Heartland Challenge Startup Competition

Watch the 2022 Final Round

Watch the 2022 Fireside Chat with Jim Goetz & Steve Nelson

The Heartland Challenge is designed to simulate the process of raising venture capital for a high-growth venture. The competition allows students to gain valuable experience and networking opportunities, while developing new ventures that may be based on their own ideas/technologies or those developed by others.

The 2022 competition was held face to face in Bentonville, AR on April 14-16, 2022. 

 

CONGRATULATIONS TO OUR $100,000 FIRST PLACE WINNING TEAM, KLAW INDUSTRIES FROM SUNY- BINGHAMTOM!

KLAW logo

 

COMPETITION PRIZES & RESULTS: 

Overall

Elevator Pitch Competition

(audience vote)

Startup Expo Award

Cadron Capital Investor Roundtable

Awards*

 

 

 

 

  • 1st Place / KLAW Industries, SUNY-Binghamton / $100,000
  • 2nd Place / EpiSLS, University of Michigan / $25,000
  • 3rd Place / Beam Commerce, University of Waterloo / $10,000
  • 4th Place / CipherX Biotechnologies, University of Arkansas /  $5,000
  • 1st Place / Horizon Health Solutions, University of Arkansas / $3,000
  • 2nd Place / KLAW Industries, SUNY-Binghamton & CipherX Biotechnologies, U of A /  $2,000
  • $5,000 / Easy Flo, University of New Mexico
  • Three $3,000 awards / Beam Commerce, University of Waterloo & GammaVet, U of A & EpiSLS, University of Michigan

 *Thanks to a sponsorship from Cadron Capital Partners, we offered an optional Investor Roundtable supplement to the main competition for teams that would like to simulate an informal conversation with investors.

 

SPECIAL AWARDS:

Natural Capital Economic Impact Award

Atento Capital Grit Award

Arkansas Community Foundation Health Impact in Arkansas Award

Woman-Run by Wright Linsdsey Jennings

Delta Solar Innovation Award

$1,000 / Pareto, Stanford University

$3,000 / KLAW Industries, SUNY- Binghamton

$1,000 / Horizon Health Solutions, University of Arkansas

$1,500 / GammaVet, University of Arkansas

$2,000 / KLAW Industries, SUNY- Binghamton

 

PURPOSE OF THE CHALLENGE

‍The Heartland Challenge is designed to mimic the real-world process of raising capital for a high-growth venture. The competition allows students to gain valuable experience and networking opportunities, while developing and building new ventures and technologies or those developed by others.  The spirit of the competition is to allow only ventures conceived and developed during the graduate school experience to participate, but teams including undergraduates (including exceptional teams composed only of undergraduates) may apply and will be considered. Competition directors and faculty advisers are responsible for ensuring and attesting that their teams meet these requirements. The teams are also responsible for ensuring their own eligibility.

 

ELIGIBILITY

‍The competition is for student-created, managed, and owned ventures. Students must play a major role in conceiving the venture by having key management roles and owning significant equity in the venture (50 percent or more of the equity allocated to the management team and key advisers). The objective of this rule is to exclude ventures formed and managed by non-students who have token student representation to compete. Read the official competition rules and policies HERE.

 

TEAM COMPOSITION

This is a competition for graduate students; however, teams with a minority of undergraduate students can also compete. Exceptional undergraduate teams may also be considered. Students from any graduate program (not just MBAs) are eligible to participate, including executive and evening format programs. Non-students may be members of the venture's management team and may participate in planning the venture. However, only students may participate in the competition. Any team participating in an undergraduate competition, regardless of team re-configuration, is disqualified from the competition.  To sign up for updates on competition rules and requirements, please email Office of Entrepreneurship and Innovation Director of Student Programs, Deb Williams, at startup@uark.edu

The competition is overseen by the Office of Entrepreneurship and Innovation at the Sam M. Walton College of Business at the University of Arkansas in partnership with the Arkansas Capital Corporation, a community development finance company that is known for the success of its annual Arkansas Governor's Cup Collegiate Business Plan Competition.

Read the official competition rules and policies HERE.

 

2022 Heartland Challenge Program

DOWNLOAD THE 2022 HEARTLAND CHALLENGE PROGRAM HERE.

 

 

 

 

 

 

 

ENTER THE HEARTLAND CHALLENGE TEAMS & JUDGES PORTAL


 

WFF logoThe Heartland Challenge is made possible by generous support from the Walton Family Charitable Support Foundation. The Heartland Challenge is the first global student startup competition held in the state of Arkansas.

 


A special thanks to our 2022 sponsors who have invested in special awards and incredible experiences for our teams and judges!

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