USD Beacom School of Business School Hosts i2i Competition in March

Invent to Innovate logo The Beacom School of Business will host the Invent-to-Innovate (i2i) Business Model Competition on March 23.

VERMILLION, S.D. – The Beacom School of Business at the University of South Dakota will host the Invent-to-Innovate (i2i) Business Model Competition on March 23. The i2i competition has two divisions; one for high school age (14-18) and the other for college students. Unlike business plan competitions students are rewarded for taking chances and experimenting with their business model.

“The i2i competition encourages aspiring entrepreneurs to learn through trial and error about what works and what doesn’t when starting a business,” said Venky Venkatachalam, dean of the Beacom School of Business. “Exposing students to the challenges encountered in the entrepreneurial process will help them understand how to adapt and succeed in the business world.”

In order to compete students submit a video presentation explaining their idea and the action they’ve taken to test out their business model and what they’ve learned or changed by 11:59 p.m., March 5, at www.usd.edu/i2i. Finalists are selected and announced by March 14 and invited to compete for prize money by presenting to judges live during the i2i competition held at the Beacom School of Business on March 23.

Prizes for winning entries are as follows:


High School Track

  • First Place: $1000

  • Second Place: $750

  • Third Place: $500

  • Plus additional prizes and services

 

University Track

  • First Place: $2000

  • Second Place: $1500

  • Third Place: $1000

  • Plus additional prizes and services

 

There will also be a $250 award given to the crowd favorite.

ABOUT THE BEACOM SCHOOL OF BUSINESS

USD's Beacom School of Business was established in 1927 and has been accredited by the Association to Advance Collegiate Schools of Business (AACSB) since 1949. The leading business school in the region, Beacom’s programs are consistently ranked among the top business schools in the nation by Princeton Review, U.S. News & World Report and others for its high-quality learning experience, student success, affordability, and high-caliber of faculty and students. Whether a student chooses face-to-face or online courses, Beacom’s programs emphasize real-world experience through professional organizations, quality internships and capstone projects.

ABOUT USD

Founded in 1862 and the first university in the Dakotas, the University of South Dakota is the only public liberal arts university in the state, with 205 undergraduate and 73 graduate programs in the College of Arts & Sciences, School of Education, School of Law, Sanford School of Medicine, School of Health Sciences, Beacom School of Business and College of Fine Arts. With an enrollment of nearly 10,000 students and more than 400 faculty, USD has a 17:1 student/faculty ratio, and it ranks among the best in academics and affordability. USD’s 17 athletic programs compete at the NCAA Division I level.

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