Deadline: 1 June 2018
Open to: both individuals and teams of students over the age of 18 from anywhere in the world
Award: the total value of all prizes is USD 10,000
The “Shark Tank of Wellness” competition is a unique global challenge in which three university students are rewarded for their most innovative, impactful ideas for the wellness industry.
They define the wellness industry broadly and are looking for innovations in sectors as varied as architecture/design, beauty, education, fitness, hospitality, investment, medicine, nutrition, real estate, spa, technology, travel, tourism, and more. Students are to submit a concept submission form detailing their idea, as well as a short 1-2 minute video presentation of their idea. The wellness industry is currently valued at over USD 3.7 trillion, thus providing ample opportunity for people with great ideas!
The top three finalists will be flown, along with their professors, to the annual Global Wellness Summit (GWS) held October 6-8, 2018 at the Technogym Village in Cesena, Italy. Here, they will present their business idea to the attending Summit delegates — a “who’s who” in the global wellness world. Several business leaders will act as “Wellness Sharks” and ask questions of the students, who will defend their innovation and make a business case for its feasibility.
- The competition is open to both individuals and teams of students over the age of 18 from anywhere in the world;
- There is no entry fee;
- The contestant(s) must be an undergraduate student (working towards a one or two year diploma, a four year Bachelor’s degree or a Vocational Education and Training (VET) qualification) or a graduate/post-graduate student (working towards a masters, MBA, JD, MD, or PhD degree) in a university or college of distinction at the time they develop and submit their concept;
- The contestant(s) must be either a full-time or part-time student at the university or college, and must have a professor or faculty advisor who serves as a mentor for their project;
- If a team is chosen as one of the top three finalists, the team leader will be flown to Italy along with his/her professor or faculty advisor.
First Prize: One (1) first-prize winner will receive USD 5,000;
Second Prize: One (1) second-prize winner will receive USD 3,000;
Third Prize: One (1) third-prize winner will receive USD 2,000.
The total value of all prizes is USD 10,000.
How to apply?
In order to apply, please fill the application.
For more information, please visit the official web page.