New Iowa Innovation Challenge will award $225,000 in funding

A newly announced startup competition by the University of Iowa—The Iowa Innovation Challenge—will award $225,000 in total funding during the 2019-2020 academic year to startups across the University of Iowa’s campus.

The Iowa Innovation Challenge is a university-wide competition with the goal to identify, advance and support the most innovative and entrepreneurial projects on campus.

The competition is currently accepting applications for the first phase of the competition that will be held this fall and will award $75,000 in prizes. The second phase will be a Business Model Competition held in spring 2020 and will award $150,000 in additional prizes.

Pitch workshops will be held prior to both competitions to help individuals and teams prepare.

The competition is open to anyone associated with University of Iowa including faculty, staff, students and incubator startups.

The Fall Elevator Pitch Competition will take place November 18-20 and will be split into two categories:

Faculty, staff, graduate students, incubator startups

  • Will compete on November 18
  • $50,000 in prizes available this fall

Undergrad students

  • Will compete on November 19 or November 20
  • $25,000 in prizes available this fall

Applications for the Fall Competition are now open and due by November 6.