Definition
During a pitch session, idea teams present their ideas to a panel and answer potential questions. The panel then decides whether or not to invest in the idea.
Pitch sessions offer the opportunity to gain insight into an idea and the team behind it, which are both crucial for success.
They are often held in connection with significant milestones, e.g. at the final of an innovation challenge, but also with smaller events, such as screening and selection meetings, where the option of asking questions can be of great importance.
Pitch sessions have long been a key tool for venture capital but are becoming increasingly popular within companies.
An innovation challenge can be seen as an extended version of an idea campaign with a more ambitious topic, a wider reach in terms of participants, a greater communication effort, and a more ambitious process from ideation, over idea maturation, to pitching and awards ceremony…
An Idea Campaign is a time-bound, topic-focused initiative to ideate, screen, develop and validate ideas. It is used to address business or technical problems that require input from a broad group of people. The idea campaign is a simple method to quickly solve small and big problems…
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