Business Idea Competition
2022 Fall Kutztown University Business Idea Competition
The Kutztown University Business Idea Competition provides students of all disciplines an opportunity to develop their creative business ideas, receive valuable feedback from business professionals and win cash prizes! Finalists will present their business ideas to a panel of experienced entrepreneurs on November 16, 2022.
2022 Business Idea Competition Orientation Sessions:
- Wednesday, September 14, 2022 at 2:30pm in McFarland Student Union 116
- Thursday, September 15, 2022 at 11:00am in McFarland Student Union 116
Submit your business idea here by October 11, 2022 (see Competition Rules)
Finalists will be notified via email by October 20, 2022
November 16, 2022: KU Business Idea Competition, 5:00 p.m.
(Finalists make their presentations to a panel of judges)
Winners will be eligible to participate in the State System Startup Challenge
- Competition is open to all current KU undergraduate students
- Students may compete individually or as a team (not to exceed 4 members)
- Attend an Orientation Session (see Competition Timeline)
- Submit a written business idea (only one submission per student or team, 2-3 typed pages see Submission Guidelines)
- Finalists will compete via a 3-5 minute live presentation before a panel of judges, followed by 3 minutes of Q&A
- Professional attire required for all finalists
All finalists will be encouraged to participate in the State System Startup Challenge.
- Submit a written description of your idea for a business or non-profit organization in the form of a 2-3 page typed paper in Times New Roman font (12 pt) double spaced with 1" margins
- Also include a cover page with the name of the business and the name(s) of the student(s)
- Save your Word document with your first and last name and your student ID number
- Each submission must reflect a new business idea
- Each submission should contain the following:
- Name of Business
- What is the real-world goal of your business?
- Who will be your target market?
- Describe the type of business (on-line, service based, manufacturing, non-profit organization, etc.)... Explain.
- Describe how you will promote and market the product or service.
- How will the business be financed?
- What will be the structure of your organization? (Sole proprietorship, partnership, corporation or non-profit)
- Competition Resources
CONGRATULATIONS TO THE 2021 Winners
The 2021 Business Idea Competition Winners
1st place - Isaac Reiter (Up the Sleeve Magic Theater), 2nd place - Chloe Krempasky and Maggie Strawoet (KUberr), and 3rd place - Matthew Sodano (Rubber Duckki Filtration Systems)
From Left to Right: Anna Blanchette (Total Solutions Group), Isaac Reiter (1st place winner), John Stetler (Judge), and Alecia Panuski (KU Foundation).
1st Place Winner - Up the Sleeve Magic Theater will be a one-stop shop for magicians. This business will help novice magicians get their start, as well as support expert magicians advance their careers through lessons, stage practice, lectures, magic props, and advertisement services.
From Left to Right: Anna Blanchette (Total Solutions Group), Chloe Krempasky (second place winner), Maggie Strawoet (second place winner), John Stetler (Judge), and Alecia Panuski (KU Foundation).
2nd Place Winner - KUberr is a car service specifically aimed towards students at Kutztown University. This shuttle service will help students navigate the town, take them to grocery stores, and even help get to class easier.
From Left to Right: Anna Blanchette (Total Solutions Group), Matthew Sodano (third place winner), John Stetler (Judge), and Alecia Panuski (KU Foundation).
3rd Place Winner - Rubber Duckki Filtration Systems is a floating cleaning system that will college bugs and unwanted debris found in a pool. This will eliminate the need to manually clean your pool after the filtration system has failed to clean it the first time.
The 2021 Business Idea Competition Judges
Josh Kovitch (Program Manager - Southeast PA PTAC), John Stetler (Director - Small Business Development Center), and John Dever (Business Consultant - Small Business Development Center)