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Dempsey Startup Competition

by opportunitydiary

Application Deadline: 04/04/2022

The Dempsey Startup Competition is open to undergrads and grad students at accredited colleges and universities across the Cascadia Corridor – Washington, Oregon, Idaho, and British Columbia, as well as Alaska.

The Dempsey Startup Competition (Dempsey Startup), organized by the Buerk Center for Entrepreneurship, provides a real-world experience for student entrepreneurs, promoting student ideas and new venture creation to the entrepreneurial community.

Participating in the Dempsey Startup gives students practice in the dynamics of venture creation by developing an idea, putting together a founding team, writing a business plan, and presenting to investors.

Eligibility

  • Teams entering must have at least one full-time or part-time student on the team who is enrolled in a degree-seeking program at an accredited college or university in the Cascadia Corridor – Washington, Oregon, Idaho, and British Columbia, as well as Alaska. If you graduated the summer quarter prior to the year of the competition or later, you are considered a current student in the competition.
  • The competition entry must be developed during the student’s tenure at the college or university. Students working with outside entrepreneurs must create their own original business plan and have responsibility for their own portion of the business.
  • All submissions to the Dempsey Startup Competition must live up to the higher ideals of the University of Washington. The team’s idea must be appropriate for a university-sponsored event. The Buerk Center for Entrepreneurship reserves the right to disqualify any entry that is its judgment violates the letter or the spirit of the competition or exceeds the bounds of social convention.
  • If the team or company entering the competition is revenue positive, actual annual revenue cannot exceed $500k. (Please note this is different than the company’s projected revenue. This rule does not apply to projected revenue.)
  • Eligible students can form a team with non-students, but for the sake of this competition, non-students will be considered as advisors. Students must have an ownership stake in the business or the potential for equity or employment.
  • Only student team members are eligible to earn prize money. No payments will be made to non-students.

Application Procedure

Participating in the Dempsey Startup gives students practice in the dynamics of venture creation by developing an idea, putting together a founding team, writing a business plan, and presenting to investors.

Official Website: Dempsey Startup Competition

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