Ames, IA, February 19, 2016—The Pappajohn Student Entrepreneurial Venture Competition is back this year where college students all across Iowa can compete to win $5,000 in seed grants sponsored by John Pappajohn and Equity Dynamics, Inc. Students with an interest in starting their own business are encouraged to apply. Teams will be judged by concept and viability of the business idea. Seed grants in the amount of $5,000 each will be awarded to each of the top three teams at the final competition.
This year, a new format should make it easier for students to apply since a full business plan is no longer required. Instead, applicants will submit an executive summary using the Business Model Canvas format, a one-page Business Model Canvas and financial projections to the Pappajohn Center for Entrepreneurship closest to their home institution.
Judging for Round 1 of the competition will be held at each of the five regional Pappajohn Centers (listed below) where up to three teams for each region will advance to the final competition. Round 1 winners who do not win the top awards will receive $500 per team.
The final competition will take place April 22 in Des Moines where the regional award winners (up to 15 teams) will pitch to John Pappajohn and his staff at Equity Dynamics. Award presentations will be presented following a luncheon event. To date, John has awarded over $250,000 to student entrepreneurs through the Pappajohn Student Entrepreneurial Venture Competition.
April 1st, 2016 is the deadline to apply for any student or student team in Iowa. Students interested in competing can learn more and download the application packet at
www.isupjcenter.org/pappajohn-application
Regional John Pappajohn Entrepreneurial Centers:
University of Iowa—www.iowajpec.org
Iowa State University—www.isupjcenter.org
University of Northern Iowa—www.jpec.org
Drake University—www.drake.edu/cbpa/centers
North Iowa Area Community College—www.niacc.com/pappajohn
QUESTIONS?
For details and specifics, please contact Diana Wright, Iowa State Pappajohn Center for Entrepreneurship, 515-296-8246 or dkw@iastate.edu
