Big Idea Competition – Let’s Hear Your Big Idea

What’s the Big Idea?

The Center for Business & Economics Big Idea Competition is a funding request presentation contest open to all Allegheny students. Student teams present concepts in one of four areas: For-profit Business, Not-for-profit Social Venture, Research Project, or Community Engagement Initiative. The 10th Annual CBE Big Idea Competition was held on April 28-29, 2017, awarding a whopping total of $10,000 in prizes and trophies.

The 2017 competition featured 27  teams from Allegheny College and Grove City College.   The contest emulates the experiences seen on the popular CNBC broadcast, “Shark Tank.”

10th Annual Big Idea Winners

  • The Zingale Prize (first place) $5,000 — Liana Leja, Allegheny College, The Care Van
  • Second place $2,500 — Megan Smith, Grove City College, Scribble Scrubs
  • Third place $1,500 — Hannah Vaccar and Ross Harrington, Grove City College, PeeWee Packs
  • Honorable mention — Greg Bras, Allegheny College, Additive Manufacturing Acutec Precision Aerospace

Info

Did you miss out  this year?  Save these dates, April 26-28, 2018, bookmark this page and return in the fall semester for final details.  See below for event description and application process:

Think You Might Have a Big Idea for 2018?

Our next competition is April 26-28

Successful presentations in past competitions have been about a mobile organic food market, a new music sharing app, an aquaponics research project, and an employment initiative for adults in the autism spectrum.  Keep in mind that you need to develop a project that falls into one of four categories: For-profit Business, Not-for-profit Social Venture, Research Project, or Community Engagement Initiative

What Do You Need

Entering is easy. To register, email Sarah Holt at sholt@allegheny.edu, Quigley Hall Coordinator or Prof. Chris Allison at callison@allegheny.edu,  Economics Department Entrepreneur in Residence.  They’ll provide additional information.

Then What?

Working with your team, you’ll develop a presentation using the 10-20-30 Rule; that is, you’ll prepare 10 PowerPoint slides for a pitch that is 20 minutes long, using text no smaller than 30-point type on each slide.

How Can You Prepare?

You can re-purpose your Junior Seminar or Senior Comprehensive Project, or take Econ 380 – Economics of Entrepreneurship II, which meets at 1:30 p.m. Tuesdays and Thursdays during Spring semester. Class members will work on their Big Idea presentations for the full semester.  Pre-requisites are waived for this class. Email Professor Allison if you are interested in adding Econ 380.

Why Bother?

Participation in the competition will look great on your resume. And there’s the matter of money. The First Prize Team receives $5,000, Second Prize is $2,500, Third Prize is $1,500 and there is one Honorable Mention award.  All who place will also get a trophy.

Mail

Registration: Sarah Holt,  sholt@allegheny.edu,
Questions: Prof. Chris Allison, callison@allegheny.edu.


Pics From Big Idea 2017 Prep