How it works...
Apply to the main Next Great Startup competition by end of day January 16, 2020.
Selected applicants will be asked to audition by pitching your business and answering a few questions on the direction of your startup idea. This is your time to show us why you deserve to be in the running, and why you think a successful advisor will want to choose you to mentor during the competition.
If selected to move on from the auditions, you will compete in The Draft where four successful venture capitalists (VCs) will select students to become a part of their team. The teams the VC’s pick will be a direct reflection of their reputation too, so they will be picking teams or individuals they believe have true potential. They have serious skin in the game, and might even be looking for their next investment.
Drafted startups will work closely with their VC coach, the Advantage Accelerator staff and mentors to prepare for the Semis and the upcoming challenges that are designed to help you meet important milestones. After each round, teams will be eliminated through a process of deliberation by the judges until four have been chosen to compete in The Final.
The winning startup will walk away with cash prizes and goods and services from lawyers to CPA firms to launch their venture. In last year's competition, over $20,000 in cash and services was awarded throughout the competition. In addition, the winning teams will be accepted into the OSU Advantage Accelerator program.
Still think you have what it takes?