Dureke iDEA PITCH COMPETITION

 College Students & Young Adults

The College Student Dureke iDEA PITCH Competition is predicated on two choices per contestant/team:

1. Develop a business iDEA PITCH plan conceived and developed by the contestant or team.
2. Only new business ideas will be eligible. Existing businesses that are more than two years old are not eligible. Existing businesses are defined as registered with the State of Maryland or have obtained an EIN within the past 24 months.

ALL IDEAS ARE WELCOME!

It does not matter when you formulated your ideas as long as you or your group own it and have the legal right to present. Whatever ideas you bring to the competition is your responsibility, and WETATi Academy and its agents are not legally liable. Note that your participation is direct, indirect, expressed, and implied consent and waiver of any kind of liability to WETATi Academy for the use of your images in WETATi Academy promotions.

COMPETE, AND YOU COULD WIN THESE 6 POINTS BENEFITS +

Seed funding for startup – CASH PRIZES
Mentorship from the WETATi Academy Entrepreneurship Center
Capacity building with strategic partners
Access to capital (Connections to banks; loans, resources)
Learn Canvas Training with your idea: Preparing contestants on how to prepare to PITCH THEIR BUSINESS IDEAS. Training dates to be announced!

KEY STEPS TO COMPETE: Read the REQUIREMENTS below. Complete and submit a REGISTRATION APPLICATION. Download the Business The Dureke iDEA Pitch PowerPoint Deck Template and complete with your business idea.  Refer to Business The Dureke iDEA Pitch Competition Guidelines when developing your Business iDEA Pitch Power Point Deck.  Please send all Business iDEA Pitch PowerPoint Decks to  joanna@wetati.org March 22, 2024 11:59PM. You may also share your files via email with Google Docs. Develop and practice your three (3) minute idea pitch.

COLLEGIATE  DUREKE iDEA PITCH COMPETITION REQUIREMENTS:

• Open to Collegiate Students & Young Adults .
• It does not matter when you formulated your ideas as long as you or your team own it and have the legal right to present. Whatever ideas you or your team bring to the competition is your responsibility, and WETATi Academy and its agents are not legally liable. Businesses that have been established for more than 24 months are ineligible for the competition.
• All contestants must complete the COMPETITION APPLICATION.
• Contestants MUST provide the name and email address of a current teacher to qualify for the appropriate membership level.
• Group/team business are permitted. Each team member must complete a membership and application form.
• All applicants/teams MUST submit the completed WETATi Academy business pitch deck. All slides must be included and addressed. See below the link for the Next Generation Competition templates. All Business Dureke iDEA Pitch Plans/Models content must be the applicant’s/team idea and owned 100% by the applicant. WETATi Academy is not responsible for Business Dureke iDEA Pitch Plans/Models owned in part or in total by persons other than the applicant or submission team. (Busines The Dureke iDEA Pitch PowerPoint Deck Template)  View/download Business The Dureke iDEA Pitch Competition Guidelines.
• Competition entries must be submitted online. (No hard copies will be accepted)
• Please send all Business Dureke iDEA Pitch PowerPoint Decks to  joanna@wetati.org by March 22, 2024 11:59PM. You may also share your files via email with Google Docs.
• IN ADDITION, A 30-SECOND TO ONE-MINUTE SAMPLE VIDEO PITCH OF YOUR BUSINESS IDEA SHOULD BE PREPARED. THE 30 – 60 SECOND VIDEO MUST BE sent to joanna@wetati.org by
  
  May 17th, 2024.

  . Applicants must share their video, business logo, and brief description of themselves and the business idea for  Dureke iDEA Pitch Choice Award Competition. 

• Once PowerPoint Decks and Sample Video Pitches are received and evaluated, applicants will be notified by email if they qualify to compete.
• To prepare to compete, finalists will carry out coaching and mentoring with branded corporations between April 9 and May 7, 2024.
• This year, the competition will be conducted LIVE virtually for the finalists.
• Finalists will have a total of 5 minutes — 3 minutes to present, and 3 minutes for the judges to judge.
• ANYONE WHO DOES NOT ADHERE STRICTLY TO THE RULES AND REGULATIONS OF THE COMPETITION WILL BE AUTOMATICALLY DISQUALIFIED.
• ONLY WETATi Academy AND ITS AGENTS WILL DETERMINE HOW THE COMPETITION IS RUN AND IS NOT OPEN TO THE DICTATES OF THE COMPETITORS OR OTHER OUTSIDE FORCES.
• THE COMPLETED WETATi Academy BUSINESS MODEL POWERPOINT presentation DECK submitted by the contestant REMAINS THE SOLE PROPERTY OF THE COMPETITOR; however, WETATi Academy retains the right without consultation with the applicant to use work products and contents therefrom to market/promote or use for the furtherance of WETATi Academy work.

Note that your participation is direct, indirect, expressed, and implied consent and waiver of any kind of liability to WETATi Academy for the use of your images in WETATi Academy promotions.

KEY DATES TO REMEMBER  

• Registration opens Friday, September 1, 2023
• Registration closes Thursday, February 29, 2024
• Preliminary Submission Dureke iDEA Pitch slide decks due: Friday, March 22, 2024 11:59 PM NO EXCEPTIONS
• Finalists announced: April 2, 2024
• Dureke iDEA Pitch competition coaching begins: April 9, 2023
• Dureke iDEA Pitch competition coaching ends: May 7, 2023
• Presentation training: Tentative, May 23, 2023
• Final Competitors Slide Deck Submission Due: May 31, 2024
• Dureke iDEA Pitch Competition: Virtual, Saturday, June 8, 2024
• Scholarship & Awards GALA, in-person: Saturday, June 15, 2024

• Final Date for Business  Dureke iDEA Pitch PowerPoint Deck Submissions:  May 31, 2024
  

  COMPLETE AND SUBMIT A COMPETITION REGISTRATION APPLICATION

  Potential competitors should first read this page in order to get a basic understanding of the Business  Dureke  iDEA PITCH Competition and then complete the Registration Application Form.  After the completed Registration Application Form is submitted, you will be returned to this page. The applicant should study and start working on the Competition Requirements right away.  Please email any questions to info@wetatiacademy.org.