Since arriving in Nicaragua, Fellows in VV GROW have worked on their business objectives for the short, medium and long-term, crucial prep work for creating a compelling two-minute elevator pitch. On day three of the program the women presented these pitches, a concise explanation of their business paired with a specific ask, to a panel of judges comprised of Nicaraguan business leaders. High-level businesswomen and men joined Vital Voices at the Hilton Princess Hotel in Managua to share their expertise, act as potential clients, investors, or partners, and to provide feedback and advice.
Even though the Fellows had practiced their pitches throughout the day with the Vital Voices team, trainers, in groups, and in front of the mirror, tensions ran high. Results were excellent, however. The judges, moderators and participants provided positive feedback with constructive suggestions regarding how the women could more clearly and concisely convey their business ideas and needs. Some women walked away with new ideas, some organized meetings with judges, while others capitalized on the opportunity to further present their products and services to the prospects and special guests who attended the day’s closing cocktail reception.
The pitches went so well, in fact, that the judges were eager to provide additional opportunities for the participants, stressing that the VV GROW participants are ready for investment. Several even commented that they could personally facilitate introductions between investors and the Fellows.
Mercedes Deshon, co-founder of Vital Voices Nicaragua, said about the event: “It [was] a great honor for Nicaragua to host 29 wonderful business owners from 14 different countries participating in VV GROW. The Vital Voices’ Business Pitch evaluation event last night was a huge success. Thanks to the talented judges (CALI invasion!), moderators and rock star VV staff, we counted so many shining moments.”
Vital Voices Nicaragua, along with VV GROW, has been fundamental for women business owners in the country, providing value and guidance for the Fellows in growing their businesses and networks throughout the region.
Photo at top: VV GROW participant group photo. Picture gallery below.