IDEA JAM: Turn your dream into a reality

Please take a few minutes to enter your idea in the form below to turn your business idea into reality and for a chance to win cash prizes. Please check out Rules and FAQs listed below on this page and if you still have any questions, reach out to us at beaverlaunchbox@psu.edu .

Good luck!

Submit Your Idea!

Name: First Applicant(Required)
Name: Second Applicant (Optional)
Please share a short paragraph describing your idea in at least 50 words. You don’t need to have everything figured out —just help us understand the basic concept. You might include: What will your product look like? Who is it for? How will it work or stand out? What problem are you trying to solve? We’re excited to hear what you’re thinking!

Rules and FAQs

Eligibility:  Open to individuals aged 18 and older.  Participants must reside in Beaver, Lawrence, or Butler Counties.

Team Size: 1–2 members

Competition Criteria: Participants should be bold thinkers ready to develop and commit to bringing their idea to life. All submitted ideas will be carefully screened by a panel of judges based on:

    • Originality: How unique and innovative is the product or service being proposed?
    • Viability: How feasible is it to develop and implement the idea?
    • Desirability: How much demand or need is there for the proposed product or service?

Competition Process:

    • Round 1: All submitted ideas will undergo a thorough review based on the submission criteria.
    • Round 2: Selected ideas will be invited to participate in a sponsored no-cost idea design workshop. This workshop will help you further develop your ideas and prepare for your pitch to increase your chances to win.
    • Final Pitch Round: The most promising ideas will advance to the final round, where you’ll pitch your idea live to a panel of judges. All teams invited to pitch will get cash prizes to participate and will have an opportunity to win more cash to develop their idea further.

Frequently Asked Questions (FAQs):

I already have a business or a side-hustle, can I submit the idea of what I am already working on? Yes. You are welcome to submit the idea that is already in-progress. All ideas will be judged based on criteria mentioned in the rules section

How much money can I win? The competition has a total of $2000 to be given to the finalists. All finalists will be given cash to participate and can win more cash from judges in a shark-tank style competition. The amount of cash won will depend on your performance in the pitch competition.

Does the Launchbox sign a non-disclosure agreement to protect my idea? No. Most of the idea competitions do not provide non-disclosure agreement as the ideas are pitch in public events. The LaunchBox does not provide any non-disclosure intellectual property or protection guarantees for submitted ideas.