Starting from March 1, 2018, IdeaGist will provide gift certificates to participating educational institutions for one-year virtual incubation under the “Idea of the Month” program. These gift certificates are initially sponsored by Bir Ventures USA for up to ten certificates per month. IdeaGist team will try to secure more sponsorships from interested parties that would like to support student entrepreneurs.
Purpose:
The purpose of this program is to encourage young entrepreneurs in developing their startup ideas and offer experiential learning opportunities.
Program Details
Under this program, an organized student body/club with an active entrepreneur support program will receive 12 virtual incubation awards every year, each valued at $499. Participating club will be able to give one award every month to any student with a good idea. The club will have full autonomy on who to give and how to select the recipient of the award.
Students receiving the award will get our virtual incubation hosting for one year. No purchase is necessary. It includes access to a step-by-step process, tools, templates, and learning resources. It also includes access to 10 team members, co-founder wanted listings, investors wanted listings, non-disclosure agreement management, and access to 100+ free services.
For 2018, 120 awards are sponsored by our investors, Bir Ventures USA. We will seek more sponsorships in the future to fund additional awards.
Program Rules
- Ideas are accepted from all students without discrimination.
- The student receiving the award must be announced on an open platform, like a newsletter, social media, student publication, or on your website.
- A student cannot receive more than one award in one year.
- These awards have no cash value and cannot be transferred in cash.
- The awarding club cannot charge any kind of fee or ask for other favors in return for the awards.
- The awarding club must inform us in a timely manner the recipient information using a simple reporting form. Access to the form will be provided to the club president.
Eligibility and Application Process
The application process is fairly simple. Complete the participation request form here. Please look at the following eligibility criteria before applying:
- Student body/club must be registered with the university or college as a recognized group.
- Helping student entrepreneurs and/or innovators must be part of the body/club's charter, mission, or goals.
- Entrepreneur or innovation group must meet on a regular basis.
- There has to be some kind of online presence for the body/club like a website, Facebook page, a blog, a page on the university site, a LinkedIn page, etc.
Who is participating?
AC Entrepreneurship Club at Algonquin College
Health Innovation and Entrepreneurship at Arizona State University
Startup Village at Arizona State University
The Collegiate Entrepreneurs' Organization at Ball State University
Entrepreneurship & Innovation Partnerships at Binghamton University
DBA Program at Cairo University
Center for Entrepreneurship at California State University, Chico
Cardinal Startups at Catholic University of America
Business College/ Marketing at Effat University
Collegiate Entrepreneurs Organization Club at Florida Gulf Coast University
Entrepreneurship Club at Hofstra University
Consulting and Entrepreneurship Club at IIM Raipur
Enactus at IIT Delhi
Entrepreneurship Club Business School at Imperial College London
Institute of Management Studies at the University of Peshawar.
Entrepreneurship Club at London Business School
Financial Management at Louvain School of Management
Innovation & Entrepreneurship Center at Mehran University of Engineering & Technology
Chemical engineering at Niger Delta University
Entrepreneurship Club at College of Business, Oregon State University
MBA Program at Roosevelt University
SFC Center for Entrepreneurship at St Francis College
Sukkur IBA Entrepreneurship Society at Sukkur IBA University
Entrepreneurship Club at SUNY Cortland
Syracuse University
University of Canberra
Enactus Unimelb at University of Melbourne
USD Innovation Network at University of South Dakota
Enactus UTS at University of Technology Sydney
London college of fashion, MA Fashion Entrepreneurship, and Innovation at University of the Arts London
Entrepreneurship Club at The University of Texas at San Antonio
USU Entrepreneurship Club at Utah State University
Entrepreneurship Club at Virginia Tech
About IdeaGist
IdeaGist is the largest virtual incubator in the world. It connects people from 360 communities worldwide. IdeaGist helps entrepreneurs in developing their early stage ideas into viable products through a unique virtual incubation program.
Our virtual incubation program currently offers a 60 steps process with tools, templates, and learning resources for each step. In addition the incubation, IdeaGist also offers co-founders listing, job postings, startup showcase, and recently we have started a global investors pitch program.
