Gustie Entrepreneur CupStudent Entrepreneurship Competition - Saturday, May 11, 2024
The Gustie Entrepreneur Cup brings together student entrepreneurs in an innovative and collaborative pitch competition that showcases the creative spirit that Gustavus students bring to their startup endeavors. Here at Gustavus, we find that great ideas are usually created by trial and error, collaboration, and working in an innovative space that supports ongoing learning and development in a community of entrepreneurial peers and mentors. Students identify real problems and opportunities, find realistic solutions, use insightful data, and integrate important research to develop a strong business model.
How it Works
The Gustie Entrepreneur Cup is sponsored by the Center for Innovative and Entrepreneurial Leadership (CIEL), and supported by Gustie alumni, special grants, and community partners. Throughout the Gustie Cup process, students are strongly encouraged to participate in a variety of sessions and workshops where they can contribute their ideas, talents, and innovative thinking to address complex challenges. Participants engage with faculty, coaches, and alumni mentors, to support students in developing their ideas into feasible, scalable, and sustainable business models. RSVP for Prep Sessions/Labs today!
Competition Categories and Seed Money Prizes
There are two categories for the competition and within these categories, entries can be pitched as a for-profit venture or a social entrepreneurial endeavor (non-profit organization).
- Scalable Category: This is for innovative ideas that are scalable to larger and broader markets
- Sustainable Category: This is for business ideas that satisfy strategic community-based needs and/or provide a student with a livelihood after graduation
Students can formally apply to the Gustie Cup (deadline is April 17), and continue to refine their pitch. If selected to proceed, applicants meet with Alumni mentors and ultimately present to a panel of judges for the opportunity to win seed money to grow their business idea on May 11, 2024. Additionally, the winning business idea in the Scalable Category automatically advances to the semi-finals of the Minnesota Cup. All students are encouraged to apply to the Minnesota Cupby Apr 12.
Program Details and Participation Requirements
Leading up to the Gustie Cup, students have the opportunity to participate in sessions and access tools and resources to help them develop their innovative ideas. Participation in sessions 1-3 is strongly encouraged, but not required, to apply to participate in the Gustie Cup.
Please RSVP here if you plan to attend any of the sessions so we can plan accordingly.
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