Events

Michigan Collegiate Startup Challenge 2022

Michigan Collegiate Startup Challenge 2022

Date and Time

Friday, November 11, 2022 3:00 PM - 8:00 PM

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Location

Edward J Minskoff Pavillion

North Shaw Lane

East Lansing, MI 48824

Description

Michigan Collegiate Startup Challenge (MCSC) is the university-level student business model competition for students in the state of Michigan. MCSC fosters entrepreneurship by encouraging university-level students across the state of Michigan to commercialize their ideas and provide them with a forum in which they can develop skills by pitching their ideas and building entrepreneurial ventures. 

Team Entry Form

Are you interested in entering the 2022 MCSC? Please visit https://bit.ly/mcsc-2022 to submit your Team Entry Form. Entries must be submitted by Friday, October 21, 2022, at 11:59 p.m. ET.

The 2022 Michigan Collegiate Startup Challenge Team Entry Form will open on August 1, 2022, at 12:01 a.m. ET. While submissions are open to all colleges and universities, private and public, within the state of Michigan, only participating colleges and universities will guarantee at least one (1) or two (2) teams to compete and showcase their student’s business ideas in a tradeshow format in the Elevator Pitch Challenge & Showcase on November 11, 2022. Team Entry Forms are due on October 14, 2022, at 11:59 p.m. ET.

Elevator Pitch Challenge & Showcase

On November 11, 2022, from 4:00 p.m. - 6:00 p.m., we’ll kick off the 2022 MCSC with the Elevator Pitch Challenge & Showcase. During this two (2) hour timeframe, investors, community members, students, mentors, and our panel of judges will be networking with this year’s competing student teams.

Our judges will be assigned a select number of booths they are required to visit within this two (2) hour timeframe, but are encouraged to, if done early, visit additional booths. This year’s judges will select the ten (10) student teams to move forward to the Grand Startup Challenge, who will present a five (5) minute pitch to a live audience.

Grand Startup Challenge

To conclude the 2022 Michigan Collegiate Startup Challenge, the top ten (10) finalist teams, chosen by our judging panel during the Elevator Pitch Challenge & Showcase, will pitch their idea to a live audience in the Multi-Purpose Room, in the Edward J. Minskoff Pavilion at Michigan State University. The teams competing in the Grand Startup Challenge will have five minutes to pitch to this year’s judging panel, with no Q&A, and will take place in no particular order. 

Competition Timeline

July 31, 2022: Confirm Respective Partnering Colleges & Universities

August 1, 2022: Team Entry Form Opens

October 14, 2022: Team Entry Form Deadline

October 26, 2022: Semifinalist Teams Announced

November 11, 2022: 2022 Michigan Collegiate Startup Challenge

Awards

First Place: $5,000

Second place: $3,500

Third place: $2,000

Fourth place: $1,000

People's choice #1: $500

People's Choice #2: $500

Eligibility & Guidelines

This is a Michigan-specific competition and any and all current university-level student entrepreneurs across the state of Michigan are welcome to apply and participate, so long as these rules and guidelines are followed:

  • Any idea from any industry is accepted.
  • Teams are not university specific. Teams can be made up of students representing one or more of the participating universities.
  • The company or idea must be majority (over 50%) owned by university-level students.
  • This competition is for current dual-enrollment, undergraduate, or graduate-level students enrolled at any participating college or university in Michigan.
  • Contestants may compete individually or in teams. However, it is highly encouraged that students work in teams. Teams should not exceed 5 members.
  • International students can participate. However, they are required to have a US team member on their team.
  • The company or idea cannot have over $10,000 in revenue, including third-party investment.
  • Your entry can just be an idea and a legally formed entity. However, if a legal entity has been formed, the earliest incorporation date cannot be before November 11, 2021.
  • If you have competed previously at MCSC and were awarded a prize, you are no longer eligible to submit a team entry form for upcoming MCSC with the same business idea but may submit a team entry form for a different business idea. If you have previously submitted an idea for past MCSC but did not win a prize, you are eligible to re-submit a team entry form.

This event also appears on the main events calendar tagged as entrepreneur, seidman, startup, and tracks.

Information

For more information, please visit: https://entrepreneurship.msu.edu/MCSC

Contact

Thomas Coke, Entrepreneur in Residence
[email protected]

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Page last modified October 18, 2022