Application deadline: Jan 15th - Award: $32,000

Event: Brown-Forman Cardinal Challenge

Application Deadline: January 15, 2020, at 11:59 p.m.

Award Amount: Teams will compete for more than $32,000 in cash prizes

Location: Louisville, Kentucky

Eligibility Criteria:

Student Involvement

The competition is for student-created, managed, and owned ventures. The guidelines are:

  • Students play a major role in conceiving the venture by having key management roles and owning significant equity in the venture.
  • Significant equity is 50 percent or more of the equity allocated to the management team and key advisors.
  • The objective of this rule is to exclude ventures formed and managed by non-students who have token student representation to compete in the investment circuit.

Team Composition

This is a competition for graduate students; teams with a minority of undergraduates can compete. Students from any graduate program (not just MBAs) are eligible to participate, including executive and evening format programs. Non-students may be members of the venture’s management team, and may participate in planning the venture. However, only students may participate in the competition.

Any team participating in an undergraduate competition, regardless of team re-configuration, is disqualified from the competition.

Student Enrollment

The competition is for students currently enrolled in graduate school. Executive or evening program formats are eligible in the next competition season following their graduation if they did not graduate on a traditional (month of May) graduation schedule.

Exceptions will be made for students who both formed their business venture for academic credit and graduated during the preceding summer and for students from universities south of the equator not having a traditional (month of May) graduation time frame.

Prior Activity

  • Ventures, and their base concepts may compete for only one season in the Cardinal Challenge competition. If your venture competed in any affiliated competition prior to the 2018-2019 academic year, you are not eligible to compete in the 2019 Cardinal Challenge. Ventures that have generated revenue or raised equity capital from sources other than the members of the student team before the current academic year are excluded.

Required Documents:

  • Business Plan
  • Executive Summary

Contact Info:

Fees: Check site

Stage of Your Company: Check site