University of St. Thomas Schulze School of Entrepreneurship and EIX to Recognize, Reward Nation's Leading Undergraduate Entrepreneurs
E-Fest competition to award more than $250,000 in grants and scholarships
MINNEAPOLIS – November 1, 2016 – Undergraduate college students from around the country will have the chance to compete for over $250,000 in grants and scholarships at a three-day celebration of undergraduate entrepreneurship April 6-8, 2017, in Minneapolis.
E-Fest, sponsored by the Richard M. Schulze School of Entrepreneurship at the University of St. Thomas, and EIX.org, a non-profit online platform for entrepreneurship education, will celebrate 25 student teams who submit the best business ideas in a preliminary competition. The event will feature workshops, an Innovation Challenge and keynote speeches from Schulze himself, who is founder and chairman emeritus of Best Buy, Inc., and Daymond John, founder of FUBU and a regular on television's Shark Tank. The 25 student teams will receive $2,000 travel stipends and hotel will be provided.
Awarding Entrepreneurial Excellence
Students with the three best business ideas will receive $100,000, $50,000 and $25,000, respectively, in prizes, with an additional $10,000, $5,000 and $2,500 in grants going to their respective universities to support entrepreneurship education. A Friday night Innovation Challenge will respectively award $20,000, $10,000 and $5,000 in scholarships to student teams who develop the best solution to a business challenge posed that evening.
How to Enter
Entrants must develop and submit a seven-minute video and 15-slide presentation slides detailing their business ideas by February 17, 2017. Complete entry information and contest rules will be available in on EIX.org on November 2, 2016.
As the preliminary competition gets underway, EIX and the Schulze Family Foundation will award up to 100 development grants of $2,500 each to institutions to support developing teams for the Business Idea Competition. More information on applying for those grants will be available on www.EIX.org on November 2, 2016
Please consider applying for the development grants and entering teams. This is far more than just a business plan competition. This is going to be a unique event.
David Deeds
Editor-in-Chief
Entrepreneurship and Innovation Exchange
Sandra Schulze Professor of Entrepreneurship
Schulze School of Entrepreneurship
Opus College of Business
The University of St. Thomas
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