Students encouraged to register for 2021-22 Tiger Cage Business Idea Competition

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Entrepreneurial-minded learners searching to protected early-stage seed funding are encouraged to register for Auburn University’s annual Tiger Cage Company Idea Competitors.

The program—which kicks off with ability-building workshops this semester and concludes in the spring with several rounds of pitch competitions ahead of field specialist judges—allows college student teams to contend for a share of $50,000 in startup funds, sponsored by the Harbert Higher education of Organization, and a $4,000 innovation award sponsored by the Thomas Walter Middle for Technology Management.

“Business concepts have a product or service or company, and engineers are the people today that generate items and often the critical components of a company,” claimed Auburn University Director of Entrepreneurship Strategy Lou Bifano. “Anyone who is interested in sharpening their competencies in developing a company thought, writing an straightforward-to-understand summary, then pitching that concept to both obtain acceptance from buyers or superiors is inspired to take part.”

The 2021-22 Tiger Cage kicks off with a pair of recruitment and facts situations, Friday, Sept. 3 at 5 p.m. inside Horton-Hardgrave Hall’s Innovation Lab, and Sept. 10 at 5 p.m. at the Auburn University New Venture Accelerator.

“At the kickoff activities, potential teams will study about the competitions, formats, what their purposes need to have to involve and the program’s timetable for the yr,” Bifano extra. “We’re heading to have further workshops this year to enable the pupils be more aggressive.”

Tiger Cage registration deadline is Nov. 19. Bifano expects about 30 to 40 programs, which will be vetted and whittled to 20 prior to January’s pitch competitiveness rounds begin.

Tiger Cage quarterfinals will be Jan. 28, with semifinals on Feb. 25. Sector qualified judges will pick out the last four groups to compete in the March 25 Tiger Cage finals.

Groups fascinated are also invited to take part in the Oct. 29 Halloween Pitch Level of competition, which serves as a heat-up to Tiger Cage, and places $5,000 in seed funding up for grabs.

“This gives teams a prospect to get a actual experience for pitching prior to seasoned judges ahead of they are propelled into the Tiger Cage,” Bifano reported.

College students interested in taking part in this year’s Tiger Cage Business enterprise Idea Level of competition are encouraged to get hold of Lou Bifano at loubifano@auburn.edu.