ABOUT THE COMPETITION
Focused on igniting the entrepreneurial spirit of University of St. Thomas students across campus, the Fowler Business Concept Challenge invites participants to develop a concept with the potential to grow into a viable, high-growth business. Students from 42 academic programs are taking part in this year’s competition, making it a truly cross- campus event. Today highlights the top 32 teams in the business track and social track as they compete in the semifinals. Four teams from each track will advance to the finals this afternoon, where they will compete for a total of $92,500 in scholarships. Every finalist earns a scholarship, with the top team in each track receiving $15,000. Semifinalists who do not advance will receive a $1,000 team scholarship, and the runner-up in each semifinals room will receive $1,500. This year’s 17th annual Fowler Business Concept Challenge includes 142 students that submitted 115 new venture concepts. We are proud to have 63 entrepreneurs and business leaders serving as judges this year, including 26 St. Thomas alumnae.
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, Jill Putman and U.S. 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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