Round 1: Idea Development & Written Submission Round
Teams (comprised of 1 to 4 members) will submit an Executive Summary that explores and develops ideas for business ventures in one of two tracks: Innovation or Small Business. Small business ideas should be able to be realistically started by high school students with under $10,000. The Executive Summary should be no more than 5 pages in length and must describe the concept and outline the problem, the solution, customers, the competition, assets needed, challenges, and financial feasibility.
Round 2: Video and Slide Deck Submission Round
Semifinalist teams compete in Round 2 to become a Final Four Challenge team. A slide deck and 60-90 second pitch video will be required for judging.
Round 3: Live Pitch at thinkBIG! Summit
The Final Four teams will present live in front of judges and attendees at the thinkBIG! Summit on March 2, 2021. Two teams from each track will compete for the cash prizes.
Over $9,000 in prizes!
Each Final Four team member also receives: – Veale Innovator Medals
For Mini Maker Hackathon team at the Summit – Each First Place team member is awarded $50 cash
For School Sponsoring the Grand Prize Team – Traveling Veale Innovation Cup Trophy
The Veale Venture Challenge was a huge success from start to finish.
Parent, Walsh Jesuit High School
At the 2020 thinkBIG! Summit, we were able to work together in an innovative way. The energy was great!
Students from Beaumont HS and Northern Career Institute
The Veale Venture Challenge showed me the diversity of people and ideas throughout Northeast Ohio and that there are many opportunities for individuals of all ages.
Student, Beaumont School
I knew I wanted to be an engineer, but now I know I want to be an engineer that works on sports equipment, which I can prototype with a 3D printer. Thanks Veale Startup Week!
Learning how to pitch an idea was a great experience and a skill that I can use in business and in everyday life.
Student, Laurel School
For my daughter, entering and winning the Business Plan Competition has better prepared her for life than most any other experience.
Parent, Magnificat High School
The Veale Pitchfest was a great exercise in teamwork and collaboration. It taught me how to effectively share my ideas with a large group and how to build on the great ideas of others.
Student, Saint Ignatius High School
Everything about the competition was amazing! The executive coaches were fantastic, and the location was amazing. The judges on the day of the competition were really great and provided quick and thoughtful feedback.
Teacher, Walsh Jesuit High School
I had a great experience and it was a lot of fun, especially the prizes. I got a lot of useful tips about public speaking. I definitely will convince my friends to participate next year.
Student, Laurel School
I liked the Veale Venture Challenge a lot, especially presenting my ideas to a huge audience and promoting my business to new people.
Student, Montessori High School at University Circle