The Wisconsin Big Idea Tournament is an entrepreneurship competition open to undergraduate and graduate students attending any two- or four-year University of Wisconsin school across the state (except UW-Madison). It teaches cutting-edge Lean Startup business development tools, provides business mentorship, and allows participants to compete at a state level for a chance to win seed funding for their idea as well as a chance to compete internationally at the 2020 International Business Model Competition (IBMC) in May 2020.
Over 85 percent of new businesses fail within a few years, often because they try to plan their way to success. It’s time to change.
The Wisconsin Big Idea Tournament represents a new paradigm in entrepreneurship. This is not a business plan competition but rather a business idea competition based on a new way of thinking about the entrepreneurial process and business concept development. Instead of preparing a detailed business plan, student teams will identify and test their business assumptions EARLY in order to quickly identify customers and market potential and present the findings of their work in a brief 10 minute presentation to judges.
In order to participate in the tournament, teams must compete in a local event affiliated with their university or receive an at-large bid from WiSys.
More qualifying events will be listed once they are finalized.
The At-Large Round is designed to allow either a) teams who compete in and do not win a campus qualifying event or b) teams who show promise after the qualifying events are completed to advance to and compete in the Wisconsin Big Idea Tournament.
WiSys offers a variety of sponsorship opportunities for the Wisconsin Big Idea Tournament. Please review our 2020 Sponsorship Guide. For more information on sponsorship opportunities please contact Jennifer Souter at [email protected] or by phone at 608-316-4131.
WiSys offers matching funds and marketing support for all campus qualifying events. Formore information on how your campus can access match funds for local campus qualifiers, please contact Jennifer Souter.