Social Innovation Competition 2023

Monday, November 13, 2023 1 p.m. to 3 p.m.

UCF Social Innovation Competition: Ignite Change & Win Cash Prizes!

Envision. Innovate. Impact.

Overview

Join UCF’s Social Innovation Competition, where we challenge YOU to develop solutions for society's most pressing problems. You can make a difference while earning fame and fortune! Be the spark that ignites change!

What is Social Innovation? 

Social innovation is the development and implementation of novel solutions to address complex societal challenges, creating positive change and improved well-being for communities. It's a blend of creativity, collaboration, and entrepreneurship resulting in initiatives that are sustainable, impactful, and inclusive. For instance, in education, a social innovation example is EdTech startups enriching learning experiences with AI and virtual reality. In homelessness, tiny home villages are emerging as community-built solutions offering safe, dignified housing. Regarding sustainability, urban rooftop farms are turning unused spaces into green food sources, promoting local, organic produce and biodiversity, and reducing carbon footprints (learn more and see additional examples here).

However, innovations do not create value unless they can be shared with others. To realize the potential of your solution, you must also describe how you intend to deliver it to others, who you intend to deliver it to, and revenue you intend to earn to pay for creating and providing your solution. Social enterprises often sustain their efforts with revenue earned by engaging in commercial activities, often with a dual goal of achieving both financial returns and creating positive social or environmental impacts (e.g., buy-one-donate one companies like Bombas socks). Additionally, they may secure funding through grants, donations, or investments that prioritize societal benefits alongside sustainable business practices. Thus, this competition requires consideration of who solutions will be delivered to and how revenue needed to sustain those deliveries can be earned. Thus, in addition to describing a solution to a problem, this competition asks you to consider how you will provide that solution to those who would benefit from your vision.

Social innovation is a call to action for aspiring change-makers dedicated to crafting a better future. We welcome ALL students from ALL disciplines to participate in this important innovation and entrepreneurship showcase event.

 Eligibility 

  • Open to all UCF undergrad and grad students from 2023-2024.
  • Individual or team submissions are welcome. One idea per team, one team per student.
  • Teams must have at least one key UCF student. Alumni and non-students can join but only UCF students may present.
  • Previous winners are not eligible. Step aside for new Knights!

Support for Participants

We offer information session, one-on-one expert mentoring, and a special orientation to all students who are interested in our innovation competitions held during Global Entrepreneurship Week (see Key Dates below). Create and build your idea on our amazing new startup platform called SlyngShot – use your @ucf.edu and our access code “unofceflge2023” to gain access – and share your idea with a unique URL you’ll get with each idea you create! You can further develop your ideas by scheduling a Blackstone LaunchPad mentor to refine your proposal.

 Key Dates 

  • Info Session #1: Oct. 23rd, 12-1pm in the Blackstone LaunchPad
  • Info Session #2: Oct. 24th, 4-5pm in the Blackstone LaunchPad
  • Deadline: Oct. 30th, 11:59pm
  • Finalists Announced: Nov. 6th
  • Orientation: Nov. 7th, 3-4pm in the Blackstone LaunchPad
  • Finals and Awards Reception: Nov. 13th, 3-5pm in BA1 135

 Event Flow 

  • 3:00 - Introductions and Kickoff
  • 3:15 – Presentations begin, 6 minutes to present and 4 minutes for Q&A
  • 4:20 – Judges Deliberate, reception begins
  • 4:40 – Winners announced, attendees applaud, pictures are taken!
  • 5:00 – Reception concludes

 Prizes 

  • 1st Place: $2,500
  • 2nd Place: $1,500
  • ️ 3rd Place: $1000

 How to Enter 

Enthusiastic competitors may complete an application by clicking the “Apply” button on this page, creating an account, and following the instructions on the application page. At any time during the application process, you may save your application and log back in to complete and submit your application.

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Location:

BA1 Room 135 [ View Website ]

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innovation social Entrepreneurs Competition UCF Knights