The Carleton Nicol Challenge is an ideas competition designed to encourage the entire Carleton student body to think entrepreneurially and find innovative solutions to real-world problems. The purpose of the competition is to enable entrepreneurial problem solving and to foster and reward cross discipline creativity among Carleton Students, building the next generation of entrepreneurs.
So if you are a big thinker, or a problem solver, or you like to brainstorm and find new ideas, and new paths to solutions, then this is the right competition for you. The 2011Carleton Nicol Challenge allows you to lend your skills, education, imagination, creativity and knowledge to make the world a better place.
First, define a problem or challenge that exists today. You have the chance to define on how you want to make the world a better place. This year we’re asking you to focus on areas that relate to Carleton’s strategic research areas: sustainability, health, digital media, and/or globalization.
Second, find an innovative idea that addresses the problem or challenge. Once you’ve defined a problem, it’s time to use your entrepreneurial creativity to propose a solution. The sky’s the limit.
Third, communicate your ideas. You’ve defined a problem, proposed a solution – now just make sure to submit your ideas in a short report. In this challenge, good ideas are worth much more then a dime a dozen…much much more. Judges will evaluate the submissions announce a first round of winners. These finalists will present their ideas in front of a panel of judges where the second runner up, first runner up and grand prize winner will be announced.
Other ways to get involved: Have ideas but not interested in entering the challenge for the chance to win thousands of dollars? Share your problems, solutions, ideas, thoughts etc. on the site’s blog. Or the Nicol Challenge Facebook page. Or start a linkedin discussion. Or tweet it with a #Nicol2011 tag. You have something to say, we’re listening. Welcome to a community of problem solvers.
Up to 20 submissions will be awarded, with a minimum prize of $500 and a maxium prize of $5,000.