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 are due on Monday, February 18, 2019 at 8:00 AM. Final presentations will be held on Tuesday, March 5, 2019 at 6:00 PM in Student Innovation Hall (SIH-1600).

SPRING 2019 APPLICATIONS ARE NOW CLOSED!  

 

 

WINNERS FOR SPRING 2019

First Place, $4000 -  Phase Innovations, LLC

Second Place, $2500 - Sign-Speak

Third Place, $1500 - VeeTV

Fourth Place, $1000 - WinutRx

Fifth Place, $500 - Blueprint

 


Guidelines

Business plans should describe a potential new business by thoroughly answering all of the questions in the application.

Evaluation

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 more information contact Rupa Thind.