• What

    Pitch your business idea or concept for a chance to win over $4,000 (across multiple categories) in seed funding.

    1st-$1,500

    2nd-$1,000

    3rd-$500

     

     

    1st place undergraduate team moves on to the Entrepreneurship Education Consortium regional IdeaLabs competition!

     

    Check out an overview and pictures from last year!

    $500 Social Enterprise Award

    We are proud to announce an additional prize in the 2016 Idea Olympics. The $500 Social Enterprise Award is being generously provided by the Business of Good Foundation.

     

    Competition judges will be tasked with selecting the overall winners, as well as the additional $500 Social Enterprise Award. The Social Enterprise Award will be presented to the top business/idea that incorporates social change/good into its company mission.

  • When

     

     

    Applications due Friday, March 4th by 5pm (see below for application process)

     

    (Finalists will be selected out of the written/video applications to pitch in person)

     

    Finalists Notified: March 9th

     

    Finalists Present March 16th

     

  • Who?

    This competition is open to all Kent State students (undergrad, grad, PhD) regardless of major

    This competition is for new business ideas (not created before Fall 2015).

  • Application Information

     

    Important Information:

     

    Application Deadline for written application & video pitch:

    March 4th by 5pm

     

     

    (Finalists will be selected out of the written/video applications to pitch in person)

     

    Finalists Notified: March 9th

    Finalists Present: March 16th

     

    Part 1: Written Application

     

    The application should be formatted as an executive summary (word.doc or pdf, 2-3 pages in 12-point font, double-spaced) and summary should include:

     

    Concept:

     

    Describe your concept. What is the specific idea? Who is the customer? What is the value proposition? Explain the “pain” addressed and the solution this concept provides.

     

    Feasibility:

     

    How will the business generate revenue? What are your expected sources of revenue? Why will this concept succeed? Is this a viable concept?

     

    Market Opportunity:

     

    Calculate the market size or potential. What will be your measure of success? What is the financial potential of your concept? What competition do you anticipate (direct and indirect) Why is your concept better? Describe the risks of this market opportunity.

     

    Team

     

    Who is on your management team? Skills, background, etc. What are your anticipated roles? What skills does your team lack and how will you fill the gap?

     

    Part 2: Video Pitch

     

    Please create a 90 second video elevator pitch of your idea. You may use any format that is compatible with YouTube or Vimeo. KSUTube also allows for passwords for private videos. https://ksutube.kent.edu/

     

  • Contact

    launchnet@kent.edu

    330-672-6700