Young Entrepreneurs and Innovators Competition
Are you a Young Entrepreneur or a Young Innovator?
Are you looking for a way to continue to run your business or commercialize your big idea and still earn your degree at a top ranked school? With Clarkson University's Young Entrepreneur and Innovator programs you can do both!
To be considered for these programs, students with businesses or that can be commercialized must apply to the Young Entrepreneurs and Innovators Business plan competition by the deadline. Up to ten finalists are selected to visit campus to present their business or patentable idea to a panel of expert innovators and entrepreneurs.
Up to five students each year will be offered an opportunity to attend Clarkson University without payment of tuition for the remainder of their four-year undergraduate careers, through a combination of merit-based financial aid (after accounting for other aid for which the student may be eligible) and a purchase by Clarkson of 10% equity in their firm at fair market value. These students will remain responsible for other costs incurred in connection with attendance, including expenses such as housing, meals, books and supplies. In addition, these students’ businesses will receive the services of the Reh and/or Shipley Centers, and will be offered space at no charge on the 3rd floor of the Peyton Hall incubator.
*The terms for the aid, equity purchase and use of Clarkson resources described above will be subject to the terms of agreements between Clarkson and the students.
Entering the Competition
Aspiring Young Entrepreneurs and Young Innovators will submit an application which includes their completed business plan, a 90 second or less video that answers the question "Who am I, outside of my business?", and a brief description of their business. Entrants will be reviewed by the staff of the Reh and Shipley Centers and/or faculty with expertise related to the specific technology as needed and up to ten students will be selected to compete for up to five prizes offered annually (as described above).