Inspire individuals to become entrepreneurs
Connect individuals with Madison College alumni, academic experts, and private industry professionals
Help create new ventures, new knowledge and skill sets, new attitudes, and new jobs
Provide a non-traditional source of start-up funding for aspiring entrepreneurs within the Madison College district through a $5000 cash prize micro-investment from the Madison College Foundation
The Madison College Challenge is open to all students who were enrolled in at least one credit or non-credit class during the 2014-2015 or 2015-2016 school years (see the Madison College Challenge Rules below, for additional eligibility requirements).
Phase 1: Feasibility Analysis: Due 03/07/16 Submit your Feasibility Analysis via our online form. Guidelines provided below. Top Phase 1 Feasibility Analysis submissions will be announced and invited to prepare complete Business Plans for Phase 2.
Phase 2: Business Plan: Due 04/18/16 Electronically submit Phase 2 Business plans. Top submissions proceed to Phase 3. Practice Presentations: Dates to be determined between 04/25/16 and 04/29/16
Phase 3: Present Oral Business Plan in person 05/06/16. Award ceremony to take place May 6, 2016.
For more information, email: email@example.com.
See Highlights from the 2015 Madison College Challenge:
Grand Prize, $5000 - Summit Credit Union
Second Prize, $2500 - Findorff
Third Prize, $1500 - American Family Insurance
Fourth Prize, $1000 - Madison Gas and Electric (Plus a sponsorship to attend the Wisconsin Entrepreneurship Confrence)
Fifth Prize, $1000 - Cleary Building Corp
Sixth Prize, $1000 - Sponsored by Mae Laatsch
Event Sponsor, $1000 - Wisconsin Economic Development Corporation
In Kind Prizes
$2400 Value - 100State | 3-month membership to 100State for each Challenge finalist. This will provide our finalists with a physical business idea space to continue fostering their plan after the school year has concluded.
$1000 Value - Madison Noteworthy | "Custom Media Training" for the winner, will include 1:1 training from the co-founders of Madison Noteworthy. The recipient will receive on-camera studio training that will prepare the finalist for presenting their new venture and earning media exposure.
$325 Value - SourceHouse | Free design and printing of 1,000 business cards for two finalists
$250 - Doyenne Group | Scholarship to the Doyenne Group Retreat; a weekend long retreat for women entrepreneurs.
Julie Haberkorn - Summit Credit Union
Sean Cleary - Cleary Holdings Inc. and Cleary Building Corp.
Dave Volz - Wisconsin Economic Development Corporation
Kay-Tee Franke - Madison Noteworthy
John Drury - Madison Gas & Electric
Carrie Castree - Jeanette's Daughter
Chris Rudolph - American Family Dream Bank