Forming a Team

Detailed eligibility rules found on pages 4-5 of the Official Guidebook.

To be eligible for the competition, your team must:

  • Have 2 – 4 team members
  • Be current students (undergraduate or graduate) or have graduated May 2022 or later
  • Have at least one member that is a current full-time university undergraduate or graduate student anywhere in the world
  • Designate a point-of-contact person responsible for communication with competition organizers
  • Have team members that each currently hold fundamental, fully vested, equity-holding positions within the company and have a combined ownership of at least 25% of the founder’s equity in the company
  • Not have members on multiple teams in the competition
  • Be present during the entire competition and at the time of the prize presentations to be eligible for prizes

Business plans submitted by teams should be for ventures that are:

  • Early stage
  • For-profit
  • Potentially seeking initial investment capital

Submissions should not include:

  • Buy-Outs
  • Entity Expansions
  • Real Estate Ventures
  • Not-For-Profits
  • Subsidiaries
  • Recapitalizations
  • Sole Proprietorships
  • Single- Member LLCs