This page contains information for UI Program and Academic Alumni interested in participating in the Iowa Innovation Challenge.

*If you are an undergrad student please see this page for additional information.
*If you are UI Faculty, Staff, Graduate Student, or Incubator Startup, please see this page for additional information.

SPRING BUSINESS MODEL COMPETITION

Information for UI Program and Academic Alumni
 

  • Deadline to apply is March 27
  • $25,000 in prizes available
  • Applications will be reviewed and 10 finalists will be selected to advance to the competition and will receive additional details at that time.
  • Winners will be announced and top video submissions will be viewed and voted on by the public for people's choice award at the Iowa Innovation and Entrepreneurship Honors on April 23.
  • We define "UI Program or Academic Alumni" as either have previously been enrolled as a student at UI, or having participated in an Iowa JPEC outreach program. These outreach programs include Venture School alumni, Business Consulting Clients, Small Business Development Center Clients, and businesses who employed a student intern through our Iowa Innovation Associates program.

Apply today

APPLICATION

A five-page maximum executive summary will be submitted as a part of the application process and is due March 27. This summary should include:

  • Problem and solution
  • Value proposition
  • Customer segments
  • Financial potential
  • Current Status and milestones achieved
  • Use of proceeds
  • Validation using Business Model Canvas process

A 60 second (max) video submission covering a subset of the above will also be required as a part of the application. If selected as a finalist, this video will be shown at the Iowa Innovation and Entrepreneurship Honors event on April 23 and used for public voting for the People's Choice award.

ELIGIBILITY

  • Must meet one of the following requirements:
    • Previously been enrolled as a student at UI
    • Be an alum of the Venture School program
    • Be a current or past Iowa JPEC Business Consulting Client
    • Be a current or past Small Business Development Center Client
    • Be a business who employed a student intern through our Iowa Innovation Associates program
  • Individual signing up and pitching must be a Founder/Co-Founder and/or have equal or controlling interest in the business.
  • Businesses of all levels are accepted.

Next Steps

Applications for the spring Iowa Innovation Challenge Business Model Competition are due on March 27, 2020.

 Contact us Apply today