http://www.houstontech.org Houston Technology Center Release RSS feed. . Copyright 2005, Houston Technology Center Tendenci Membership Management Software by Schipul - The Web Marketing Company en-us noemail@houstontech.org Wed, 08 Sep 2010 05:49:22 GMT Release http://www.houstontech.org/en/rel/380/ (HOUSTON) – November 19, 2009 – Twenty-five Senior Design Teams competed for prizes Thursday night at Rice University’s Brown School of Engineering Elevator Pitch Contest. The purpose of the contest was to get students to think about the commercial viability of their designs before building prototypes. Teams had 60 seconds to pitch their design project to an audience of local venture capitalists and business leaders. They were judged on their ability to sell their project in a 60 second pitch. Students had to describe the market need or problem solved, design functionality, market viability and revenue potential. “It’s one thing to have a great idea, it’s quite another to convince a room of seasoned venture capitalists that your idea is worth a second thought and that’s exactly what these students did, “ said Tom Kraft of the Houston Technology Center. “Over several weeks, we coached students on how to get their ideas off the... http://www.houstontech.org/en/rel/380/ noemail@houstontech.org Thu, 19 Nov 2009 20:00:00 GMT