Entrepreneurial-minded college students seeking to secure early-phase seed funding are inspired to sign-up for Auburn University’s yearly Tiger Cage Enterprise Concept Competitiveness.
The program—which kicks off with skill-developing workshops this semester and concludes in the spring with various rounds of pitch competitions just before business experienced judges—allows scholar groups to compete for a share of $50,000 in startup funds, sponsored by the Harbert Faculty of Small business, and a $4,000 innovation award sponsored by the Thomas Walter Center for Technological know-how Administration.
“Business thoughts have a item or provider, and engineers are the people that develop goods and usually the important features of a services,” stated Auburn University Director of Entrepreneurship Technique Lou Bifano. “Anyone who is interested in sharpening their competencies in producing a business enterprise idea, writing an simple-to-fully grasp summary, then pitching that notion to possibly attain approval from traders or superiors is encouraged to participate.”
The 2021-22 Tiger Cage kicks off with a pair of recruitment and facts gatherings, Friday, Sept. 3 at 5 p.m. within Horton-Hardgrave Hall’s Innovation Lab, and Sept. 10 at 5 p.m. at the Auburn University New Venture Accelerator.
“At the kickoff gatherings, potential teams will master about the competitions, formats, what their programs need to have to include and the program’s plan for the 12 months,” Bifano included. “We’re heading to have extra workshops this calendar year to assistance the students be extra aggressive.”
Tiger Cage registration deadline is Nov. 19. Bifano expects about 30 to 40 programs, which will be vetted and whittled to 20 just before January’s pitch opposition rounds begin.
Tiger Cage quarterfinals will be Jan. 28, with semifinals on Feb. 25. Sector specialist judges will opt for the last four teams to contend in the March 25 Tiger Cage finals.
Teams intrigued are also invited to participate in the Oct. 29 Halloween Pitch Competition, which serves as a warm-up to Tiger Cage, and puts $5,000 in seed funding up for grabs.
“This presents teams a likelihood to get a authentic truly feel for pitching prior to seasoned judges in advance of they are propelled into the Tiger Cage,” Bifano explained.
Learners intrigued in participating in this year’s Tiger Cage Company Plan Competitiveness are inspired to get hold of Lou Bifano at [email protected]