e-Fest: A national platform for undergraduates to pitch and compete with business ideas.
Founded
2017
Location
Minneapolis, MN, US
e-Fest is a national platform founded to provide undergraduate students the opportunity to pitch and compete with their business ideas on a national stage. The core mission of e-Fest is to foster entrepreneurship among young innovators by offering a competitive environment where they can showcase their ideas. The organization hosts the Schulze Entrepreneurship Challenge, which includes multiple competitions with substantial cash prizes totaling $215,000. Additionally, e-Fest offers development grants and travel stipends to support participants and their educational institutions, emphasizing the growth and practical application of entrepreneurial skills.
Notable affiliated individuals include Richard M. Schulze, the founder of Best Buy, who supports the initiative through the Schulze Family Foundation. Key achievements of e-Fest include successfully hosting annual competitions that attract top student entrepreneurs from across the nation, providing significant financial support to help launch their ventures. The overall impact of e-Fest is evident in its role in nurturing the next generation of business leaders, fostering innovation, and creating a vibrant community of young entrepreneurs who benefit from networking opportunities and real-world business experience.