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Business and Economics

BIG Idea Competition

  • Last Updated: March 14, 2025

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  • Phone: (605) 698-7654
  • Contact: Currently Unavailable
  • Website
  • Small Business Development Center (SBDC)
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About the competition

The BIG Idea Competition is an entrepreneurship competition for high school students. It encourages young entrepreneurs to develop a business idea that addresses a real-world problem. Students submit their business ideas and compete for cash prizes and scholarships.

Comp Info

  • Estimated Ann. Participants: 1500
  • Cost: Free
  • Estimated Time Commitment: Light
  • Participant Format: Individual
  • Event Format: Online Asynchronous
  • Competition Format: Design, Original Submission
  • Reach: Regional
  • Event Size: Small

Participation Information

Students can participate by creating an account on the competition website and submitting their business ideas by the deadline (October 31).
Judging is based on creativity, feasibility, and the potential impact of the business idea.
$10,000 for 1st place, $7,500 for 2nd place, and $5,000 for 3rd place; trophies, and recognition
Students can participate by creating an account on the competition website and submitting their business ideas by the deadline (October 31).
1. Create an account on the BIG Idea website. 2. Develop a business idea to solve a problem. 3. Submit the business idea by October 31.
Access to online resources, brainstorming tools, and a computer with internet access for the submission process.
Judging is based on creativity, feasibility, and the potential impact of the business idea.

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