How It Works: Competition Format
The Innovation in Action competition is comprised of three phases:
During this phase, teams will form and will apply through the website. You should utilize the idea sharing site to create a multidisciplinary team. We will conduct team interviews, and announce teams.
Through a series of workshops, your team will learn the skills necessary for success. This includes what is referred to as the Business Model Canvas as well as Pitch Creation and Presentation. Your team will put your new skills into practice and actively engage in customer discovery, pivots, research, and so on. This is intense but fun learning, and best of all, will be valuable in your future, no matter what you do.
Presentation of Innovations
This final, energizing event provides an opportunity for your team to show what you've learned throughout the competition. Your team will pitch your idea to an experts panel. Awards will be given to the teams that demonstrate the best innovation and learning.
Cash prizes will go to the top ideas:
- 1st Prize: $10,000
- 2nd Prize: $7,500
- 3rd Prize: $5,000
- Audience Choice Award: $1,000