RIT Business Model Competition
One Idea - $4000 for First Prize!
How lucky do you feel?
Submit your application to the RIT Business Model Competition. All full time RIT students in good standing are invited to apply.
Applications were due on Monday February 20, 2017 at 8:00 AM. The finalists will be announced by Wednesday March 1, 2017. Final presentations will be held on Thursday March 9, 2017 at 6:00 PM.
SPRING 2017 APPLICATIONS ARE NOW CLOSED!
Congratulations to the Spring 2017 Business Model Competition winners:
First Place - AWARE
Second Place - GAIA
Third Place - ASL Storyteller
Fourth Place - Trident Co. LLC
Fifth Place - DADCo
Business plans should describe a potential new business by thoroughly answering all of the questions in the application.
A panel of outside entrepreneurs (and entrepreneur service providers) will judge the contest. Business plans are evaluated based primarily on their realistic potential for success. Other pertinent criteria include: Professionalism of the abbreviated business model, compelling nature of the market opportunity, market need (actual or perceived), value provided to customers, clear definition of target market (customers) and their accessibility, scalability of business and societal value reflected through stakeholders.
For complete rules and the application process click here.
To see past team winners click here.