Marquette University
Press Release

Marquette, Brady Corp. present 2014 Good Money Challenge

Social innovation contest will award $25,000 in seed money

By - Sep 10th, 2014 02:07 pm

MILWAUKEE – Marquette University’s Social Innovation Initiative, in partnership with Brady Corporation, is accepting applications for the 2014 Good Money Challenge, which will award $25,000 in seed money to enterprises or ideas with the potential to change the community.

Formerly known as the Midwest Social Innovation Start-up Challenge, the Good Money Challenge is free and open to the public – online applications will be accepted through Friday, Sept. 26. Ten finalists will present and pitch their ideas at a reception and awards event on Friday, Nov. 7.

Judges will evaluate project proposals, submissions and final pitches using five criteria: 1) clarity around the social problem, target population and the innovative approach; 2) demonstration of a high probability of success; 3) potential impact, including plans for implementation and growth; 4) economic feasibility and financial viability; and 5) ability to attack the root causes of the social problem.

The top three teams receive prize money – $14,000, $7,000 and $3,000, respectively. Additionally, an audience choice winner will receive $1,000. All winning teams will receive mentorship support from Brady Corporation.

Mentioned in This Press Release

Recent Press Releases by Marquette University

Marquette mechanical engineering professor honored for research excellence

Dr. John Borg has been at Marquette since 2002 and has worked to investigate how solid materials deform and flow.

Marquette professor leads development of first Wisconsin standards for computer science instruction in K-12 schools

The standards are expected to be approved by a majority of the state’s 447 school districts.

Leave a Reply

Your email address will not be published. Required fields are marked *