GOT A GREAT IDEA?

Whether you have a business idea, product, service, app, or non-profit idea,
this competition is for you!

8th Annual
Big Idea Competition
Thursday, April 10, 2025
7:00 PM
330 RISC

$3,200 in cash prizes will be awarded to the teams with the best solutions!

Apply Today!

Registration closes at midnight on Monday, March 10, 2025.

 

  1. Meet with Dyer staff and convince them your idea is in the top 4
  2. Selected teams will work with Dyer advisors and external mentors to refine your 10-minute pitch
  3. Pitch to a panel of judges for your chance to win a share of $3,200 in prizes.

Full Requirements, Rules, and Procedures

Virtual resources areĀ available including videos, training websites, and written guides, to support teams in developing their ideas and preparing their pitches.

Venture Proposal Outline

  • Venture Overview
  • Origin and Inspiration
  • Defining the Problem
  • Target Market and Reach Strategy
  • Customer Pain Points and Needs
  • Proposed Solution
  • Competitive Advantage
  • Legal and Financial Considerations
  • Milestones and Future Goals
  • Team Expertise and Leadership

Pitch Deck Overview

  • Problem Statement: Define the issue you aim to address.
  • Solution: Outline your innovative approach to solving the problem.
  • Market Opportunity: Highlight the target market, size, and growth potential.
  • Competitive Advantage: Explain how your idea stands out from existing solutions.
  • Business Model: Detail revenue streams, pricing, and scalability.
  • Implementation Plan: Share a timeline and key milestones for launching your solution.
  • Team Introduction: Introduce team members and their qualifications.
  • Financial Projections: Present a snapshot of expected costs, revenues, and profits

Eligibility Requirements:

  • The competition is open to full-time Lafayette College students.
  • Teams must consist of 2 to 4 members.