philanthropist (hybrid). When evaluating an business and entrepreneur(s), it is necessary to identify which business type he, she, or they have registered with the local or state government. The business type is key to providing valuable contextual feedback and recommendations.

Completing the Scorecard

Every question receives a Quantity (QN) Score. A Quality (QL) Score is given only if the
item is observed to be present (exists/manifests) during the pitch.

QN SCORE

The first column measures the quantity and is a QN Score based on whether the item exists or does not exist. A numerical value of one (1) is given to an item that is present and a zero (0) if it is not present.

QL SCORE

A QL Score is given based on the perceived value of the item. A QL Score is only given if the item exists, which means you gave the item a one (1) in the QN Score column. To score an item based on its quality use the rating scale below.

Non-Extant
Extant
0 1
Strongly Disagree
Disagree
Neutral
Agree
Strongly Agree
-2 -1 0 +1 +2

EXAMPLE QUESTION

practice-pitch-example-question
0