- Competition Organizer
The University of Texas and Dell
- Submission Date
- Business Plan Submission Date
- Awards Date
- Total Prize Cash (US Dollars)
- Competition Category
- Graduate - All U.S.
- Undergraduate - All U.S.
- Social Entrepreneurship
- Who's Eligible
- Currently enrolled undergraduate and graduate students. To be eligible, business plans must address a significant social problem, and must be an idea for a business either not yet in existence or less than 3 years old.
- Important Dates
Idea descriptions must be submitted by March 1st, 2010. The final event, where three finalist teams will pitch their business ideas to a panel of judges, will be open to the public and occur in May 2010.
- Competition Prizes
A grand prize of $50,000 in seed money will be given to the overall winner.
- Other Info
The competition consists of four stages. In the first stage, participants register online and submit a brief description of their venture. All venture descriptions will be posted online for anyone to view, comment, and vote on. The top 10 most popular projects automatically move on to the semi-finals, along with up to 40 others selected by the judges. In the next stage, semifinalist teams will develop their ideas into venture plans and will submit a 3-minute video pitch of their plan. Again, these are viewed by the judging panel AND anyone who wants to vote on them. Three finalist projects will be selected, and the top-voted project in this round and the final round will receive prizes from Dell. The finalists will fly to Austin, Texas to pitch their venture ideas.