School of Business and Economics

Be a Michigan Tech Entrepreneur

Have a great business or technology idea? Intrigued by the idea of starting a business? Don’t just get a job—create you own!

Through our New Venture and Bob Mark Memorial Elevator Pitch Competitions, Michigan Tech students of all majors have the opportunity to pitch their ideas for a chance at winning startup funding. And students who enter the contest mean business.

  • An electrical engineering student created a system for measuring levels of medications in a person’s bloodstream. His New Venture win allowed him to start marketing his product to physicians.
  • Would you want your mother to choose your dates? Neither did one of our physics PhD students, who won first-place in the Elevator Pitch Competition for his Indian dating website.
  • Two students won the New Venture Competition for their sustainable idea—a bicycle tube that eliminates flat tires. They are currently producing and selling the tires to bike commuters in rural Africa.

If you have the idea, we have the programs and resources to get you started and keep your ideas moving forward. So check out our business plan competitions, and get inventive.

New Venture Competition

Michigan Tech is collaborating with Central Michigan University in the 2015 New VentureCompetition.  Students from Michigan Tech and Central Michigan interested in starting companies are eligible to compete for $75,000 in cash prizes and to participate in a valuable networking opportunities.  The competition involves a series of training events and a full day competition where teams present their business plans to panels of judges composed of angel and venture investors and business professionals.  Past participants from Michigan Tech have gone on to build successful businesses, helped in part by the connections made through participating in the competition and, in some cases by the prize money awarded to the company.