Koch Innovation Challenge - Angel Round #2 - Spring 2021


Business application deadline
Judge sign-up deadline
Entry Fee
Free
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Description

The Koch Innovation Challenge, sponsored by Koch Industries, is an annual competition that will support the WSU College of Engineering in fostering a culture of creativity, innovation, entrepreneurship, and teamwork among students. Students work in teams to identify a meaningful opportunity in the community to tackle, conduct customer interviews, build a working prototype that solves the problem, and then pitch their big idea to angel investors for a chance at scholarships and seed money. 

This year's competition is going virtual and elevator pitches will be prerecorded and reviewed by judges and peers on VentureDash. 

Angel Competition Team winners will be selected to advance to the spring semester. Each of the winners will be provided up to $500 in investment capital to pursue their big idea ventures during their second semester. Additionally, students on the five winning teams will be awarded a $1,000 Koch Innovation Challenge scholarship for their second semester. Further, each winning team will be paired with a faculty innovation mentor as they pursue their big idea ventures.

Schedule and key dates

 Team elevator pitch video recordings due Friday 5/6/2021 by midnight.
Judges scores due 5/13/2021 by noon.
Results announced 5/13/2021. 

Organized by

Samantha Corcoran

Date and time

Address and location


Components

Elevator Pitch

The Elevator Pitch is a 2-minute oral presentation of a business idea to a panel...

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