Phases of the Innovate Children's Health Challenge II
  • Phase 0: Enter the Challenge: Enroll a team here! Submit your invention here!
  • Phase 1: Elevator Speech: Teams develop a 2-min. elevator speech via recorded video and a 350-word executive summary outlining potential commercial product(s) and company vision. Semi-finalists advance to Phase 2
  • Phase 2: Business Plan: Teams develop a 10-page business plan with a detailed financial plan and a 5-min. virtual pitch (webinar) with Q&A to an expert panel of judges. Winners receive a $2000 award and advance to Phase 3
  • Phase 3: Start-up: Winners advance ideas, launch startups, apply for licenses, and raise funding
Key Dates
Team Eligibility and Guidelines
  • No Minimum Team Size: Enter with teammates or as an individual. We will help you to build a strong team.
  • Your Background: All you need to enter is an entrepreneurial spirit! We will teach you what you need to know.
  • No Geography Restrictions: The Innovate Children's Health Challenge II is global! Participants can come from anywhere in the world.
Deliverables Per Phase
Phase 0: Enter the Challenge
  1. Enroll a Team! To enroll a team, submit a Letter of Intent here. Once enrolled, select a de-risked invention from our list to advance, enter with your own invention, or get matched to an invention based on your interests.
  2. Submit Your Idea! Submit your invention to improve children's mental health here.

Phase 1: Elevator Speech
  1. 2-minute elevator pitch in a recorded video, uploaded on our YouTube site here
  2. 350-word executive summary
  3. Public voting​

Phase 2: Business Plan
  1. Start-up company incorporation
  2. ​10-page business plan: 11pt font (depending on font type) - title, table of contents, and appendix should not be counted in the 10 pages (Word)
  3. Financial model: Profit & Loss w/ risk-adjusted NPV, Valuation, and Cap Table
  4. 5-minute virtual pitch: conducted like webinar -- not in-person -- to expert panel of judges; 5-10 minutes of Q&A
  5. 10-page pitch deck (maximum length is 10 pages PowerPoint or Prezi)
*appendices should be added and submitted with your business plan as a supplement, to be available on request from the judges
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Phase 3: Start-up
  1. Applications for the license
  2. Applications for dilutive/non-dilutive funding
  3. Management team selection