For the 9th through 12th grade Young Innovators competition, we are encouraging students to submit their ideas as innovative business plans using the method and format of their choosing. This could include a written plan, a video, a podcast, a PowerPoint, Prezi, etc.
While the emphasis on the competition is on the articulation and passion around his or her idea, we also suggest that students explain basic elements of a business plan which include a brief marketing analysis, financial projections, and possible marketing and/or sales tactics. These items will go towards an overall "feasibility" score as noted in our judging rubric.
Students will submit their ideas as business plans in one of three categories, which include:
- New - or improved - product, idea, or service: For this general category we are looking for innovative and feasible products, ideas or services. This can also include improvements upon existing products, ideas, or services.
- Social solution: Winners in this category will offer a smart, feasible, and inspiring solution to a social problem, be it in a local community or beyond.
- New App idea: Mobile device applications are one of the newest platforms that welcome innovative, life-improving solutions. We encourage participants to think of new and useful ideas that could potentially be developed into fully-functioning apps.
Please note: in all submissions, students should answer the following question: How does your product, service, or idea provide an innovative solution to a problem in your community/city/state/school?
The format you use and how you choose to explain your idea and basic business plan elements are entirely up to you!
Submissions are due midnight on Sunday, November 18th!
So what exactly is a business plan? Check out this information from the Small Business Association!
Want to know what the judges will be looking for? Check out our competition rubric!
And be sure to check out our competition guidelines before you submit!
Prize Information
Grand Prize (best overall submission) - $2500
Best Mobile App Idea
- 1st - $1000
- 2nd - $750
- 3rd - $550
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Best Social Solution
- 1st - $1000
- 2nd - $750
- 3rd - $550
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Best Product/Idea/Service
- 1st - $1000
- 2nd - $750
- 3rd - $550
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