HUWIB

Innovation Competition

About the Competition

The HUWIB Innovation Competition promotes the enterprising vision of college students around the world. We focus on empowering women--all teams must be 50% female--and provide mentorship, funding, and peer connection to launch the next great idea. The competition occurs as part of HUWIB’s Intercollegiate Business Convention (IBC), the largest undergraduate women’s conference in the world. Competition finalists have the opportunity to pitch their ideas to a panel of qualified judges at IBC. Winners not only receive a monetary prize but also a network of mentors to help develop their ideas beyond the competition.
Applications for the competition will be released May 2014 and accepted until September. Please contact huwibinnovation@gmail.com with any questions.

Competition Mentors

Mentors include:

  • Distinguished corporate leaders
  • Experienced social entrepreneurs, including Harvard Business School students
  • Venture Capital investors

  • Mentors provide in-person (depending on location) and web-based mentorship to finalists. The Competition Winner and Runner-up receive guidance through start-up and execution stages of their social ventures.

    Innovation Competition at IBC

    Six selected Finalists have the opportunity to interact with successful social entrepreneurs at a special IBC Innovation breakout session.


    Past sessions include:

  • Financing Your Start-up
  • Measuring Your Social Impact
  • Balancing School and Your Business

  • Competition participants showcase their products and ideas to IBC guests and attendees at “The Innovation Fair” at IBC.


    Competition Overview

    Applications will be released in May 2014 and accepted until September 1st, 2014. Teams must be comprised of 50% female and meet the requirements detailed below. Three semifinalists will be selected to pitch their ideas at the Innovation Competition at IBC, where a panel of judges will select the final winners.

    Team Requirements

  • Teams must consist of 2-6 members ( At least 50% female )
  • At least one member of the team must be a full-time Harvard undergraduate student
  • All teams must register for and plan on attending the Intercollegiate Business Convention on October 4th, 2014 at the Hynes Convention Center, Boston. Finalists will be provided free tickets to IBC but HUWIB will not cover any transportation costs. Teams that are unable to attend will be disqualified.
  • Participants need not have implemented their proposal; however, if they have begun implementation, it must be under one year since inception to remain qualified.
  • Each individual can only register as part of one team.

  • Application Process

    1. Students must submit their application and business plans in the form of a PowerPoint Presentation by September 1st, 2014 to be considered
    2. Each group must also submit a 2-minute video describing their idea.
    3. The three selected semi-finalists will prepare a 5 minute pitch for a panel of judges, and be prepared for up to 5 minutes of questions.

    Prizes

    The first place winner of the 2014 Innovation Competition will receive a monetary award to implement her business plan, as well as the opportunity to be recognized for her idea in front of all the 1000 participants and guests of the IBC 2014 at the closing ceremonies. The runner up will also receive an award an recognition at the closing ceremonies. The winner and finalists will receive exposure to and opportunity to network with corporate leaders, investors, entrepreneurs, students, and more at IBC and through HUWIB outlets.