Do you have a big idea?
The 8th Annual Venture Challenge will showcase LSU’s brightest student entrepreneurs and provide their businesses with access to the capital and resources needed to achieve long-term success.
The Venture Challenge is looking to support new, independent student ventures in the early growth stage. All LSU students are encouraged to become a member of the LSU Student Incubator. Any startup venture that fits these requirements, including non-profits, can enter.
Important 2018 Dates
- April 9, 2018—Deadline to submit first round business plans
- April 17, 2018—Finalists pitch in live round 5-8PM at Tin Roof Brewery
How to Get Involved
Meet with Your Consultants: Business Plan Development
Email Kenny Anderson to set up an initial meeting. From there, our team of Flores MBA Graduate Assistants and full time consulting staff at the LSU Student Incubator will provide individual coaching sessions on business plan development to Student Incubator members. The included checklist provides an outline of business plan requirements—your MBA consultants are here to help you meet these requirements, please reach out to them. The earlier you start working on your business plan, the better.
First Round: Submit Your Business Plan
Members must submit their business plans to Kenny Anderson by April 9, 2018. Participants can continually update their plans until this deadline is reached. Once the deadline is reached, all plans will be judged and scored by a panel of members from the LSU and local business communities. The top four scoring plans will advance to the final live round of the Venture Challenge on April 17, 2018 from 5-8PM at Tin Roof Brewery in Baton Rouge. Members who submit their business plans will receive feedback from the judges on their plans.
Final Round: Live Competition and Startup Showcase
Present Your Idea
On April 17, 2018, participants with the top three plans will give a 10 minute investor pitch to both the panel of judges and a live audience. Each pitch will be followed by a 10 minute question and answer session with the panel of judges made up of local business professionals and investors.
Seed Capital Awarded: Three Businesses Receive Cash Awards Totaling $25,000
$25,000 to be Distributed Among the Three Presenting Finalists
The judge’s final round scores will determine how to divide up $23,500 among the four winners. A cash amount of up to $15,000 can be awarded and each finalist is guaranteed at least $1,000.
Marty & Lisa Sutter
John Q. & Nancy Barnidge