Venture Competition to Serve as Community, University 'Spark'

Posted: Updated:
(Image courtesy of the University of Notre Dame.) (Image courtesy of the University of Notre Dame.)
SOUTH BEND -

Entrepreneurs and startups in Elkhart, St. Joseph and Marshall counties can now take part in a University of Notre Dame-run competition. The McCloskey New Venture Competition, which was previously only open to entries within the Notre Dame community, features competitors vying for more than $200,000 in winnings. Director Karen Slaggert says the competition, held at Notre Dame's IDEA Center innovation hub, helps set participants up for success.

In an interview with Inside INdiana Business, Slaggert says a key component is the connections created between the community and the university. "So many of these companies when they enter the competition -- I've seen this happen over and over again with our alumni and our faculty and our students -- it began to take shape from just being an idea to actually forming a community startup that could be employing people in this region. More than anything we want people to start seeing themselves as possibly being inventors, founders, and give them this sense of 'I can do this,'" she said. Slaggert adds the center hopes to involve Notre Dame students who will engage with the community-based competitors. "We offer to do that for all of our alumni teams and our faculty teams and that has been incredibly helpful in the past," she said. "They might be able to make much more traction than they would have trying to do it on their own."

Applications are being accepted through November 27. Best Notre Dame Venture and Best Community Venture winners will receive $50,000 and prizes will be awarded in additional categories including Greatest Social Impact, Best Undergraduate Student Venture, Best Graduate Student Venture, Best Female-Led Venture and Best Minority-Led Venture.

You can connect to more about the McCloskey New Venture Competition, formerly the McCloskey Business Plan Competition, by clicking here.

In an interview with Inside INdiana Business, McCloskey New Venture Competition Director Karen Slaggert says a key component is the connection created between the community and the university.
  • Perspectives

    • Look What's Coming: Tax Reform!

      President Trump and Congress are focused on completing a tax bill prior to year-end. Unfortunately, their timing may require quick action to implement a tax strategy in 2017 that can take advantage of the 2018 changes. What's a taxpayer to do?

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Pacers Set For 'Major' Esports Announcement

      Pacers Sports & Entertainment is planning to Tuesday make what it calls a major announcement regarding the NBA 2K League. The organization is one of 17 NBA teams taking part in the inaugural season of the esports league, which is set to kick off in 2018.

    • Minnesota Company Planning $62M Fort Wayne Investment

      Plans for a nearly $62 million private, mixed-use development have been announced for the Fort Wayne riverfront. The seven-story project will be located next to Promenade Park, which is currently under construction and is one of the signature pieces of the downtown resurgence. Plans from Minnesota-based Continental Property Group include 150 apartments, 20,000 square-feet of retail space and more than 1,000 parking spaces.

    • Anderson Losing 'The Nile'

      A Mediterranean restaurant in Anderson that has been around almost 30 years is closing. In a message on Facebook, the owners of The Nile say they will close "for good" December 23. The restaurant, which is run by Angele and Samir Naby opened in 1990, and bills itself as offering "A Journey of Taste." The message from the Nabys reads...

    • Hundreds of Jobs Planned in Indianapolis

      Delaware-based Sallie Mae (Nasdaq: SLM) is again growing its Indianapolis footprint. The company, which announced a nearly $16 million expansion mid-last year, says it will invest nearly $12 million and add 350 jobs within three years. The newest job commitment, the student loan provider says, will be "over and above" the nearly 280 it pledged last year. In an agreement published by the Indiana Economic Development Corp., Sallie Mae says...

    • The Human Side of Digital Transformation: Dealing With The Monkeys in Your Brain

      "It's not the strongest of the species that survives nor the most intelligent that survives. It's the most adaptable to change," said Charles Darwin. Throughout digital transformation discussions with executives (in and outside of IT), one of the most common conversations is the complexity and challenge surrounding change. Bottom line, change is hard, requires knowing yourself and embracing differences to continue growing your business. Are you ready?