Southern Region Success Stories

Motorbriiz Wins 2nd Annual Crab Pot Pitch

So MD SBDC is proud to share that Michael Steele, Owner of Motorbriiz, is the winner of the 2nd Annual Crab Pot Pitch. Crab Pot is a joint venture of the Southern Maryland Innovation and Technology (SMIT) meetup and PaxSpace. Crab Pot 2016 is a Southern Maryland Pitch Contest that was held on Thursday, May 12, 2016 at the Patuxent River Naval Air Museum.

Mr. Steele's innovation is a motorcycle chain oiler that is easy to install, easy to use, and environmentally friendly. The Motorbriiz oiler is powered by the most plentiful resource available to a motorcycle, the wind. By participating in Crab Pot and other technology based opportunities, Mr. Steele hopes to work towards a more expansive distribution channels. Mr. Steele is also aware that idea pitches are critical to the growth of any business, but especially startups. Pitches are used to make sales, obtain financing, and build relationships. By participating in this opportunity, Mr. Steele has developed, refined and perfected a pitch that can be used to grow his business.

Mr. Steele won the pitch by being evaluated on the following criteria:

• Viability of the Business Concept: "How mature is the plan?"
• Degree of Innovation: "How novel is the idea?"
• Quality of the Pitch: "How well is the plan presented?"
• Economic Impact: "What is the potential impact on our community?"
• As the winner of the contest, Mr. Steele won a cash prize as well as a bushel of local Southern Maryland crabs!

To learn more about Motorbriiz, please visit their website at https://www.motobriiz.com

Posted: October 29, 2016