2022-23 Creative Arts Competition Timeline and Application Process
This year’s competition will take place from October – April with supporting events and workshops before and during the competition period to help student arts entrepreneurs define and refine their business concepts.
After the application submission deadline on November 15, 2022, the Competition identifies a cohort of teams to receive mentorship from past prize winners, distinguished faculty, and MIT alumni, and access to exclusive workshops to help them hone their business models, connect to resources, and prepare to pitch. coordinated synchronous structure, involving cohort workshops, one-on-one mentorship, pitch critiques, and other learning experiences. In April, finalists are chosen by preliminary judges to present their venture to a live judging panel for a chance to win venture prizes.
October 13, 2022
Join us for this year’s Creative Arts Competition Kickoff, as applications for the 2022-23 Competition go LIVE! Get inspired with a fireside chat between recent Creative Arts Competition alum Anj Fayemi of Rivet and a world-class arts entrepreneur. Stay for delicious food, and opportunities to both find new collaborators for your venture and get advice and information about the Competition that will give you an edge.
Workshops and Creative Cafés
Throughout the Fall, workshops, events, and Creative Cafés are open to the public, allowing potential collaborators to meet each other and venture-build in advance of the November 15th application deadline.
Applications and Feedback
Deadline November 15th, 2022
Applications open in mid-October. Following submission, each team will receive individual feedback on their applications from a panel of reviewers. Once the application is released, please review it for further information about expectations, materials, etc.
December 2022 – February 2023
Student teams will be paired with mentors from the arts entrepreneurial community to refine their business plans and pitch. Through regular mentorship sessions, teams will learn how to pitch their venture in a way that is clear and compelling.
Late February 2023
Competitors submit an updated business plan and written presentation to a panel of judges from the arts entrepreneurship community. Judges will evaluate revised business plans and presentations to select a group of 6-8 teams to advance to the final competition.
Finalist Feedback and Pitch Critiques
Finalists further hone their pitches, presentations, and business plans through in-depth pitch critique sessions with guidance from artists, entrepreneurs, and experts in the field.
April 4, 2022
Finalists submit their completed business plans for pre-consideration by judges. Each team will then pitch live, presenting their venture plans to a panel of esteemed adjudicators. Following deliberation, a winner will be announced and the $15K prize will be awarded to the winning team.
Resources from previous years- Basics of Entrepreneurship Workshops Series
Workshop #1: Building your Value Proposition: Dr. Michael Camp, Ohio State University
Workshop #2: Building your Business Plan (For-profit): Carly Chase, MIT NYC Startup Studio
Workshop #3: Creating a Budget (Non profit): Julia Turnbull, MIT Legatum Center
Workshop #4: Creating a Budget (For-profit): Kit Hickey, Ministry of Supply
Workshop #5: Building your Business Plan (Non-profit): Miguel Rodriguez, Athlone Artists