Competition Format
Biola Startup Competition Rounds
- Round 1: Team Registration Due
In order to participate, teams must register by completing the following form no later than November 1st with all team members information and a brief, 1-2 sentences description of the venture/idea. - Round 2: Concept Paper Due
The concept paper is a three-page executive summary of the idea and lays out a high level understanding of the need for the proposed product or service, and how the venture will address this need. - Finalists Selected
- Round 3: Business Plan Due
The business plan is a robust 10-page document expanding on the ideas of the executive summary. More details, requirements and coaching will be provided to finalist teams in the spring. - Round 4: Live Pitch
A 10-minute pitch will be delivered to a panel of judges. Following the pitch, students will engage with judges and answer questions. By the end of the day, winning teams will be announced and $20,000 in prizes will be awarded.
Frequently Asked Questions
How will the competition be different this year?
All events for the Startup Competition will be held in person. We are excited to welcome teams to compete on campus for this year’s competition. After the kick-off on September 27th, teams will be asked to register their emails in order to receive all information about important dates and events.
How can I register for the competition?
Email innovation@biola.edu to be added to the competition Canvas page with the subject line "Biola Startup Competition Registration."
What can I win?
This year, we have $20,000 in prize packages for the top teams. Prizes will be distributed based on the judges discretion, but the top 3 teams often receive prizes.
What is the expected time commitment of participating in the competition?
You can expect to spend a few hours a week working on your idea and attending sessions with experts and entrepreneurs. However, some teams may spend more or less time developing their idea depending on their idea.
I have and idea, but I don't have a team. What do I do?
Talk to friends, professors or classmates. We'd also love to help you find a team, so email us at innovation@biola.edu and we will see what we can do!
I have a team, but still not sure what our idea is. What do I do?
Schedule a coaching session with our team, and we can work with you to develop a concept based on your interest areas and skills.
I really want to participate, but I don't have a team or an idea. What do I do?
Reach out to us by scheduling a coaching session, and we will get you connected!