All teams in the final round of the 2019-2020 Big Ideas Contest are required to submit both a written proposal and a short application video. Please carefully read all of the information contained on this webpage. Any applications that do not adhere to the requirements outlined below for both the written proposal and application video will be deemed ineligible.
All finalist teams are required to submit a short application video between 60 and 90 seconds. This is the first year Big Ideas has required an application video, thus we are utilizing the Y-Combinator Application Video model. This format requires that teams speak directly to the camera, leaving out all production aspects (such as music, effects, images, slides, “post-production wizardry,” etc.) This is not a video making contest and no fancy editing is necessary (or desirable). We just want to hear directly from the student team members about their project in a very straightforward, clear and concise manner.
The video is an opportunity for teams to introduce themselves, explain what they are doing and why, and detail anything else they want judges to know about the team or the project. Applicants should carefully review the Y-Combinator Application Video instructions for tips and examples, some of which are outlined as follow:
Videos should be uploaded to YouTube and the URL included in the application platform along with the written proposal (by March 13, 2020.)
Finalist teams will have the opportunity to develop and refine their pre-proposals into full proposals due on Wednesday, March 6th, 2019. In the full proposal, finalists will expand on the ideas presented in their pre-proposals, edit their proposals based on judges’ feedback, and have the opportunity to refine their project ideas through collaboration with a Big Ideas mentor.
Finalists are instructed to submit full proposals no more than 8 pages in length, single-spaced (including the required budget and implementation timeline, but not references or appendices). Big Ideas recommends the format below to ensure applicants include the required proposal elements, however, students are allowed to modify the order and presentation of the information as needed to tell their story. The basic required components are as follows:
This section includes a clear description and background information on the identified problem. An effective problem statement is thoroughly researched, shows a deep understanding of the issue, and builds a strong case to support why the project is needed. This includes but is not limited to: research/statistics on the problem, and/or research/statistics about the target community or market.
This section is an overview of any existing services, programs, interventions, or products that have been designed or implemented to address this problem. Where applicable, applicants should discuss the limitations of these approaches, the gaps that still exist, and present research on what has been done in the past and where those solutions fell short.
This section includes a summary of the innovative project (e.g. program, service, good, etc.) how it works, and its intended impact. This is the “nuts and bolts” portion of the proposal and focuses on what the project will look like in its 1st year of implementation. It briefly explains any implementation challenges that may arise and how they will be addressed. It may note (but does not focus on) whether the project intends to scale up or expand in future years.
The timeline describes the key next steps for implementing the idea for the 1st year only. Big Ideas awards will be disbursed in June/July 2020. Therefore, for the purposes of this Contest, the 1st year is defined as June 2020-June 2021. Teams may mention work conducted prior to or following this 1-year timeframe in order to convey the broader context or vision for the project — but it should not be considered in their scoring.
Teams should include information about how they will monitor or measure the impact or success of their project throughout the 1st year of implementation (June 2020-June 2021). This does not need to be a formal monitoring and evaluation plan, but can take the form of metrics and methods to make sure they can track their progress.
Includes both expected costs and revenue for the 1st year of the project (June 2020-June 2021).
Note: The average Big Ideas award is approximately $5,000 and proposals should not request more than $10,000 from Big Ideas. The requested amount form Big Ideas is typically seen in the “Funding Gap” section of the budget template we have suggested for use. Teams may also include any plans to leverage additional funding sources, if appropriate.
A list of key project team members with brief biographies that explain the capability of the team to pursue their idea.
List the name of the original project, the year it received a Big Ideas award, and a quick description of the original project idea. Report on project progress since the time of the original award, and detail any milestones and accomplishments (e.g. number of people reached, products delivered, partnerships developed, additional funding secured, registering as a formal entity, employees hired, or social impact). Include key lessons learned and best practices, and if applicable, pivots or strategy revisions.
Entries will be judged according to the criteria below.
Viability (40%): Given the project description and the team members’ expertise, skills, training, the team will likely be able to meet their proposed goals. (Please keep in mind that we asked teams to explain how their project would look and consider implementation in only the 1st year of their project.) For example:
Community or Market Familiarity (15%): The team demonstrates a great deal of familiarity with the market or community they plan to enter (either through research, professional, or volunteer experience). The proposal discusses similar programs, projects, or products that currently exist (especially with regard to the target population), the issues that have emerged with those other initiatives, and specifically how their project compares. The proposal demonstrates that the applicants have given sufficient consideration to the cultural, ethical, and legal implications of their proposed intervention.
Potential for Impact (15%):The proposed project addresses a pressing and important social problem. The team provides the reviewer with sufficient statistics and research to understand the problem, and makes a clear and compelling case that their project addresses this need.
Realistic Budget (10%): The proposal includes a thorough and realistic budget that outlines all relevant expected expenses and revenue for the project’s 1st year. The budget demonstrates that the applicants have given sufficient consideration to necessary supplies, equipment, travel expenses, etc. The funding requested from Big Ideas is no greater than $10,000. If the projects’ expenses are greater than $10,000 total, the team has a reasonable plan to raise additional funds (e.g., the team has plans to submit additional grant applications, fundraise, etc.)
Measuring Success (10%): The proposal demonstrates a viable plan for measuring success in achieving the project’s goals. The exact measurement tools (e.g. survey instruments) need not be developed at this stage, but the proposal should explain what will be measured, when/how it will be measured, and justify how those measurements lead to the achievement of the team’s desired impact.
Quality and Creativity (10%): The project is innovative, the overall merit of this idea is high, and this is an idea worth funding.