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Boost presented by Innovate Huntsvile

Innovate Huntsville

Thursday, February 28, 2019 from 6:00 PM to 8:00 PM (CST)

Boost presented by Innovate Huntsvile

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Type End Quantity
Boost Idea Competition Feb 28, 2019 Free  

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Event Details


Final Banner

 

FEBRUARY 28TH / 6PM / HUDSONALPHA

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 WHAT IS BOOST?

 

Boost is an idea competition designed to challenge, inspire and empower the next generation of entrepreneurs to ideate, create and launch new ventures.

 

If you have an idea that can positively impact lives - whether its B2B, B2C, social, enterprise, an app or anything else you can articulate in a 5 minute pitch - we want to hear it!

 


Boost is FREE to all participants and attendees. 

 

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EVENT LEADS:

 

Final Banner

 

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FAQ's:

  

1. Who can pitch?

 Any individual (or teams) with great ideas that have NOT been incorporated into a formal venture / business. 

 

2. What does it cost to pitch or attend the event?

 Nada! 

 

3. What’s at stake?

 Up to $3,000 in cash, mentorship and bragging rights. 

 

4. How do you enter to pitch? 

Complete the entry form and submit your 60 seconds video here. The deadline to apply is Feb 15thso get cracking! 

 

5. What’s the Judging process? 

Judging of entries will consist of two steps. First, an independent panel of judges will be asked to review and score all entries based on our scoring rubric. This includes both written submissions and submitted videos. Second, the top 5 entries will be invited to pitch their idea in a final competition before a panel of judges. During the final competition, the judges panel will have the opportunity to vote on the best ideas.  

 

6. What are some examples of ideas?

Boost is open to any idea that complies with these rules. To aid participants in selecting an idea for the competition, consider the following: 

 

Products or Services: Do you have an idea for a new product or service that meets some need in the marketplace? Alternatively, select an existing product or service and provide an idea about how it could be improved. 

Social or “Green” Concerns: Do you have any ideas that will improve society in some way? Ideas for this category include those that help the environment and those that help address social issues. 

Ideas that generate Artistic Value: Do you have ideas that will engage more people in the arts? This category is for ideas that would create artistic value in terms of increasing appreciation for the arts and their importance in society. Do you have ideas for making art more accessible or ideas for commercializing art? 

Commercial Applications of Research Projects: Are you working on a research project at work or school? Do you have ideas for a commercial product or service related to your work? 

Other ideas? Any idea qualifies for this competition, so do not let these examples limit your creativity!  

 

7. What’s the judging criteria? 

Judges and participants will be asked to consider the following criteria for scoring and in considering their votes: 

 

Identification and Definition of the Problem / Opportunity: Has the problem/opportunity been described in a clear and convincing manner? 

Value Creation: Is this an original idea? How innovative is the idea? 

Feasibility of the Solution / Idea: Does the idea create economic or social value? Is the value sufficiently higher than the resources cost (cost-benefit-ratio)? 

Implementation of Solution / Idea: How practical is the idea when it comes to implementation? How easily can barriers be overcome? 

Impact of the Solution / Idea: What’s the size of the population that will be impacted? What’s the level of impact that the idea will have on the identified problem/opportunity? 

 

8. What are the important dates to remember? 

Idea submission deadline – Feb 15th (submit your entry here)

First judging round – Feb 15th – Feb 20th 

Finalists announced – Feb 20th 

Final pitch competition –  Feb 28th, 6pm @ HudsonAlpha  

 

9. What is the format for the final pitch competition? 

To determine a winner the top 5 teams from first round will compete in a final competition to be held on Feb 28th at HudsonAlpha. The finalists will be asked to perform a live 5 minute pitch followed by a 2 min Q/A session. The winners will be determined by an independent panel of judges. 

 

10. What is the format for the pitch deck? 

Participants selected for the final round have to submit their pitch deck in PowerPoint format by Feb 27th.  To view sample pitch deck format click here. 

 

11. Is there any mentorship available to participants? 

Yes. Contact i2c@uah.edu for additional details.  

 

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  INTERESTED IN PITCHING YOUR IDEA?

 

SUBMIT YOUR ENTRY HERE

 

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QUESTIONS? CONTACT: i2c@uah.edu

Have questions about Boost presented by Innovate Huntsvile? Contact Innovate Huntsville

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When & Where


HudsonAlpha Institute for Biotechnology
601 Genome Way Northwest
Huntsville, AL 35806

Thursday, February 28, 2019 from 6:00 PM to 8:00 PM (CST)


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Organizer

Innovate Huntsville

Innovate Huntsville (www.innovatehsv.com) is a week of collaboration and celebration of the entrepreneurial ecosystem in North Alabama. The event is dedicated to bringing entrepreneurs, and innovators together with local resources to build momentum and opportunity around Huntsville’s vibrant entrepreneurial ecosystem. The week features events, panels, and social activities, including the region’s brightest entrepreneurs, investors, strategic advisors, and community supporters, all of whom contribute to Huntsville’s thriving startup ecosystem.

The Boost event is lead by:

Dorothy S. Davidson Invention to Innovation Center / I2C (www.uah.edu/i2c) - a regional initiative that fosters, promotes, and accelerates commercialization of technology-based ventures through incubation, co-working, mentorship, funding, and strategic support. 

Biztech (www.biztech.org) is a community of startup experts supporting new entrepreneurs and promoting the unique entrepreneurial spirit.

RISE is a free networking group, set up as a way for small businesses across all industries to connect and collaborate with one another without the barrier of a required fee. The open format centers around economic outlook, business tools and strategy, and valuable insights from those who have paved the way. 

HudsonAlpha Institute of Biotechnology (www.hudsonalpha.org)  is a nonprofit institute where scientists, educators, and entrepreneurs translate the power of genomics into real world results.

Urban Engine (www.urbanengine.org) accelerates STEAM innovation, connect aspiring entrepreneurs and established business leadership with educational resources, talent, and community, and provide a platform for professional development unique to the state.

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