Wayne State University

Aim Higher

Warrior Fund

 

 

2016

 

ATTENTION: All Innovation Warriors/Blackstone LaunchPad Members

Innovation Warriors would like to extend an invitation for you and your venture to participate in our Warrior Fund Pitch Competition on Friday December 9th. This pitch competition is for Innovation Warriors that have also signed up for our Blackstone LaunchPad program, who have demonstrated venture maturity and are seeking pre-seed funds. The Warrior Fund can provide up to $5,000 in startup capital for scalable student, staff, faculty or alumni businesses.  This is a grant, not a loan. You do not have to give up equity or pay back the money if you receive this award.

Requirements:

  • Must be a WSU student, faculty, staff or Alumni.
  • Demonstrate thorough understanding of the business elements involved to get their product/service to market (market, competitors, customers, channels, sales, etc.)
  • Have a scalable venture that requires small initial funding to execute proof of concept, implementation or first customer.
  • Create an account in Innovation Warriors’ program, the Blackstone LaunchPad program, if you don’t have one already (http://wayne.thelaunchpad.org/
  • Video Submissions (1-minute pitch) - Host your video on a Youtube making it publicly accessible and email us the link at innovationwarriors@wayne.edu by Monday October 24th at 5pm.

First Round:

Video Submissions Due Monday October 24th at 5pm.

The video will be judged by the following:

  • Creativity
  • Delivery

Your video should have the following elements:

  • Name
  • Venture Name
  • What you do/Your mission?
  • What problem are you solving?
  • Who is your customer/Who you Serve?
  • How would $500 - $5,000 help you make a impact/move the needle?
  • Last but not least How are you an Innovation Warrior?

Semi-finalists announced Friday, October 28th at 5pm.

Second Round:

Coaching Sessions within the Innovation Warriors’ Blackstone LaunchPad entrepreneurship program.

  • Pitch prep – (10 - minute presentation)
  • Slide deck creation

Semi-Final Pitch - Friday November 18th at 11am  – 10 - minute pitch with slides to internal review board, Wayne State faculty and staff.

Third Round:

Continued Coacing Sessions within the Innovation Warriors’ Blackstone LaunchPad entrepreneurship program.

  • Pitch prep – (10 - minute presentation)
  • Slide deck creation

Final Pitch - Friday December 9th at 11am  – 10 - minute pitch with slides to judging panel comprised of outside investors!

If interested and want to learn more, please come in to the Innovation Warriors/Blackstone LaunchPad office as soon as possible for a Venture Assessment Meeting. To schedule a meeting, please contact us at innovationwarriors@wayne.edu or call the office at (313) 577-1533.