Three UTC students walked away with start-up capital and a paid trip to Tampa, Florida, following the second annual Elevator Pitch Competition. Sponsored by the UTC College of Business CEO Club, seven contestants were given 90 seconds to summarize and deliver a pitch for their business ideas to a panel of judges.
Ted Alling admitted that he and the co-founders of Access America Transport never created a business plan and “none of us are smart people.” What he and his two best friends from college did have were complementary skills and two goals: to create the best place in America to work, and to form a company that would make $100 million dollars.
When Iveta Radicova, former Prime Minister of Slovakia, first visited the United States in the ’90s, she caught a glimpse of the Statue of Liberty from the window of the airplane. “Instead of holding a flame, she should be holding a credit card. Because the entrance to the rights and freedoms, and the standard of living we enjoy primarily relies on credits,” she said.
When foreign economies show signs of distress, US investors take note and the stock market becomes more volatile. During last year’s Greek financial crisis, Iveta Radicova’s voice was heard. Radicova, the former Prime Minister of Slovakia, will speak at The University of Tennessee at Chattanooga as part of the Decosimo Lecture Series on Global Business on Tuesday, November 5, from 9:25 – 10:40 a.m. in the Raccoon Mountain Room of the UTC University Center. Her presentation to economics students is free and open to the UTC community and to the public.