Understanding the Process
The $200K Entrepreneurs Challenge consists of four rounds of judging. This year's competition kicks-off on September 16, 2015 and culminates with the Final Round on May 6, 2016. Unless otherwise specified, the process described below applies to all three competitions. All activities are held at NYU Stern, 44 W. 4th Street, NYC.
The timeline, At a Glance will be available the end of August. Be sure you are eligible to enter. Read the Rules & Eligibility section.
How to enter
Registration is open from August 18, 2015 to Thursday, October 1, 2015. Teams must register online to enter the competition and pay the entry fee: $100/per student team; $150/ per alumni, faculty or staff team. The primary contact person pays the fee. However, all team members must register.
Instructions: Part 1:
1. Team leader, click here to Register
2. Select your industries, skills, and role(s)
3. Pay the entrance fee
4. Enter your venture's details (add your team members here--be sure that the e-mail addresses match the ones your team members will register with)
5. Once the registration fee is paid, the team leader will need to go back into the profile page and click on submit venture. Then the appropriate link to gust.com based on your venture's track (Social/Traditional/Tech-IT/Tech-Biomedical) will be viewable.
Once the team is registered and you viewed the gust link on your profile page. Your one-page venture summary, and all other competition submissions will be done using that gust platform. The Berkley Center has a private site within gust.com to manage the competition submissions. If you experience any problems, please e-mail, lpoole@stern.nyu.edu
Teams must submit a one page venture summary. New Venture Concept Guidelines; Social Venture Concept Guidelines; NYU Technology Concept Guidelines.
We recommend watching the video: Alex Osterwalder on Business Model Innovation and downloading Osterwalder's Business Model Canvas
The timeline, At a Glance will be available the end of August. Be sure you are eligible to enter. Read the Rules & Eligibility section.
How to enter
Registration is open from August 18, 2015 to Thursday, October 1, 2015. Teams must register online to enter the competition and pay the entry fee: $100/per student team; $150/ per alumni, faculty or staff team. The primary contact person pays the fee. However, all team members must register.
Instructions: Part 1:
1. Team leader, click here to Register
2. Select your industries, skills, and role(s)
3. Pay the entrance fee
4. Enter your venture's details (add your team members here--be sure that the e-mail addresses match the ones your team members will register with)
5. Once the registration fee is paid, the team leader will need to go back into the profile page and click on submit venture. Then the appropriate link to gust.com based on your venture's track (Social/Traditional/Tech-IT/Tech-Biomedical) will be viewable.
Once the team is registered and you viewed the gust link on your profile page. Your one-page venture summary, and all other competition submissions will be done using that gust platform. The Berkley Center has a private site within gust.com to manage the competition submissions. If you experience any problems, please e-mail, lpoole@stern.nyu.edu
Teams must submit a one page venture summary. New Venture Concept Guidelines; Social Venture Concept Guidelines; NYU Technology Concept Guidelines.
We recommend watching the video: Alex Osterwalder on Business Model Innovation and downloading Osterwalder's Business Model Canvas
Online Judging
Deadline: Wednesay, November 11 by 1:00 p.m.
Teams must submit a Feasibility Analysis online in Gust. Please follow the Submission Instructions in the Feasibility Analysis EXACTLY.
New Venture Feasibility Analysis
Social Venture Feasibility Analysis
Technology Venture Feasibility Analysis
All submissions are made online. Feasibility Analysis must be accompanied by a signed Statement of Eligibility.
Evaluators will select the Quarter finalist teams who will advance to Round 2.
Disqualification: Entries will be immediately disqualified for the following reasons.
Teams must submit a Feasibility Analysis online in Gust. Please follow the Submission Instructions in the Feasibility Analysis EXACTLY.
New Venture Feasibility Analysis
Social Venture Feasibility Analysis
Technology Venture Feasibility Analysis
All submissions are made online. Feasibility Analysis must be accompanied by a signed Statement of Eligibility.
Evaluators will select the Quarter finalist teams who will advance to Round 2.
Disqualification: Entries will be immediately disqualified for the following reasons.
- Submissions received after 1:00 p.m. on November 11 . (Please note that materials sent at 1:01 p.m. will be considered ineligible.)
- Failure to submit a signed eligibility statement by 1:00 p.m. on November 11.
- Failure to submit in the required format.
Round 2 (Quarter-finalist Round)
December 11, 2015
Quarter-finalist teams pitch before a panel of judges on December 11. Team presentations are 6 minutes followed by 15 minutes of Q&A/Feedback.
The judges will select the semi-finalist teams. Those teams recommended will advance to Round 3.
Quarter-finalist teams pitch before a panel of judges on December 11. Team presentations are 6 minutes followed by 15 minutes of Q&A/Feedback.
The judges will select the semi-finalist teams. Those teams recommended will advance to Round 3.
Round 3 (Semi-Final Round)
April 8, 2016
The Semi-Final Round will be held April 8, 2016.
Submission: 12-15 page start-up plan and 3 minute power point with audio or video (not to exceed 180 mb) Download a copy of the Guidelines for Writing your Startup Plan, Submission instructions for the Startup Plan and Explainer Video are on page 20.
All semi-finalists will pitch their ventures before a panel of judges. Team presentations are 10 minutes followed by 15 minutes of Q&A/Feedback.
Those teams recommended to advance by the Semi-Final Judges will compete in Round 4 (Finals Round).
The Semi-Final Round will be held April 8, 2016.
Submission: 12-15 page start-up plan and 3 minute power point with audio or video (not to exceed 180 mb) Download a copy of the Guidelines for Writing your Startup Plan, Submission instructions for the Startup Plan and Explainer Video are on page 20.
All semi-finalists will pitch their ventures before a panel of judges. Team presentations are 10 minutes followed by 15 minutes of Q&A/Feedback.
Those teams recommended to advance by the Semi-Final Judges will compete in Round 4 (Finals Round).
Round 4 (FInal Round)
May 6, 2016
Finalist teams will present to the Final Round Judges on May 6, 2016. Team presentations are 10 minutes followed by 15 minutes of Q&A/Feedback. Teams will also give a 2 minute presentation followed by Explainer Video before an open audience.
Submission: 12-15 page start-up plan and 3 minute power point with audio or video (not to exceed 180 mb)
Winners will be announced at an Awards Reception the evening of May 6. Final Round Judges reserve the right to declare more than one winner. In such a case, the judging panel can vote to split the total prize money between more than one team.
The decision of all Entrepreneurs' Challenge judging panels are final.
Finalist teams will present to the Final Round Judges on May 6, 2016. Team presentations are 10 minutes followed by 15 minutes of Q&A/Feedback. Teams will also give a 2 minute presentation followed by Explainer Video before an open audience.
Submission: 12-15 page start-up plan and 3 minute power point with audio or video (not to exceed 180 mb)
Winners will be announced at an Awards Reception the evening of May 6. Final Round Judges reserve the right to declare more than one winner. In such a case, the judging panel can vote to split the total prize money between more than one team.
The decision of all Entrepreneurs' Challenge judging panels are final.