This annual competition draws entries from alumni, faculty, staff, undergraduate students, and graduate students from all ten schools across the university. Teams compete for prizes and in-kind services totaling more than $100,000 in three tracks:
New ventures or businesses geared towards creating value in the private high-technology or other sectors not classified as Life Sciences or Social Entrepreneurship.
Businesses with a mission to create and sustain social value. Businesses that benefit society and promote active citizenship. A significant part of the venture is dedicated to one or more of the following: creating a positive social impact, improving living conditions, upward economics or social mobility, or environmental impact. Social Ventures can be not-for-profit, for-profit or hybrid.
Businesses with a focus on medical, health, and wellness topics. This includes Dental, Veterinary, Biomedical, and Nutrition-focused businesses.
Stay tuned for the application once it’s live!
If you have questions, please contact Carol Denning, Program Administrator, Tufts Entrepreneurship Center.
Applicants to the Tufts $100k New Ventures Competition must have actively participating executive or founding team members in major roles who are one, or more, of the following:
Non-Tufts team members: Non-Tufts team members may be part of the venture’s management team and may participate in planning the venture. However, the Tufts team member(s) are expected to:
Applicants are only allowed to move into the final $100k Competition on 1 team. Applicants can be on multiple teams up to the semi-final stage, but can only move into the finals on 1 team.
Winners should contact Tufts Entrepreneurship Center to claim their prize. Winners must claim their prize within 6 months of the competition. If a team is unable to collect within 6 months of the competition, a formal request for an extension must be approved. Approval will be on a case by case basis. Prize money can only be awarded to legal, for-profit entities and are not payable to an individual or sole proprietorship. Prize money is for startup and operating costs and cannot be used for personal expenses.
Tufts Entrepreneurship Center
Visit us at Tufts Entrepreneurship Center, CLIC Building, 574 Boston Ave, Suite 102.