Pitch competitions are events where entrepreneurs present their business ideas to a panel of judges, often consisting of investors and industry experts. Participants typically have a limited time, usually a few minutes, to explain their concept, market potential, and business model. The goal is to impress the judges and secure funding or support for their ventures.
These competitions can take place in various formats, including local, national, or international levels, and may focus on specific industries or themes. Winners often receive cash prizes, mentorship, or opportunities to connect with potential investors, helping them advance their business goals and gain valuable exposure.