Each team will demonstrate their basic business ideas in front of a panel of faculty judges and a virtual audience. Each team will talk for three minutes with a digital whiteboard as a visual aid to draw out their business concept. Judges will then have two minutes for Q&A and up to two minutes for scoring. The judges are not looking for in-depth details regarding the business at this stage, rather the whiteboard competition is focused on ideas. This presentation will give the judges a general idea about your business idea, what differentiates your business and how much potential the business possesses. Your presentation with the whiteboard will be scored on a team basis. The top five teams will enter Round II.