Pitch your business plan to VCs via mobile phone — on MyWaves

MyWaves, a Sunnyvale start-up that lets you shoot video with your mobile and email it to an online account where others can see it, has raised $6 million from Menlo Ventures.

VentureBeat may write more about this company next week, but for now, we point to their latest gimmick: Pitch your start-up idea to a panel of high-profile venture capitalists in a competition than runs through Feb. 15. The winning entrepreneurs will be flown to Silicon Valley to present their business plans to partners from Kleiner Perkins Caufield & Byers, Menlo Ventures, Redpoint Ventures, and Sequoia Capital. The winning plan is guaranteed 6 months of free office rent startup incubation facility Plug&Play. There are lots of these competitions happening all over the place, but time is short. CRV limited pitches to 60 seconds. MyWaves is limiting it to 30 seconds.

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Your mobile phone obviously has to be video-enabled, and you’ll have to download the MyWaves software. MyWaves has plenty of competition these days, Juicecaster, Veeker and Eyespot to name just a few.