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 Business Model Competition Global at Brigham Young University in Provo, Utah on May 21-22, 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.
The tournament is a qualifier for international competition
The Business Model Competition Global Final is the first and largest student venture validation competition in the world. Each year thousands of student teams from hundreds of schools across the globe participate in qualifier competitions, striving to reach the top 40 and compete in the global final. Each of the 40 teams that advance to the final are awarded a minimum of $2,500 with the potential to win up to $20,000.
More qualifying events will be listed once they are finalized.
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.