What is Junior PioBiz? Who Can Compete?
Junior PioBiz is a 2-round Business Idea Competition for high school students that is jointly sponsored by Marietta College and the Marietta Community Foundation. The competition is open to all high school students in the Mid-Ohio Valley. (The Mid-Ohio Valley covers Wood, Wirt, Tyler, Roane, Pleasants, Ritchie, Jackson, Calhoun counties in West Virginia and Washington, Noble, Monroe, Morgan, Athens, Meigs, and Gallia counties in Ohio.)
Students may compete alone or in up to 4-member teams. All team members must be high school students. To apply, high school representatives (teachers, principals, others) must complete a brief application online by February 22, 2019.&
Highlights of the competition:
|Rounds||Competition Format||Application Deadline||Competition Day||Award|
|1. Problem/Solution||Entrepreneurship Fair||February 22, 2019||March 1, 2019||Top 6 teams receive certificates and cash awards and move to Round 2|
|2. Proof of Concept||Up to 5-minute presentation followed by 5 minute Q&A with judges||April 4, 2019||Top 3 teams receive certificates and cash awards, and free Marietta College classes|
Competition Day 1: Problem-Solution
In Round 1 of the competition, students must clearly identify and describe a problem that they propose to solve by creating a new for-profit or non-profit organization.
All business ideas must be appropriate for a college-sponsored competition. Marietta College may disqualify any entry that is inappropriate, in its judgment. Proposals to buy franchises or distribution centers of existing companies are not accepted.
On March 1, 2019, students will be provided a booth. They may use the booth to display the problem and the solution (via posters, pictures, digital displays, prototypes, etc.).
The top six winning teams in this round will be determined by the audience and judges. The judges will evaluate the proposed business ideas, in part, based on the degree to which they contribute toward the standard of living (by generating income and jobs, for example) and/or the quality of life (by improving the environment, for example) in the Mid-Ohio Valley. The award-winning teams will receive certificates and $50 in cash.
Competition Day 2: Proof of Concept
The Round 1 winners are invited to compete in Round 2 of the competition on Thursday, April 4 at 4:00 p.m. – 5:30 p.m. in Cooper Auditorium on the campus of Marietta College. In this round of the competition, students will be given up to 5 minutes to describe their business idea and provide evidence that their idea is feasible. For example, students may present the results of their research on the cost of producing their proposed goods and services. They may also provide evidence that they can sell the proposed goods and services at a given price. Providing a prototype is also an option.
The top three winning teams in this round of competition are determined by the audience and judges, and receive the following awards:
- First Place: Three free Marietta College 3-credit hour courses valued at $4,275.00 plus $200.00 in cash.
- Second Place: Two free Marietta College 3-credit hour courses valued at $2,850.00 plus $150.00 in cash.
- Third Place: One free Marietta College 3-credit hour course valued at $1,425.00 plus $50.00 in cash.
For more information, contact Dr. Jacqueline Khorassani, Director of Entrepreneurship Program at Marietta College at firstname.lastname@example.org