Koch Innovation Challenge - Angel Round #1 - Fall 2020
View leaderboard- Business application deadline
- November 20, 2020
- Judge sign-up deadline
- —
- Entry Fee
- Free
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.
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 recordings due Friday 11/20/2020 by midnight.
Judges and student feedback due Monday 11/30/2020 by midnight.
Results announced 12/1/2020.
Judges and student feedback due Monday 11/30/2020 by midnight.
Results announced 12/1/2020.
Organized by
Samantha CorcoranDate and time
Address and location
—Components
Elevator Pitch
The Elevator Pitch is a 2-minute oral presentation of a business idea to a panel...
Weight: 100%
Edit Elevator Pitch
Leaderboard
Watch them go! The leaderboard reflects all scores that have been approved by the competition's host.
The leaderboard is not finalized until every score has a checkmark.
= Not scored = In progress = Complete
| Rank | Business | Overall Score | Elevator Pitch | |
|---|---|---|---|---|
| 1 | The Great Nathan Smith Empire | 41.25 / 50 | 16.5 / 20 | |
| The Great Nathan Smith Empire judge scores |
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| 2 | Sentry Eagles | 39.375 / 50 | 15.75 / 20 | |
| Sentry Eagles judge scores |
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| 3 | Builder’s Club | 37.5 / 50 | 15 / 20 | |
| Builder’s Club judge scores |
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| 4 | Detection | 36.25 / 50 | 14.5 / 20 | |
| Detection judge scores |
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