Applicants are invited to apply for the Innovate WithIN’s 2022 Statewide Pitch Competition.
Donor Name: Inovate WithIN
State: Indiana
County: All Counites
Type of Grant: Grant
Deadline (mm/dd/yyyy): 02/04/2022
Size of the Grant: $25,000
Details:
Innovate WithIN’s premiere event is it’s annual statewide pitch competition. This competition allows high schoolers from every region of the state a chance to pitch their entrepreneurial idea for a chance at $25,000 and the opportunity to collaborate with world-class innovators to help turn your business from a dream into a reality.
How it Works
Phase 1
- Teams (of up to 3 members) complete a business plan and 3 minute video pitch outlining their idea (guided by a short companion course).
Phase 2
- 10 teams are selected in each of Indiana’s 9 ESC regions. These teams will deliver a “Shark Tank” style, 5 minute pitch to a panel of judges at a Regional Finals event.
- To prepare, they will receive a guided counseling session from the Indiana Small Business Development center to help prepare their business model.
Phase 3
- Regional finalists participate in an 8-week bootcamp where they collaborate with world-class, innovators, entrepreneurs and others from our celebrity network to bring their idea to reality. This bootcamp is designed to develop market-ready prototypes and revenue models.
- This culminates in the State Finals event where the regional finalists will pitch their new, refined businesses to a panel of government officials, venture capitalists, and local entrepreneurs.
- The winning business receives $25,000 in seed funding, and team members can receive up to $10,000 in tuition to any Indiana college, and additional prizes worth $5,000.
Eligibility Criteria
The Innovate WithIN Pitch Competition is open to everyone aged 14-18 that lives (or attends school) in Indiana.
For more information, visit Statewide Pitch Competition.