Investment New Mexico Startup Contest Startups

Albuquerque Hosting Ski Lift Pitch Event

abqidskilift Albuquerque Hosting Ski Lift Pitch EventEvery entrepreneur knows what an elevator pitch is, it’s the quickest pitch you can make that gets your point across. In your elevator pitch you want to get an investor, supporter, or media person engaged with your idea in the time it takes for an elevator ride.

Imagine for a second that the experience could be a little longer and a little more intimate.

That’s what the folks at the ABQid business accelerator are hoping for with the first of it’s kind ski lift pitch event.

The Taos Ski Valley just opened a new left at Kachina’s Peak. The new ski lift offers breath taking views and helps skiers get to the top of a beautiful mountain.  The lift compliments an area of the resort called “Main Street” which before last week, was only accessible by hiking.

So far it doesn’t appear that a ski life pitch event has ever been done before. The idea is to pair entrepreneurs and startup founders with investors who can take the ski lift ride together. The 15 minute ride up the mountain will give the investor and entrepreneur a little more time to discuss the startups, ideas and opportunities.

“It’s a way to attract investors to New Mexico,” ABQid board member Katie Szczepaniak Rice told the Albuquerque Journal. “We’re giving them a great reason to come out to a world-class ski destination while learning about some of our startups. And it’s giving some local entrepreneurs an opportunity to meet investors, make connections and build relationships.”

ABQid selected 12 entrepreneurs prior to the event, which happens today. Each of the 12 entrepreneurs will take three different ski lift rides with 3 different investors and business people from New Mexico and five other states. After everyone has finished pitching the investors will return to the ski lodge where they will pick a winner to receive a $10,000 prize.

The ski lift pitch will give entrepreneurs and investors a better chance to ask and answer questions and find out more about the idea. In typical pitch competitions investors are relegated to 5 or 10 minute Q&A sessions on a stage, under bright lights where the entrepreneurs are typically nervous as heck.

The event also gives the investors and entrepreneurs the opportunity to see some of New Mexicos true beauty and recreation.