i3 Idea Challenge Seeks Entries
A total of $30,000 is up for grabs.
Students are asked to submit a three-minute video pitch and a three-page executive summary of their business to the Wilson Centre by April 30.
The ideas are vetted by a panel of judges and the top 3 will win $10,000, $5,000 and $5,000, plus in-kind support that includes mentorship, strategic planning sessions and legal and accounting assistance.
"There are so many talented, aspiring young entrepreneurs at the university, and we want to give them the resources to get their ideas up and running," said Stephanie Yong, director of the Wilson Centre, in a news release.
"Money is great, but having access to mentorship, support and guidance from these in-kind services is even better," added last year's first place winner Lyndon Lisitza.
Lisitza won the 2012 challenge with Renterra Land Auctions, a web-based platform that makes it easier for landowners and land renters to connect.
His business is now up and running.
This year's i3 Idea Challenge will officially launch at the Bassment on Jan. 30 from 5-7 p.m. with a speed networking event to connect students with potential business partners, as well as financiers and mentors.