The Innovation Pitch Competition is hosted every fall and spring semester by the Entrepreneurship & Innovation Learning Community (EILC) for enrolled Iowa State students. Students have the chance to pitch their business concept or idea in a 90-second elevator pitch to a panel of judges. Real cash prizes are awarded in the following categories:
Best Overall Pitch – Selected to represent Iowa State and compete at the national Collegiate Entrepreneurs’ Organization (CEO) Conference in Tampa, Florida.
New Business Idea – $200 Cash Prize
New concept, model, or venture. Examples may include new retail, web-based, manufacturing, or service business concept.
New Innovation – $200 Cash Prize
A new product application, invention, or innovation that may or may not be developed as a stand-alone venture. Examples may include a new product, a commercializable technology, or a social media or web application.
Social Venture – $200 Cash Prize
A venture with innovative solutions to society’s most pressing social problems. Examples may include environment, food supply, education, healthcare and can be either a for-profit or nonprofit.
Audience Choice – (Winner selected by audience)
Audience members will have the opportunity to vote for their favorite pitch. This award will be given completely separate and without consultation from the judges.