Enter the 2014 Erony Spartan Challenge
Updated 7:43 am Wednesday 26 February
The Spartan Challenge is an entrpreneurship program leading to a fundable team business concept, culminating with a concept competition
Undergraduate students from Case Western Reserve University, Cleveland Institute of Art and the Cleveland Institute of Music are invited to participate in the inaugural Spartan Challenge, a mentored entrepreneurship competition. The competition consists of two stages: Business Concept and Business Planning and Mentorship.
- The Business Concept stage of the competition involves multi-disciplinary teams of undergraduate students forming and working in teams on a business concept. Teams will develop oral “elevator pitches,” a one-page written executive summary and a two-page presentation describing their concept and ideas.
- The second stage of the competition—Business Planning and Mentorship—will include mentoring of teams on the business planning process with a focus on identifying their first “critical path” milestone. Teams will define the overall scope of work, the management and human resource contributions needed to launch the product or service, and the multitude of ways in which the plan can fail (assess risk). Successful teams will have identified the funding and external resources required to take their plan to the next level.
Guidelines are posted here
The top three teams from the Business Planning and Mentorship stage will be awarded funding ($10,000, $5,000, $2,500) to enable them to begin implementation of the business concept; additional cash prizes will be awarded. A business mentor will be a part of the team going forward to ensure team success.
Teams with questions about the 2014 Spartan Challenge can send an email to:
Associate Professor, Frances Payne Bolton School of Nursing
Deadline to submit the Stage 1 Business Concept one-pager was midnight Sunday February 2nd, 2014.
Upcoming Semifinalist information Sessions:
Semifinailist, please plan on attending the Question and Answer Forum:
- 6:00 pm Wednesday 26 February, Nord Hall Room 400
Key dates to remember:
- Saturday 18 January, Letter of Intent DUE!
- Monday 20 January, Business Concept Workshop
- Sunday 2 February, Business Concept DUE
- Monday 17 February, Semifinalists announced
- Wednesday 26 February, Semifinalist information session
- Monday 17 March, Business Plan DUE
- Friday 21 March, Semifinalists present their business plans
Guidelines are posted here
The agenda for Friday 31 January is posted here
Focus for Stage 1: Business Concept:
During the Business Concept stage of the competition students will build skills that enable them to assess whether the idea they have created is a realistic business opportunity. All teams members are encouraged to participate in one of several OA workshops designed to address key topics in the Challenge evaluation criteria. Teams should network around campus to seeking support from CWRU entrepreneurial centers (clubs and programs) and potential business and faculty advisors to prepare their application. Student teams will submit their completed application electronically through the Challenge website no later than midnight Sunday February 2nd, 2014. Complete applications will include:
- A one-page executive summary providing basic business concept information, such as team information, funding needs, source of intellectual property, etc.
- • A two-page presentation suitable for a typical 5-minute “elevator pitch.” Key questions are: What is the business concept? Who are your customers and how will you reach them? Who are your competitors? What is your main advantage over these competitors and why hasn’t anyone thought of this before? How is your business going to make money and over what time frame? What are the one or two key risks that can influence your business? You are your team members and what role will each of them play? What external resources do you need to develop and run this business?
The Spartan Challenge was established by alumna Joyce Erony (WRC ’81) and is supported on campus by Colin Drummond; Robert Sopko, director of Blackstone Launchpad; and Joseph Jankowski, the university’s chief innovation officer.
ideaLabs 2014 Competition
Updated 2:37 pm Friday 28 February
ideaLabs is a business idea competition to celebrate the spirit of innovation and entrepreneurship among CWRU students.
Throughout February and March the BME Coulter Program in collaboration with Blackstone LaunchPad, Peter Galen, and the Entrepreneurship Education Consortium (EEC), sponsor the 2014 ideaLabs competition, culminating in a regional business idea competition the afternoon of March 21th, 2014. This is an "unmentored" contest centered on the development of a business idea (unlike the Spartan Challenge with the goal of creating a fundable team business concept).
Upcoming Information Sessions:
Plan on attending an upcoming information session:
- 5:30 pm Friday February 28, Wickenden Hall Room 322
- 5:30 pm Monday March 3, Wickenden Hall Room 322
Please note the time and room location changes (updated Wednesday 26 February)
CWRU's involvement with ideaLabs started with membership in the EEC, a consortium of nine public and private colleges and universities committed to providing practical, experiential and theoretical entrepreneurship education to Northeast Ohio college students. Through EEC, CWRU students have the opportunity to participate in the EEC’s ideaLabs competition and Entrepreneurship Immersion Week.
The 2014 CWRU ideaLabs competition offers up to $10,000 in prize money at the undergraduate level and $18,000 for the graduate biomedical science competition.
The 2014 ideaLabs business concept competition for CWRU participants is being hosted at 2:00pm Friday 21 March at the Mandel Cetner. This is a chance for students to share innovative business idea with others. The top three business concepts in both the undergraduate and graduate competitions will receive monetary awards. The top undergraduate team will advance to the regional EEC ideaLabs to be held at Ashland University:
REGIONAL ideaLABS Competition
4:00pm – 7:00pm, Thursday, April 3, 2014
Richard E. & Sandra J. Dauch College of Business & Economics
401 College Avenue, Ashland, OH 44805
(Bldg. #18 on campus map)
Click here for more information.
Instructions and forms are available here:
- ideaLabs information flyer for 2014 (updated 28 February 2014)
- ideaLabs guidelines and submission notes
Immersion Week 2014
EIW is an intensive one-week, academic immersion experience for undergraduates from all disciplines to immerse themselves in the skills needed to help them develop new business concepts and apply these skills a team-based business concept competition. Teams of five students from each of the EEC member institutions come together for one week in August at a host school. EIW recently received the 2010 Innovative Pedagogy Award from the United States Association for Small Business and Entrepreneurship.
This summer EIW2014 will be hosted at the University of Akron, August 3-8, 2014. Students interested in participating in EIW2014 should contact their school EEC Director for more details. The EIW is an all-expenses paid, residential program enabling students the chance to work with and learn from students from 11 other regional colleges and universities and compete for prize money to launch your business.
Immersion Week Website
The Entreprenership Education Website website ImmersionWeek.org is updated regularly and contains all the current data on the event.
EIW 2014 at Akron
Sunday August 3rd - Friday August 8th