Focused on igniting the entrepreneurial spirit of University of St. Thomas students across campus, the Fowler Business Concept Challenge requires participants to develop a concept with the potential to become a viable, high-growth business. Students from 34 academic programs are participating in this year’s event, making it a truly cross- campus competition. Today’s event highlights the top 32 teams in each track (business and social venture) competing in the semifinals, with four teams from each advancing to the finals in the afternoon, where they will compete for a total of $92,500 in scholarships. Each finalist wins a scholarship, with the top team in each track winning $15,000. Students who compete in the semifinals competition but do not advance to the finals competition will be awarded a scholarship of $1,000 per team, with the runner-up in each semifinals pitch room receiving $1,500. The 2024 edition of the Fowler Business Concept Challenge includes 118 students that submitted 85 new venture concepts. Sixty-five entrepreneurs and business leaders make up this year’s group of judges, including 33 that are St. Thomas alumni.
SCHOLARSHIP AWARDS
The Fowler Business Concept Challenge is made possible through the generosity of Ron Fowler. This year, $92,500 in University of St. Thomas scholarships will be awarded across all teams, including three special awards and audience choice awards. Thank you to Ron Fowler and Alexis Fowler, Brian Mark, the Mary T. and James J. Hill Library Foundation, and US Bank for their generosity in making these scholarships possible.
Winner: $15,000 per team 2nd Place: $7,000 per team 3rd Place: $4,000 per team 4th Place: $2,000 per team
Best Use of Technology Award: $2,500 Health Equity Champion Award: $2,500 Kate Herzog Memorial Award: $2,500 Audience Choice: $500
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