Accelerate Michigan expands with $50K Student Idea Competition

Local leaders are expecting a sizable turnout of studentpreneurs at the Accelerate Michigan Student Idea Competition, an offshoot of the Accelerate Michigan Innovation Competition, to vie for $50,000 in prizes.

A number of local universities are encouraging their students to participate, including Southfield-based Lawrence Technological University. School officials are working with local student groups, such as Collegiate Entrepreneurs' Organization, its leadership curriculum and faculty.

"This is something that is very important to the university," says Pavan Muzumdar, Entrepreneur in Residence at Lawrence Tech. "We're advertising it in all of our channels."

The Accelerate Michigan Student Idea Competition offers three prizes totaling $50,000. Any college student attending school in the state is eligible. Participants must submit a one-page business plan, a three-minute video pitch, and formulate a 15-minute live pitch.

The deadline for applications is October 22. For information, click here.

The Accelerate Michigan Innovation Competition is offering over $1 million in prizes and in-kind awards to start-ups in Michigan or planning to move to Michigan. The idea is to showcase the state's entrepreneurial ecosystem to a large audience of investors in town for the Big Chill hockey game at Michigan Stadium on Dec. 11.

Source: Pavan Muzumdar, Entrepreneur in Residence at Lawrence Technological University and Katie Hayes, entrepreneurship and leadership coordinator at Lawrence Technological University
Writer: Jon Zemke

Accelerate Michigan expands with $50K Student Idea Competition

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