2021 Hollomon Health Innovation Challenge
Description

The 2021 Hollomon Health Innovation Challenge is an exciting extracurricular competition that gives students the opportunity to come up with meaningful solutions to big problems the world faces today related to human health. The competition is open to undergrads and grad students at accredited colleges and universities across the Cascadia Corridor – Washington, Oregon, Idaho, and British Columbia, as well as Alaska.

For more information visit the website at hic.washington.edu

Why Should Students Participate?

- You will find out what it takes to bring a new idea to the world
- Prototype funding is available for demonstration models.
- Top-level professionals from the community will mentor you.
- Work with an interdisciplinary team.
- Prepare yourself for an impact career.
- Win prizes worth up to $15,000.

Top Teams participate in the Hollomon Health Innovation Challenge Final Event on March 3, 2021, where they will pitch their ideas, demo their prototypes, and respond to judge questions.

Rules

What is needed to enter the Hollomon Health Innovation Challenge?

Optional
Prototype funding application (Deadline December 7th; Please go here and look under "Prototype Funding" for more information).

All Entrants
- Register your team 

- 5-7 page Business Summary (ENTRY DEADLINE Monday February 1, 2021 @ Noon)

Top Teams chosen to come to the Final Event

- Virtual Resource Night for Finalist Teams | Tuesday, February 16, 2021 (Attendance is mandatory for all teams)

- Pitch Workshop for Finalist Teams | Thursday February 18, 2021  (Attendance is mandatory for all teams)

- 1-page business summary and Demo Videos (Due Thursday, February 25, 2021)

- Attend Pre-Event Keynote and Networking Night (Tuesday, March 2, 2021)

- Pitch and present demo/prototype at the HIC Final Round (Wednesday, March 3, 2021)

Confidentiality
Your submission into the competition is distributed to a large group of community professionals who act as judges.

We strongly encourage any team with concerns regarding intellectual property such as patent or copyright potential to either contact their University’s intellectual property office (for University-developed discoveries) or competent legal counsel (for non-University related discoveries) before submitting their proposal into the competition.

The University of Washington, the Buerk Center for Entrepreneurship, the Foster School of Business, and the organizers of the competition are not responsible for any proprietary information and/or intellectual property included in a submitted business summary.

Ultimately, protection of sensitive materials is the sole responsibility of the individual or team participating in the competition.

Photo and Video Disclaimer

By attending Buerk Center for Entrepreneurship events in-person, online, or otherwise—participants grant the Buerk Center permission to the rights of their image, likeness, and recorded voice, without payment or consideration, for non-commercial use. Participants must understand that there is no time limit on the validity of this release, nor are there any geographic limitations on where these materials may be distributed. Students, judges, mentors, and all other related parties to events may request photos for use following the event in question. Requests will be handled on a case-by-case basis. Attribution/Courtesy must be included with all photo/video use. The Buerk Center retains the right to request photos/videos be removed from third-party websites, distributed materials, and/or similar media. University of Washington licensing and other media-related policies related to the UW Brand can be found at https://www.washington.edu/brand/

Rules
Teams entering must have at least one full-time or part-time student on the team who is enrolled in a degree-seeking program at an accredited college or university in the Cascadia Corridor - Washington, Oregon, Idaho, and British Columbia, as well as Alaska. If you graduated the summer quarter prior to the year of the competition or later, you are considered a current student in the competition. Furthermore, taking the impact of COVID-19 into consideration, students who have deferred an academic term during the 2020-2021 academic year may still be eligible. Please contact us to discuss your eligibility.

The competition entry must be developed during the student’s tenure at the college or university. Students working with outside entrepreneurs must create their own original business plan and have responsibility for their own portion of the business.

All submissions to the Hollomon Health Innovation Challenge must live up to the higher ideals of the University of Washington. The team’s idea must be appropriate for a university-sponsored event. The Buerk Center for Entrepreneurship reserves the right to disqualify any entry that is its judgment violates the letter or the spirit of the competition or exceeds the bounds of social convention.

If the team or company entering the competition is revenue positive, actual annual revenue cannot exceed $500k. (Please note this is different than the company’s projected revenue. This rule does not apply to projected revenue.)

Eligible students can form a team with non-students, but for the sake of this competition, non-students will be considered as advisors.
Students must have an ownership stake in the business or the potential for equity or employment.

Only student team members are eligible to earn prize money. No payments will be made to non-students.

Note: The Director of the Buerk Center for Entrepreneurship reserves the right to make the final determination of the eligibility of submitted business ventures.

Event Photos
Event Videos