Champion Of Champions
What is the EIBC Champion of Champions Final?
The Engineers in Business Competition Champion of Champions Final enables EIB-supported universities that ran an enterprise competition in the previous 12 months to enter teams into the final for a chance to win prizes.
Entrants are invited to present an innovative idea that solves a problem in society. This can be the idea entered into the university competition, or a new idea.
As with the university level competitions, teams entering the final must comprise engineers or be multi-disciplinary teams that include engineers. Individual entrants must be engineering students/engineers (computer sciences and biomedical engineers are included).
Read more from our most recent finalists:
PRIZES
Competitors have the chance to win the following prizes:
£16,000 Prize Pot
A share of a £16,000 prize pot broken down as:
£5,000 + Mentor
Enterprise Award
£3,000 + Mentor
Start-Up Business Winner
£1,500
Start-Up Business Runner-Up
£3,000 + Mentor
Big Ideas Winner
£1,500
Big Ideas Runner-Up
£1,000
People’s Vote: £500 Pre-Show | £500 Show
£1,000
Best Presentation
Mentoring
Mentoring by a Sainsbury Management Fellow for the first prize winning teams.
PROMOTION
Promotional support for the university winners.
CV package
A CV package from PurpleCV for all winners in the final. This will include a tailored CV, a cover letter to introduce the candidate to prospective employers and a LinkedIn profile. PurpleCV is also sponsoring the Best Presentation prize.
BOOK PRIZE
Each winning team receives a copy of Digital Innovation and Entrepreneurship by Professor Dick Whittington provided by Cambridge University Press.
HOW TO ENTER
The Champion of Champions Final is open to all teams and individuals who participated in their university business innovation competition, not just the university winners.
Entry Submission Requirements:
2023 competition is open for entries.
VIDEO
Video explaining the innovation – maximum length is 4 minutes.
POSTER
A2 poster promoting the innovation.
The three items that make up the entry (video, poster, Business Model Canvas) must be labelled as follows:
Computer file names for all items: University name, business idea/name
Labelling Poster and BMC:Include your university name, business idea/name, team leader’s name and email on these items.
The videos, Business Model Canvas and posters will be judged and 10 finalists will be short-listed.
Entry Category: State on your BMC which category of the competition you are entering – Big Ideas or Startup Business. Should the judges deem that your entry should be in a different category, you will be advised accordingly. Should you be notified that you have been selected as a finalist in a particular category, no changes can be made thereafter.
Big Ideas entries are conceptual ideas that may or may not become a business that trades. Startups are entries that will definitely become a business or are already on the journey to becoming a business.
Entry Submissions: Once the entry has been submitted via the website you will see a purple tick indicating that your submission has been received. If there are any problems, please email eibcompetition@eibc.org.uk
Whilst not mandatory, entrants are welcome to use prototypes or images of their innovation in their submission and at the Awards Presentation if short-listed.
To enter you’ll need a dedicated submission link – please contact us for your entry upload link.
OPEN FOR ENTRIES NOW!
The Champion of Champions Competition 2023 is open for entries. The closing date for the submission of entries is 4 September 2023 at midnight. Please read the entry requirements (above) carefully and submit everything requested at the same time and label your entry correctly. If you have any questions, please contact eibcompetition@eibc.org.uk
Judging Criteria
The judging criteria for selecting the finalists and the Champion of Champion winners are:
- Originality of the idea
- How the idea addresses a need in society
- Clearly defined target audiences and the benefits of the innovation
- Viability of the idea and how well this is communicated
- How effectively the business idea is presented in the entry materials and then at the Awards Ceremony if short-listed
You are not required to prepare a financial statement/budget.
Judging Finalists
The judges will select 10 entrants to go forward to the Awards Presentation in November 2023.
People’s Vote for Favourite Innovation
The 10 finalists’ videos will be displayed on this website in early September 2023.
The public can vote for their favourite innovation; each person may cast one vote. The prize will be awarded in two stages: a pre-awards presentation prize of £500 for the finalist who gains the most votes for their innovation on this website. A further £500 will be awarded to the finalist who gains the most votes for their innovation during the awards presentation. Competitors, get your supporters, far and wide, to vote for you! Voting will open on the website in early October 2021 (date to be confirmed) and close the day before the Awards Presentation (date to be confirmed) at midnight.
Awards Presentation
The Coaching and Awards Presentation Days will be held in London on 2 and 3 November 2023.
Each team will have six minutes to present their innovation and answer the judges’ questions (3 minutes to present, 3 minutes for Q&As). After the presentations, the judges will confer and announce the winners at the end of the event. Full details on how the event will be shared directly with the finalists prior to the awards presentation day.
Judging at Awards Presentation
The Judging Panel will be announced in September 2023.
You can watch the 2022 finalists pitch to become a Champion of Champions on YouTube.
HAVE A QUESTION?
If you have a question about the Champion of Champions competition or any aspect of the EIBC please visit our FAQs page or contact us.
Has your university signed up?
Is your university one of our partners? Could it benefit from our Engineers in Business Competition prize fund? Ask them to submit an application today.