Have a great idea? Want to develop it further? Interested in winning $200, $500, or even $700?
ideabuild! 2020 offers students the opportunity to develop a concept, refine it through workshops, and then present it to a panel of judges.
ideabuild 2021 – Contest Information
|Feb. 16, 2021||Informational Workshop I||East Hall Forum||5:00PM|
|Feb. 26, 2021||Online Registration Opens||online||8:00AM|
|Mar. 2, 2021||Workshop 2 – by request||East Hall Forum||5:00PM|
|Mar. 19, 2021||Online Registration Closes||online||5:00PM|
|Mar. 23, 2021||Powerpoint Presentation Deadline||online||5:00PM|
|Mar. 25, 2021||Ideabuild||Dix Dining Hall, KC||5:00PM|
The Basic Guidelines
- ideabuild! is for Hiram undergraduate students only.
- A team can consist of 1-5 students.
- The idea/venture must be new and must have been developed in the 2019-20 academic year.
- You must register your idea/venture AND team (if applicable) and submit a completed Concept Form (see below for more instructions) by 5 PM, March, 19, 2021.
- You must submit your PowerPoint presentation by 5 PM,, March 23, 2021 (see below for more instructions).
- Each entrant/team will have 6 minutes for their presentation followed by 3 minutes of Q&A.
- There will be a 1 minute transition between contestants.
- Order of presenters will be randomly determined.
- PowerPoint presentations will be loaded on a computer/laptop provided by the venue, prior to the start of the event. No changes to presentations once submitted by March 23, 2021.
- Participants are encouraged to arrive early to view the room setup and check their presentation prior to the start of the event.
Please read through all the information below before going to the site to register! Registration opens February 26, 2021.
If registering as a team, you only need to complete one application. All team members’ information will be submitted through this single registration/application.
As you complete your registration, note that there are several pages and that you must click “SUBMIT” on the last page. You also must complete the registration all at one time. You are not able to stop, save, exit and return at a later date, so we suggest that you type up all your answers to the questions below in a word document and then cut and paste your responses into the Wufoo form.
You will receive an email letting you know that your application has been received and informing you of next steps, i.e. when and how to submit your powerpoint presentation (due March 23, 2021 by 5 p.m.).
To complete the registration form please be sure to have the following information ready:
- Idea Name.
- Are you entering as an individual or a team?
- General Information on you and each of your team members if applicable:
- First & Last Name
- Class Year
- Declared Major and Minor (if applicable)
- Cell phone number
- Ohio Resident?
- International Student?
- Is your idea a social enterprise? A social enterprise applies innovative strategies to generate social (i.e., human or environmental) and economic impact with a scalable and sustainable business model. A brief description of your idea.
- Problem Being Addressed: What need or perceived problem does your idea address? If a social idea, what is the social issue (human, animal or environmental) that your idea seeks to address?
- Product/Service Description: Provide a brief description of your idea. What is your product or service? Be clear and concise. Make sure the reviewers “get it!”
- What industry is best suited for your idea?
- Why is your idea unique? How is your product or service differentiated from others in the market?
- Describe what, if anything is technologically unique about your idea. (If you have no new technology please list N/A.)
- Will your idea require intellectual property protection? (Some ideas begin uniquely and need to be legally protected.)
- If you need intellectual property protection, please describe (if not list N/A.)
- Target Audience & Market Size: What group of customers are you trying to reach? What is the rough size of the market for your product/service? If a social idea, who or what are the primary beneficiaries of your social idea? Who or what are you impacting/ Please explain.
- What is going to motivate customers to buy or use your product or service? Please explain.
- Marketing Efforts: How will you reach your customers, i.e., distribution? If a social idea, how will you market your product/service to A. your customers? and B. your beneficiaries as stated above in #4 (if applicable)?
- Competition: Who will you be competing against? What other companies or organizations exist that provide a similar product or service and/or operate to solve the same problem?
- Enterprise Structure & Financial Plan: What type of enterprise structure are you thinking of? For-Profit, Non-Profit, Hybrid
- What are your expected revenues? How will you make money? What is the revenue stream(s)? If social venture, is it sustainable? Who is the primary beneficiary?
- What are your estimated costs and pricing? What start-up resources do you need? What is your future funding plan? How will you control your costs? How will you have control or gain control over your suppliers and distributors? Be specific – give the details of materials, systems, people, etc.
- Management Team: Please describe your (or your Team’s) skills to launch and sustain this idea. What other skills or expertise might you need and how will you require them? What relationships do you have with other businesses and/or friends that will help you launch and sustain your idea? Explain.
- Select the best description of your progress thus far on this idea.
Registering for ideabuild! 2021
To participate in ideabuild! 2021 you must register your idea (and team members, if applicable).
For more information, contact David Strukel (x5424)
At the tenth annual ideabuild! competition on March 22, 2019, twelve innovative and interesting ideas were pitched by 34 students from across the college to a panel of judges. Each team had six minutes to present followed by three minutes of Q&A. Ideas were judged on concept, market need, technological and competitive attributes, pricing, uniqueness and presentation. Additionally, ideas that identified as a social enterprise were also critiqued on social impact and ability to sustain, and competed for a separate $1,000 MAD Money Challenge cash prize.