Mountain do Brasil, incubator and subsidiary of Swiss investment group Mountain Partners, has opened up a new competition for business ideas. One Line Pitch Mountain do Brasil is open to all those with an idea for a new project or business. Participants will be required to elaborate the product they wish to develop, the group it at which it will be targeted, the problem they’ve identified to fix, and the “special ingredient” they’ll use to solve it.
Initial inscriptions will open October 29, via the Mountain do Brasil Facebook page. Fifteen ideas will be selected to move on to the second phase of the competition, in which they will be required to submit a detailed PowerPoint presentation outlining their ideas. The winner will be chosen by a panel of judges from the Mountain do Brasil team, using criteria such as relevance, originality, market impact and innovation to evaluate.
The victor will be invited to spend the day touring Mountain do Brasil’s incubation facilities and will also be given the opportunity to present the concept to a group of investors and mentors.
Nicolas Gautier, Director of Mountain do Brasil, discussed the aims of the competition:
Having an idea is the first step for anyone who wants to create a startup, but we know that there are many challenges out there as well as many young people who don’t know exactly where to start. This is a great opportunity for those future entrepreneurs.
See the original article here.