Business Bulletin: Fall 2021

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Pitching for cash For the past five years, Director

of 32 student teams. Each of those

ground. “At this point, we have had 11

of the Center for Entrepreneurship

winning teams then qualify to apply

teams take their idea to some stage

and Economic Development (CEED)

to the statewide event, the Idaho

of start-up,” Street noted. “We feel

Dr. Jeff Street has led the U.S. Bank

Entrepreneur Challenge (IEC), held in

we have one team this year that will

Pitch-Off event, which challenges

Boise each spring.

make it to start-up stage.”

students to develop a business plan

“Most of the winning teams in these

“This is a terrific event with huge

for a product or service and present

events are small business ideas that

educational value for our students,”

it to a panel of judges in just 10

could be started with the resources

said Director of the Small Business

minutes. For the second year, Street

found in Idaho,” said Street. Among

Development Center Ann Swanson.

added the introduction business

the winning teams was a holiday

Throughout the competition, the

course, Management 1101, to the

decoration

service

entire CEED team, including the

mix, inviting 148 underclassmen to

with a return and resale mechanism.

SBDC, serves as a resource for

join a Shark Tank 101 challenge prior

Another idea was for a mechanical

students to help get their ideas

to the annual Pitch-Off event.

device used to help train K-9 police

rolling and to the feasibility stage.

“We typically invite 24 teams to

dogs with a hands-off approach.

“Students see it as one of the best

participate in the U.S. Bank Pitch-

Another winning idea was a food

activities they have had in their

Off event, so when space allows, the

truck aimed at the Boise downtown

business education,” said Street.

top scoring teams from Shark Tank

market which would offer unique

“It is a great confidence builder

101 are invited to join and compete

regional foods, and the last winning

and a chance to use their business

in the U.S. Bank Pitch-Off for seniors

idea was a locator device made to

education and passion for starting

and graduate students from across

look like jewelry for senior citizens

a business. Judges return year after

campus,” said Street.

suffering from memory problems.

year to help with the event and

This year, two underclassmen from

Throughout the years, the Pitch-Off

always speak highly of the quality of

Shark Tank 101 were invited to

and IEC events have provided students

ideas and presentation skills of our

participate in the U.S. Bank Pitch-

with the amazing opportunity to get

students.”

Off for cash prizes, making a total

their entrepreneurial ideas off the

subscription

John Ney (left) and Dr. Jeff Street (right) pose with student winners. Photo 1: Sofia Milovanovic, Hannah Rasmussen, Emily Christopherson; Photo 2: Audrey Moerer; Photo 3: Lynnea Dale; Photo 4: Channing Mitson; Photo 5: Rylle Dawson; Photo 6: Lara Maccabee, Emelia Childress


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