The Kentucky “Idea State U“ Business Plan Competition is designed to encourage innovation and entrepreneurship by engaging students from Kentucky’s postsecondary colleges and universities and providing an opportunity to develop and pursue their business ideas. The Competition will reward business models and plans that are judged by an independent panel as most innovative, complete and most likely to result in successful, high-growth ventures that would create new jobs for Kentuckians.
The Competition is organized and governed by the Office of Entrepreneurship (OOE) within the Kentucky Cabinet for Economic Development (Cabinet) and by Kentucky Science and Technology Corporation (KSTC) under contract with the Cabinet.
Competition prizes are scaled to provide larger cash prizes for business PLANS, which are defined by the Competition as being more developed and closer to commercialization, and smaller cash prizes for business MODELS
The Regional Competitions will be held on:
In the regional competitions, teams will be scored on their written summaries, a 60-second marketing video, a trade show/exposition tabletop display, and a 15 minute oral presentation. The top 5 teams from each of the two categories (business model and business plan) will receive the awards listed below and advance to the final competition on Saturday, April 21, 2018 at the University of Kentucky
The Idea State U Regional would like to thank the following companies and organizations for their tireless support.
With their commitment, students have an opportunity to share ideas, showcase cutting-edge projects,
and compete annually for awards and scholarships.
If you would like to become a sponsor of the Idea State U Regional please contact Ms. Kristine McNiel for more information.