what is the Provost's Innovation Challenge?
The Provost's Innovation Challenge (formerly called QuackHatch) is a cross-campus business idea competition open to University of Oregon students of all majors. Pitch your business idea for a chance to win part of a $10,000 cash pool available in seed funding.
We are particularly looking for transformative 'big ideas' that can have a significant social and/or environment impact on society. Innovative solutions that address the environment, energy, global health, agriculture and food systems, inclusion and equity, literacy, and smart cities are particularly encouraged to apply. Learn more by attending one of our upcoming information sessions (see details below).
Applicants will be assigned one of two tracks based on how 'big' their idea. Each track will have winners that receive the following seed funding to advance their venture further:
Additionally, teams with the best physical product idea can win $500 from Invent Oregon to develop their product further and possibly represent the university at the statewide Invent Oregon competition in June.
This competition is open to University of Oregon students of all majors.
Information Sessions: January 13,14,16,21,and 22, 2020
6PM I Location: Lillis Business Complex 255
Learn more about the competition including what the competition designates as a 'big idea'. Pizza will be available to all who attend.
Application Due: January 26, 2020
Applications are due by midnight on Sunday, Jan. 26th. Finalists will be notified by Wednesday, January 29th and will be required to go through pitch preparation with an assigned mentor and further refinement of their business model.
Mentor Match: January 29, 2020
6PM I Location TBA
Meet your assigned mentor and review the competition 'check-in' guidelines so that you are adequately prepared for the final presentations. Light refreshments will be available for guests.
Final Presentations: March 11, 2020
6PM I Location TBA
Light refreshments will be available for guests.
how to apply
Submit a 1 to 2-page executive summary and a 60- 90 sec. video pitch. Upload your video pitch to a YouTube or Vimeo account. For info on how to write a successful executive summary, click here and/or use this template
Send your final and complete application to Kate Harmon, email@example.com, no later than midnight on Sunday, January 26th, 2020.
Part 1: Written Application
For your executive summary, focus on the following key areas:
Describe your concept. What is the specific idea? Who is the customer? What is the value proposition? Explain the “pain” addressed and the solution this concept provides.
How will the business generate revenue? What are your expected sources of revenue? Why will this concept succeed? Is this a viable concept?
Calculate the market size or potential. What will be your measure of success? What is the financial potential of your concept? What competition do you anticipate (direct and indirect) Why is your concept better? Describe the risks of this market opportunity.
Who is on your management team? Skills, background, etc.What are your anticipated roles?What skills does your team lack and how will you fill the gap?
Part 2: Video Pitch
Please create a 60-90 second video elevator pitch of your idea. You may use any format that is compatible with YouTube or Vimeo.
Congratulations to our 2019 winners & finalists!
Congratulations to our 2018 winners & finalists!
Congratulations to our 2017 winners & finalists!
And our finalists!
Congratulations to our 2016 winners & finalists!
Contact Kate Harmon, Director of Cross-Campus Engagement at the Lundquist Center for Entrepreneurship at firstname.lastname@example.org