$100K Prize Package Up For Grabs In High School Business Planning Competition
By Mike Perleberg
(Muncie, Ind.) – Indiana high school students are being given an opportunity to win cash as part of a new entrepreneurship competition.
Ball State University, the Indiana Economic Development Corporation, and the Indiana Department of Education have partnered to create the Innovate WithIN Pitch Competition. The new program will launch in early 2018 at www.innovatewithin.org.
According to the university, Innovate WithIN will foster entrepreneurship across Indiana, helping the state’s youth acquire skills and expertise to support long-term growth as the next generation of leaders.
And there’s plenty of incentive for Hoosier students to consider entering the competition. A prize package of over $100,000 is being offered.
Entrants – either individuals or teams of up to three – will enter online with a video submission of their business idea due by February 10. They will compete at regional rounds taking place in March. From each regional round, an individual or team will be invited to the state competition next April in Indianapolis to pitch their business to a panel of judges.
Innovate WithIN is part of Governor Eric Holcomb’s Innovation and Entrepreneurship Initiative.
“Indiana’s growing list of Hoosier entrepreneurs and innovators continues to show what we have long known: Indiana is a national leader in innovation,” said Elaine Bedel, IEDC president. “To continue our economic momentum, Gov. Holcomb plans to take Indiana to the next level by strengthening and accelerating Hoosier innovation, ensuring Indiana plays a leading role in solving 21st century challenges. As part of our journey to the next level, this program will help foster an entrepreneurial spirit among our leaders of tomorrow, empowering Hoosier students to hone their innovative thinking. We are excited to witness the many talents our young Hoosier entrepreneurs have to showcase and are confident they will play a leading role in Indiana’s future success.”
Indiana Superintendent of Public Instruction Dr. Jennifer McCormick said Indiana’s high schools are full of students who every day are being prepared at the top level for a bright and prosperous future.
“This competition is a great opportunity for our students to showcase what they bring to the classroom and what the classroom has brought to them. We have some of the most academically prepared students in the nation, and I’m excited to see what they will bring to this challenge,” McCormick said.