The Pacific Asian Center for Entrepreneurship

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About

The UH Breakthrough Innovation Challenge is an entrepreneurial competition where participants pitch their innovative business idea to a panel of judges, for a chance to win cash prizes. The purpose of this challenge is to expose students and faculty in all disciplines to entrepreneurial thinking and to bring recognition and attention to unique business ideas at UH. The Challenge does not require a business plan or complicated financial statements. The Challenge pairs competitors with business mentors, and teaches students to research market opportunities, seek customer validation, and determine the commercial potential of their idea. Furthermore, students hone their presentation and communication skills. This program serves as a stepping stone for the rigorous Business Plan Competition in the spring semester.

The Challenge is organized into three phases:

PHASE 1 - VIDEO ENTRY. In the qualifying round, participants submit a 2-minute YouTube video describing their innovation and its market opportunity. The video submissions are viewed and ranked by a preliminary round of judges.

PHASE 2 - COACHING. The best videos are announced. These finalists are paired with a coach to help prepare them for the live pitch in the final phase. The mentors provide coaching on content and presentation skills.

PHASE 3 - LIVE PITCH. The finalists present their business idea to a judging panel and live audience. The panel may be comprised of venture capitalists, entrepreneurs, angel investors, and other professionals. The presentations are evaluated and the winners are announced immediately.

The challenge is made possible by the generous donation of Accuity LLP.