The Tiger Cage
TIGER CAGE is an annual competition to discover and reward the best early stage products, services or business concepts that emerge from Auburn University students.
- If you have a fantastic idea for a business, and are looking for an opportunity to advance it, this program is designed for you. You will have the opportunity to develop your concept and pitch it to a seasoned group of judges, and potentially win prizes that will help jumpstart your business. Students will compete for a share of a prize pool up to $50,000 and other services.
- Teams that advance will have access to mentorship from the Auburn community of business talent and successful entrepreneurs.
Tiger Cage Idea Submission deadline: November 28thbefore 11:59 p.m. via an online application process. The system will open on October 31th. Register at https://auburn.startuptree.co/. An independent panel of judges will review the submissions and select the top 20 teams to advance to the quarterfinal round.
- A 250-word (max) summary of your business idea: This will be used to introduce the judges to your business concept. Clearly state the problem, your solution and market opportunity.
- A one-page Business Model Canvas that describes how your business idea would be executed. The template is provided. See the following for details: https://strategyzer.com/canvas/business-model-canvas.
- Three slides presenting your business idea to a panel of venture capitalists, entrepreneurs and experts who are experienced in business development and funding that allows them to see the novelty and the market potential of your idea.
Workshops and Training
- October 18 – 5 p.m. Lowder 009 - Business Model Canvas / Customer Discovery
- November 1 – 5 p.m. Lowder 009 - Understanding your Intellectual Property
Tiger Cage Quarterfinal Round – February 2, 2018
Each of the top 20 teams selected from the online submissions will deliver a business plan pitch to a group of judges with significant experience in business formation and funding. The presentation environment will be designed to simulate a typical pitch to a venture capital firm. Teams should prepare a PowerPoint presentation (must be PC-compatible).
- Each team will have up to 10 minutes (5 minutes presentation / 5 minutes questions from judges)
- Judges will select the top 8 teams to advance to the Tiger Cage Semi-finals
Tiger Cage Semi-Final Round – March 2, 2018
- Judges will select the top 4 teams to advance to the Tiger Cage Finals (5th - 8th to win awards)
Tiger Cage Finals @ The Entrepreneurship Summit – April 6, 2018
- This is a public event held at The Hotel at Auburn University and Dixon Conference Center.
- Grand prizes: 1st Place - $25,000, 2nd Place - $10,000, 3rd Place - $6,000, 4th Place - $4,000
- People’s Choice Award - $1,000
Eligibility and Guidelines
- Individuals and teams of up to 6 Auburn students are eligible to enter. This is a contest for Auburn undergraduate and graduate students, including campus and online. Auburn students enrolled in Fall 2017 from any school, college, or academic department can participate (students planning to graduate at the end of Fall 2017 may participate).
- Teams must be led by an active student, but recent Auburn University alumni are allowed to join teams.
- It is strongly encouraged that teams are inter-disciplinary and consist of a minimum of three members.
- Teams that have received prior outside investment from venture capital firms, private investors or industry sources are NOT eligible to compete.
- Previous Tiger Cage finalists are not eligible to compete.
- Students may only participate on one submission.
- All entry materials will be treated as company confidential. The only persons with access to the entry materials will be judges and members of the organizing committee. No other or special provisions are made to protect intellectual property.
- Award money will be granted only to seed the start-up of the submitted idea and will be paid out in stages according to mutually agreed upon milestones. No substitutions are allowed without the approval of the Lowder Center for Family Business and Entrepreneurship directors.
- The Raymond J. Harbert College of Business reserves the right to disqualify, in its sole discretion, any team from the competition at any time for any reasons. Reason for disqualifications may include, but are not limited to, plagiarism and any other form of academic dishonesty, misrepresentation, misappropriation or infringement of the intellectual property of others, and any failure to comply with these rules and regulations. Disqualified teams shall forfeit any and all prizes awarded to them.
Dr. LaKami Baker, Managing Director, Lowder Center for Family Business and Entrepreneurship email@example.com;
Come visit us at the Tiger Cage Accelerator and Incubator, Auburn Research Park, 570 Devall Drive, Suite 103.
Co-working space and conference room available.