Twitter Pitch Contest at MIT
The organizers of the MIT’s $100K Entrepreneurship Competition, which is celebrating its 20th year in 2010, announced last week the newest addition to their lineup of contests: a $500 Twitter pitch or “Twitch” competition. Anyone can enter by tweeting their business idea in 140 character or less, reserving 11 characters for the required hash tag “#100kTwitch”. Organizers say they’ll judge entries based both on creative quality of the pitches and their “virality”—ideas that get retweeted by Twitter users with lots of followers will earn more points. A winner will be announced May 12. The full rules for the Twitter pitch contest, which will kick off at 9:00 a.m. on April 20, are here.