i3C ~ Industry Ideas & Innovation Challenge​

​i3C Opens on January 2nd, 2024
2024 I3c Submissions Due May 1st | Awards Announced on May 10th

HOW
DOES i3C
​WORK?
LEVEL 1~
​LEAN STARTUP CHALLENGE
  • Consists of three major parts, the lean startup plan slide deck, commercial and the recorded slide deck/ pitch presentation, .
  • Participants who are under 18 or still enrolled in high school are eligible to compete in the Level 1 challenge. 
  • Each entry will be composed of one to two members. All participants must present the project to the judges. All participants must respond to questions.
  • A ​written statement of assurances and academic integrity must be signed and submitted with the entry.
  • The oral presentation may be a maximum of 15 minutes.
  • Judges will evaluate the presentation, the project, and the effectiveness of the business plan.
    • Recorded persuasive slide deck presentation>15 min
    • PDF of completed slide deck
    • 1 minute commercial
LEVEL 2~
INVESTMENT CAPITAL CHALLENGE
  • Consists of four major parts, the traditional written investment capital business plan, slide deck, recorded slide deck/ pitch presentation, & 1 minute commercial
  • Open to all registered participants 13 and older, including adults.
  • Each entry will be composed of one to two members. All participants must present the project to the judges. All participants must respond to questions.
  • A written statement of assurances and academic integrity must be signed and submitted with the entry.
  • The oral presentation may be a maximum of 20 minutes.
  • Judges will evaluate the presentation, the project, and the effectiveness of the business plan.​
    • Full written investment business plan
    • Recorded persuasive slide deck presentation >20 min
    • PDF of completed slide deck presentation
    • 1 minute commercial

​WHAT ARE THE BENEFITS?

Start Up Capital / Scholarship Cash Prize Awards include:
​LEVEL 1~Lean Startup CATEGORIES 
First Place $1000
Second Place $700
​Third Place $300

SPECIALTY AWARDS
Social Justice $250
Local Impact $250
​LEVEL 2 ~ Investment Capital CATEGORIES 
First Place $1000
Second Place $700
​Third Place $300

​SPECIALTY AWARDS
~The Michael Tennant Accounting & Finance Award $250
~The Harry Singer Foundation Community Innovation Award $250
Participants receive Industry-Relevant feedback from judges on every project. Participants receiving a 75% or higher on scoring rubrics will be  awarded an industry relevant microcredential

JUDGING CRITERIA
L1 Lean Startup Challenge~Judging Criteria
Company Description (10% of score)
Business Dream/Vision/ Mission (10% of score)
Problem/Unmet Need/ Solution/SWOT (10% of score)
Competition, Key Activities Partnerships (10% of score)
Target Market, Key Metrics Distribution (10% of score)
Business Financials (10% of score)
Innovation / Uniqueness of Idea (10% of score)
Presentation: PDF slide deck & 12 minute recorded video of presentation (20% Score)
Advertising: 1 minute commercial (10% of Score)
 L2 Investment Capital Challenge Judging Criteria
Written Plan:
-Ex. Summary (10% of score)
-Company Description (10% of score)
-Market Research (10% of score)
-Product / Service Line (10% of score)
-Marketing & Sales (10% of score)
-Business Financials (10% of score)
Innovation / Uniqueness of Idea (10% of score)
Presentation: Includes PDF Slide Deck & 20 minute recorded video of presentation (10% of score)
Advertising: 1 minute commercial (10% of score)
Submissions Due: MAY 1st, 2023    
​Winners Announced Digital Award Ceremony: ​MAY 12th, 2023
Once entry fees are received ($20 per participant)...
You will gain access to the materials after registration
  • Brainstorming resources
  • Written plan templates
  • Overview instructional video
  • Slide deck presentation templates
  • Pacing Guide
Exemplars from past winners in our region can be found at links below.
Foundation4Innovation Inc is a  501(c)(3) Non Profit Corporation