Conrad Challenge

Ages:High School

Types:Submission, Presentation

Categories:Business, Global Affairs, STEM

Scope:National

Registration Closes
Nov 1, 2019 11:59pm
America/New_York

The Conrad Challenge is an annual, multi-phase innovation and entrepreneurship competition that encourages young adults to design the future. Each year, teams of 2-5 students, ages 13-18, from around the world create products and/or services to address some of the most pressing local and global challenges in one of four categories: Aerospace & Aviation, Cyber-Technology & Security, Energy & Environment, and Health & Nutrition. The students become entrepreneurial problem-solvers, addressing challenging social, scientific and societal issues through utilizing their creativity and critical-thinking skills.

Registration: First, teams register at https://conradchallenge.awardsplatform.com. Round 1 and 2 are completed completely online through our online system. Round 1: The Investor Pitch In this round, teams must effectively explain the real-world solution by detailing their idea, while also illustrating its viability as an innovative solution on the market. Questions in this round include:

  • What is your innovative product/service?
  • What challenge(s) is your product/service designed to solve?
  • What are the key features of your product/service that make it special?
  • How is your product/service innovative and different from other product/services intended to solve the same challenges?
Round 2: The Business Plan   In this round, teams develop a comprehensive business plan outlining their idea and create a strategy to introduce their product/service to market. Required items in this round include:
  • Marketing, finance, intellectual property management, human resources management and operations management information
  • Graphic conceptualization or full prototype creation
  • 3-minute sales pitch video on product/solution
Submissions are reviewed by an esteemed group of industry experts in each category, and the top 5 teams in each category are considered finalists and invited to Round 3: The Innovation Summit. Round 3: The Innovation Summit The competition culminates at the Innovation Summit, a four-day, out-of-this-world experience at the Kennedy Space Center Visitor Complex. Finalist teams are invited to the space coast to meet and present their innovations before an esteemed panel of expert judges. Teams are scored and provided on-the-spot feedback from the judging panel. Teams receive scholarships, patent support, business services to support the continued growth of their concepts and internship opportunities.

Student pitches are evaluated similar to how entrepreneurs are evaluated for potential investment. See the Challenge website for additional details.  
This competition has not yet listed it's awards.

Website: https://www.conradchallenge.org/

Managing Organization: Conrad Foundation

Contact:

info@conradchallenge.org

Entry Fee: $399

Eligibility:
High School Students

Registration Closes
Nov 1, 2019 11:59pm
America/New_York

Overview

The Conrad Challenge is an annual, multi-phase innovation and entrepreneurship competition that encourages young adults to design the future. Each year, teams of 2-5 students, ages 13-18, from around the world create products and/or services to address some of the most pressing local and global challenges in one of four categories: Aerospace & Aviation, Cyber-Technology & Security, Energy & Environment, and Health & Nutrition. The students become entrepreneurial problem-solvers, addressing challenging social, scientific and societal issues through utilizing their creativity and critical-thinking skills.

Process

Registration: First, teams register at https://conradchallenge.awardsplatform.com. Round 1 and 2 are completed completely online through our online system. Round 1: The Investor Pitch In this round, teams must effectively explain the real-world solution by detailing their idea, while also illustrating its viability as an innovative solution on the market. Questions in this round include:
  • What is your innovative product/service?
  • What challenge(s) is your product/service designed to solve?
  • What are the key features of your product/service that make it special?
  • How is your product/service innovative and different from other product/services intended to solve the same challenges?
Round 2: The Business Plan   In this round, teams develop a comprehensive business plan outlining their idea and create a strategy to introduce their product/service to market. Required items in this round include:
  • Marketing, finance, intellectual property management, human resources management and operations management information
  • Graphic conceptualization or full prototype creation
  • 3-minute sales pitch video on product/solution
Submissions are reviewed by an esteemed group of industry experts in each category, and the top 5 teams in each category are considered finalists and invited to Round 3: The Innovation Summit. Round 3: The Innovation Summit The competition culminates at the Innovation Summit, a four-day, out-of-this-world experience at the Kennedy Space Center Visitor Complex. Finalist teams are invited to the space coast to meet and present their innovations before an esteemed panel of expert judges. Teams are scored and provided on-the-spot feedback from the judging panel. Teams receive scholarships, patent support, business services to support the continued growth of their concepts and internship opportunities.

Criteria

Student pitches are evaluated similar to how entrepreneurs are evaluated for potential investment. See the Challenge website for additional details.  

Awards

This competition has not yet listed it's awards.

Participate

Website: https://www.conradchallenge.org/

Managing Organization: Conrad Foundation

Contact:

info@conradchallenge.org

Entry Fee: $399

Eligibility:
High School Students

Deadlines

Registration Closes
Nov 1, 2019 11:59pm
America/New_York