Ask HN: University business idea competitions?

3 pointsclay2 comments

There's a "business idea competition" sponsored by my university's business school. Are these things worth participating in?

I'm a PhD student in another department and it seems like it wouldn't take that much effor for a chance to try and grab the big prize of $10,000.

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Can't hurt to participate, have entered something similar last two years. Hint though, find out who the Judges are, in our case they were mid-level managers at PWC, IBM other sponsors etc, really need to target their tastes if all you want is the money.

I have a friend/associate who judges those and he's sharp as hell w/ lots of experience. He also likes to be an introducer... May you have the same luck.

The only possible negative would be that you are working on a business plan instead of a product.

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