2020 Innovation One Challenge

Rewarding the best and brightest business and innovation ideas in the region

Innovation One and Fifth Third Bank invite regional residents to participate in the Innovation Challenge presented by Fifth Third Bank. The challenge is open to all regional community members in the greater tri-state area, including all middle school, high school and college students, faculty and staff.

Unrestricted Cash Prizes will be awarded for each category.

Challenge Participant Prizes - Business and Innovative Invention:


Middle School Division - Technology Innovation

1st     $700
2nd   $300
3rd    $100

Middle School Division - Entrepreneurial Business

1st     $700
2nd   $300
3rd    $100

High School Division - Technology Innovation

1st     $2,000
2nd   $1,000

High School Division - Entrepreneurial Business

1st     $2,000
2nd   $1,000

Adult Division (Campus and Community) - Technology Innovation

1st     $3,000
2nd   $1,000

Adult Division (Campus and Community) - Entrepreneurial Business

1st     $3,000
2nd   $1,000

How to Apply

Applicants must submit their pitch deck and executive summary following the exact specifications outlined below.  Failure to do so will lead to immediate disqualification.

1.  Provide a pitch deck following the exact order and number of slides below:

  1. Title Slide
  2. The Problem
  3. The Solution
  4. Market Size
  5. Competition
  6. Business Model
  7. Marketing and Sales
  8. Future Milestones
  9. Team
  10. Ask and Use of Funds

 2.  Provide a one-page executive summary covering the following topics in the exact order listed below:

  1. Problem
  2. Solution
  3. Market Size
  4. Competition
  5. Business Model
  6. Marketing and Sales
  7. Progress to Date
  8. Future Milestones
  9. Team

 

Submission deadline closed.


Innovation Challenge Timeline

Pitch Competition Dates:

Middle School Division

High School Division

Adult - Campus & Community Division

Applications Begin to be Accepted: October 2019 October 2019 October 2019
Application Due Date: January 13, 2020 January 13, 2020 January 20, 2020
Finalists Selected: January 14-20, 2020 January 14-20, 2020 January 17-27, 2020
Pitch Competition Date: February 19, 2020 February 19, 2020 February 21, 2020
Pitch Competition Locations:

Trine University
One University Avenue
Angola, IN 46703
Trine University
One University Avenue
Angola, IN 46703
Trine University
One University Avenue
Angola, IN 46703


Past winners



Innovation Challenge Application

Summary of Selected Rules

The clarity and descriptiveness of each submission will make a difference and enhance chances of becoming a finalist.

  1. No entries involving tobacco, firearms or drugs.
  2. Nothing that is deemed dangerous or of questionable ethics by the committee will be allowed.
  3. Entries can be individual or team.
  4. Grand prize winners are not eligible for other awards.
  5. Innovation Challenge and Fifth Third Bank offers unrestricted cash prizes of $16,200.
  6. Applicants must submit a Pitch Deck and Executive Summary following the exact specifications outlined. Middle School applicants can submit a 2-3 minute Video Submission to cover the 10 Point Pitch in lieu of the Executive Summary.
  7. Any material needed to present is allowed, including working prototypes, diagrams, etc.
  8. Committee has the right to disqualify entries.
  9. One entry per individual or team.
  10. Decision of Judging Committee is final.
  11. Project submissions will be accepted through January 13, 2020 for Middle School and High School divisions and through January 20, 2020 for the Adult—Campus & Community division.
  12. Intellectual property rights will be retained by owner of the idea/project.
  13. The Innovation Challenge is open to all regional community members in the greater tri-state area, including all middle school and high school students in DeKalb, Noble, LaGrange and Steuben Counties, Trine University’s authorized six charter schools, college students, faculty and staff.

Please contact Angela Campbell campbella@trine.edu with any questions.

Innovation Challenge presented by:

Fifth Third Bank