A pitch contest is a competitive event where entrepreneurs present their business ideas to a panel of judges. Participants typically have a limited time, often just 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 venture. These contests are often organized by universities, startup incubators, or business organizations, and they can attract a variety of participants, from seasoned entrepreneurs to students. Winners may receive cash prizes, mentorship, or opportunities to connect with investors, helping them advance their business goals.