Participants
Participants will also have access to networks of entrepreneurs, economic developers,
investors, and others as they move through the program. The rigor of the competition
sharpens critical thinking, team building, presentation, and other soft skills – all-important
to career success.
Key Component
A key component to team success is a faculty or staff advisor. Each team will be required
to have one advisor, who will work with them throughout the competition on focusing
their idea, creating and polishing the written business plan, and preparing for the
oral presentation. Advisors are eligible to work with more than one team and are also
awarded a cash prize for their team(s) placing. Would you like to help? Training will
be provided, so you don’t need entrepreneurship experience to participate.
Prizes
FIRST PLACE TEAM* $50,000
SECOND PLACE TEAM* $25,000
THIRD PLACE TEAM* $10,000
ELEVATOR PITCH WINNER (individual) $2,000
*First, Second, and Third Place faculty advisors to receive $3,000.
All winning team members and their advisors will also receive certificates and their
schools will receive trophies.
