The goal of the Purdue University's Burton D. Morgan Business Model Competition is to provide an opportunity for Purdue students to learn about entrepreneurship through the development and presentation of a business idea to a panel of judges.
Participants in the competition will have an opportunity to define their ideas in commercial terms and to compete for substantial cash prizes that could be used to further the commercialization of their inventions.
Purdue University's Elevator Pitch Competition was created in 2006 and is hosted by the Certificate in Entrepreneurship and Innovation Program. The competition gives participants two minutes to describe the value of their entrepreneurial business venture to a panel of judges. There are two divisions in this competition: one for Purdue Certificate in Entrepreneurship and Innovation undergraduate students and another for staff/faculty entrepreneurs, graduate students, representatives from Purdue Research Park companies or Certificate Program Alum. The competition has several sponsors including Otis Elevator Company- marking its 7th consecutive year.