Welcome to the 8th Annual WCU Business Idea Competition!


About The Competition

The Annual West Chester University Business Idea Competition is hosted by the Dr. Edwin Cottrell Entrepreneurial Leadership Center, the Keiretsu Forum Mid-Atlantic and The Greater West Chester Chamber of Commerce. The 8th Annual Business Idea Competition is sponsored by Meridian Bank. The Annual WCU Business Idea Competition promotes creativity, idea generation, and entrepreneurship by recognizing innovative ideas for new products, services, and technology.

The Process

IDEA SUBMISSION

February 24th at 11:59PM

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Online submissions are due. All ideas are reviewed by business angels, entrepreneurs, and business advisors.

“THE FAST PITCH”

April 1st at 5PM

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The top 6 ideas idea will present for two minutes and will evaluated by a panel of judges.

Business Idea Pitch

April 15th

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The top two ideas in each track are selected for the Business Idea Pitch to present to an esteemed panel of judges.

The Tracks

HIGHSCHOOL

  • Student attending a high school located in Chester County, PA

Undergraduate

  • Undergraduate students of West Chester University

  • Currently enrolled part-time or full-time

WCU

  • WCU Graduate students

  • WCU Alumni

  • WCU Faculty members

  • WCU Staff

Startups

  • Chester County, PA Resident

What Types of Ideas are Eligible for the Competition?

  • Ideas which have not yet been commercialized and which can be used as the foundation of a new business are eligible.

  • You are eligible to compete if you are a…

    • West Chester University undergraduate students, graduate students, alumni, faculty, and staff

    • Chester County based startups startup or high school student

  • Teams of one to four members

  • Participants may submit multiple ideas 

Confidentiality

  • Ideas submitted to the competition remain the property of the submitter

  • Ideas submitted will be held in strict confidence.

  • Ideas selected for presentation at the Business Idea Pitch, however, will be presented to the public.  

  

Prizes

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Grand Prize — $2500

First Place Competition Winner

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First Prize — $1000

First Place Prize in Each Track

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Second Prize — $500

Second Place Prize in Each Track

 

Helpful Hints

  • While some great ideas are based on radical inventions, others are the extension, duplication, or synthesis of existing products, services, or technologies. Some great ideas are simplistic in their nature and/or design.

  • In describing your target market you inform the reader that you are familiar with your target market and that there is a market for your product, service or technology. Specific facts and figures  are  helpful  and  provide  evidence  that  you  are  knowledgeable about your target market.

  • Write clearly and succinctly.

  • Check your grammar and spelling. If the judges cannot understand your entry it will not be selected

Questions

Email the Cottrell Center team at cottrellcenter@wcupa.edu or call us at +1 (610) 436-2014 with your questions