Katrina Ball emerged the winner after competing entrepreneurs pitched their business ideas to an expert panel with cash prizes at stake.At the fourth annual Rocket Pitch competition, organised by the Bermuda Economic Development Corporation (formerly the Bermuda Small Business Development Corporation), Ms Ball’s concept of ‘Bermuda Parent Magazine’ won top honours.Alex Jones took second with MantasticShopping, and third went to podiatrists Natalie Bennett and Stuart McIntosh for Island Sole.The event, which was held last Thursday evening, was part of Global Entrepreneurship Week.Seventeen competitors presented their ideas, ranging from a ‘cupcakery’, a lunch delivery service, a traditional Bermudian cuisine caterer, a blender of specialised teas, to a producer of elegant three dimensional wedding invitations, a mobile message services, a unique retail shop-on-wheels, and specialists providing custom fit stylish corrective footwear to an information magazine and portal for new parents, a search portal geared toward men who need help selecting gifts for woman, and an application for directing just-in-time ads to mobile devices.Up for grabs was the prize of $4,500 in venture funding.“The framework of the Rocket Pitch presentation is simple,” said Jamilah Lodge, business development officer for the BEDC. “The presenter has five minutes to tell a story to potential investors and then respond to questions.“The main goal of a Rocket Pitch is to illustrate a business opportunity. A pitch needs to be clear and straightforward and not overly technical.”The judges who chose the top three were Michael Veale, senior vice-president of Capital G Bank Ltd; Tee Ogunyemi, vice-president of corporate banking at Butterfield Bank; Michelle Khaldun, general manager of the BEDC, and Anthony Foster, owner of Bermuda Sanitation and Engineering and BEDC chairman.Joe Mahoney, executive director of the Youth Entrepreneurship Initiative and coordinator of the GEW Bermuda Host Committee, said: “We believe that every entrepreneur who enters the Rocket Pitch Competition is a winner for getting their dream of starting a business underway by coming in to present their business plan.”The event was sponsored by Capital G Bank, Butterfield Bank and BEDC.