Announcing the Fall 2016 Game Changers Challenge

VTKW Game Changers Challenge
VT KnowledgeWorks is pleased to announce the Game Changers Challenge, an opportunity for one entrepreneur or entrepreneurial team to qualify for a $25,000 “Running Start” loan plus a package of free startup assistance services.  Solid runners-up may also qualify for free startup assistance.

Any aspiring entrepreneur or entrepreneurial team may enter by submitting an application by October 7, 2016.  The challenge is open to all who meet the following criteria:

  • The product or service to be provided by the venture must either be consumed (not simply re-marketed) by another business, or be integrated into a more complex end-product for downstream sale.
  • The targeted buyers must constitute a relatively narrow demographic niche that can be addressed with limited resources.
  • The proposed product or service must powerfully address some widely acknowledged niche need.
  • High leverage must be obtained by the $25,000 (not just the first $25,000 out of a $1M needed for launch, for instance).
  • The entrepreneurial team must be able to fill the technology leadership roles in the proposed venture.
  • The team must be committed to locating business operations in the Virginia Tech Corporate Research Center.
  • Any intellectual property related to the enterprise must be appropriately owned or licensed by the enterprise.

Finalists will be selected by VT KnowledgeWorks staff, and will then be invited to make a 15-minute presentation to the Running Start Committee on their proposed new ventures.  There will be no public events, nor will competing teams be allowed to attend each other’s presentations.  In the absence of a solid applicant, no loan will be made.  This is a qualifying process, not a contest.

Proposals must be submitted in accordance with the guidelines available on the VT KnowledgeWorks website www.vtknowledgeworks.com.  The deadline for the fall 2016 application submissions is October 7, 2016.  Applications should be submitted to info@vtknowledgeworks.com.  The selection committee will review applications and VT KnowledgeWorks will communicate with applicants shortly thereafter.  Awards will be announced in December.

For more information contact Jim Flowers, Executive Director of VT KnowledgeWorks, at 540-443-9100, extension 1 or at jim.flowers@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook, and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles, access to timely, relevant information, and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics GroupAutomation Creations, Inc., BAE SystemsBB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, Carilion ClinicCelaneseCIT GAP Funds, City of Roanoke, First Bank & Trust CompanyG.J. Hopkins, Inc.National Bank, New River Valley Intellectual Property Law, Plastics One Inc., PowerSchoolRackspace, Shentel, SimulTV, SMBWSunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union Bank & Trust, Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc., and Wordsprint.

Announcing the Spring 2016 Game Changers Challenge

VTKW Game Changers Challenge

VT KnowledgeWorks is pleased to announce the Game Changers Challenge, an opportunity for one entrepreneur or entrepreneurial team to qualify for a $25,000 “Running Start” loan plus a package of free startup assistance services.  Solid runners-up may also qualify for free startup assistance.

Any aspiring entrepreneur or entrepreneurial team may enter by submitting an application by April 29, 2016.  The challenge is open to all who meet the following criteria:

  • The product or service to be provided by the venture must either be consumed (not simply re-marketed) by another business, or be integrated into a more complex end-product for downstream sale.
  • The targeted buyers must constitute a relatively narrow demographic niche that can be addressed with limited resources.
  • The proposed product or service must powerfully address some widely acknowledged niche need.
  • High leverage must be obtained by the $25,000 (not just the first $25,000 out of a $1M needed for launch, for instance).
  • The entrepreneurial team must be able to fill the technology leadership roles in the proposed venture.
  • The team must be committed to locating business operations in the Virginia Tech Corporate Research Center.
  • Any intellectual property related to the enterprise must be appropriately owned or licensed by the enterprise.

Finalists will be selected by VT KnowledgeWorks staff, and will then be invited to make a 15-minute presentation to the Running Start Committee on their proposed new ventures.  There will be no public events, nor will competing teams be allowed to attend each other’s presentations.  In the absence of a solid applicant, no loan will be made.  This is a qualifying process, not a contest.

Proposals must be submitted in accordance with the guidelines available on the VT KnowledgeWorks website www.vtknowledgeworks.com.  The deadline for the spring 2016 application submissions is April 29, 2016.  Applications should be submitted to info@vtknowledgeworks.com.  The selection committee will review applications and VT KnowledgeWorks will communicate with applicants shortly thereafter.  Awards will be announced in late May.

For more information contact Jim Flowers, Executive Director of VT KnowledgeWorks, at 540-443-9100, extension 1 or at jim.flowers@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook, and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles, access to timely, relevant information, and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics GroupAutomation Creations, Inc., BAE SystemsBB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, Carilion ClinicCelaneseCIT GAP Funds, City of Roanoke, First Bank & Trust CompanyG.J. Hopkins, Inc.National Bank, New River Valley Intellectual Property Law, Plastics One Inc., PowerSchoolRackspace, Shentel, SimulTV, SMBWSunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union Bank & Trust, Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc., and Wordsprint.

Announcing the 2016 VT KnowledgeWorks Sponsors

VT KnowledgeWorks wants to acknowledge and thank our 2016 sponsors who make possible the various programs and events we offer each year such as:

  • Global Entrepreneurship Challenge Semifinals, awarding $25,000 in scholarships to Virginia Tech students, including the –
    • $5,000 Plastics One Advanced Manufacturing Award for the outstanding tangible product
    • $5,000 VT KnowledgeWorks Information Technology Award for the outstanding intangible product or service
    • $10,000 awarded as an additional grand prize for one of the two teams that receive the Advanced Manufacturing Award or the Information Technology Award
    • $5,000 People’s Choice Award sponsored by Virginia Tech Pamplin College of Business
  • Global Challenge Virtual Preliminary, giving one student team from anywhere in the world $5,000 in air travel reimbursement for a chance to compete on a world stage at the Global Student Entrepreneurship Challenge
  • Global Student Entrepreneurship Challenge, awarding $40,000 in cash prizes, including the –
    • $10,000 Plastics One Advanced Manufacturing Award for the outstanding tangible product
    • $10,000 VT KnowledgeWorks Information Technology Award for the outstanding intangible product or service
    • $15,000 awarded as an additional grand prize for one of the two teams that receive the Advanced Manufacturing Award or the Information Technology Award
    • $5,000 People’s Choice Award sponsored by Virginia Tech’s Outreach and International Affairs
  • Innovation Challenge, providing $100,000 worth of mentorship and business support services to a winning team of Virginia Tech faculty, staff, students and/or alumni proposing to establish a new venture in Blacksburg, based on Virginia Tech-owned technology
  • Game Changers Challenge, an opportunity for one entrepreneur or entrepreneurial team to qualify for a $25,000 “Running Start” loan plus a package of free startup assistance services
  • The Entrepreneurship Option workshop, an interactive workshop to help one identify what it takes and what it means to be a true entrepreneur instead of an employee

Our generous 2016 VT KnowledgeWorks sponsors who make this all possible are:

Allegheny Logistics Group

Automation Creations, Inc.

BAE Systems

BB&T

The Branch Group, Inc.

Brown, Edwards & Company, LLP

Carilion Clinic

Celanese

CIT GAP Funds

City of Roanoke

First Bank & Trust Company

G.J. Hopkins, Inc.

National Bank

New River Valley Intellectual Property Law

Plastics One Inc.

PowerSchool

Rackspace

Shentel

SimulTV

SMBW

SunTrust Bank

TechLab

Third Security

Town of Blacksburg

Town of Christiansburg

Union Bank & Trust

Virginia Tech Corporate Research Center

Virginia Tech’s Outreach and International Affairs

VPT, Inc.

Wordsprint

Stay connected with us and the VT KnowledgeWorks events offered in 2016 at www.vtknowledgeworks.com/event/calendar.

VT KnowledgeWorks Global Challenge Semifinals sponsors include Plastics One Inc. and Virginia Tech Pamplin College of Business.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook, and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles, access to timely, relevant information, and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

 

Announcing the Fall 2015 Game Changers Challenge

game_changers

VT KnowledgeWorks is pleased to announce the Game Changers Challenge, an opportunity for one entrepreneur or entrepreneurial team to qualify for a $25,000 “Running Start” loan plus a package of free startup assistance services. Solid runners-up may also qualify for free startup assistance.

Any aspiring entrepreneur or entrepreneurial team may enter by submitting an application by October 12, 2015. The challenge is open to all who meet the following criteria:

  • The product or service to be provided by the venture must either be consumed (not simply re-marketed) by another business, or be integrated into a more complex end-product for downstream sale.
  • The targeted buyers must constitute a relatively narrow demographic niche that can be addressed with limited resources.
  • The proposed product or service must powerfully address some widely acknowledged niche need.
  • High leverage must be obtained by the $25,000 (not just the first $25,000 out of a $1M needed for launch, for instance).
  • The entrepreneurial team must be able to fill the technology leadership roles in the proposed venture.
  • The team must be committed to locating business operations in the Virginia Tech Corporate Research Center.
  • Any intellectual property related to the enterprise must be appropriately owned or licensed by the enterprise.

Finalists will be selected by VT KnowledgeWorks staff, and will then be invited to make a 15-minute presentation to the Running Start Committee on their proposed new ventures. There will be no public events, nor will competing teams be allowed to attend each other’s presentations. In the absence of a solid applicant, no loan will be made. This is a qualifying process, not a contest.

Proposals must be submitted in accordance with the guidelines available on the VT KnowledgeWorks website www.vtknowledgeworks.com. The deadline for the fall 2015 application submissions is October 12, 2015. Applications should be submitted to info@vtknowledgeworks.com. The selection committee will review applications and VT KnowledgeWorks will communicate with applicants shortly thereafter. Awards will be announced in mid-November.

For more information contact Jim Flowers, Executive Director of VT KnowledgeWorks, at 540-443-9100, extension 1 or at jim.flowers@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, CIT GAP Funds, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Interactive Achievement, Inc., Meridium, Montgomery County, Virginia Economic Development Department, National Bank, New River Valley Intellectual Property Law, Plastics One Inc., Rackspace, Shentel, SimulTV, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union Bank & Trust, UXB International, Inc., Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc, Wordsprint.

Announcing the Spring 2015 Game Changers Challenge

VT KnowledgeWorks is pleased to announce the Game Changers Challenge, an opportunity for one entrepreneur or entrepreneurial team to qualify for a $25,000 “Running Start” loan plus a package of free startup assistance services.  Solid runners-up may also qualify for free startup assistance.

VTKW Game Changers Challenge

Any aspiring entrepreneur or entrepreneurial team may enter.  The challenge is open to all who meet the following criteria:

  • The product or service to be provided by the venture must either be consumed (not simply re-marketed) by another business, or be integrated into a more complex end-product for downstream sale.
  • The targeted buyers must constitute a relatively narrow demographic niche that can be addressed with limited resources.
  • The proposed product or service must powerfully address some widely acknowledged niche need.
  • High leverage must be obtained by the $25,000 (not just the first $25,000 out of a $1M needed for launch, for instance).
  • The entrepreneurial team must be able to fill the technology leadership roles in the proposed venture.
  • The team must be committed to locating business operations in the Virginia Tech Corporate Research Center.
  • Any intellectual property related to the enterprise must be appropriately owned or licensed by the enterprise.

Finalists will be selected by VT KnowledgeWorks staff, and will then be invited to make a 15-minute presentation to the Running Start Committee on their proposed new ventures.  There will be no public events, nor will competing teams be allowed to attend each other’s presentations.  In the absence of a solid applicant, no loan will be made.  This is a qualifying process, not a contest.

Proposals must be submitted in accordance with the guidelines available on the VT KnowledgeWorks website www.vtknowledgeworks.com.  The deadline for the spring 2015 application submissions is May 8, 2015.  Applications should be submitted to info@vtknowledgeworks.com. The selection committee will review applications and VT KnowledgeWorks will communicate with applicants shortly thereafter.  Awards will be announced in June.

For more information contact Jim Flowers, Executive Director of VT KnowledgeWorks, at 540-443-9100, extension 1 or at jim.flowers@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, CIT GAP Funds, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Interactive Achievement, Inc., Meridium, Montgomery County, Virginia Economic Development Department, National Bank, New River Valley Intellectual Property Law, Plastics One Inc., Rackspace, Shentel, SimulTV, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, UXB International, Inc., Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc, Wordsprint