Guidelines Template
Event Name: What standard elements should be present?
Example: “Event names must follow the naming convention, ‘Madison County 2028 E-Challenge - <City Name>’
Time Frame: What restrictions do you have on when the events can occur? Be sure to consider preparation time for any finalist competition.
Physical Location: What restrictions do you have for where the events can occur? Are virtual events eligible?
Participant Eligibility: Age, residence, educational status (i.e. high school v. college), business status (revenue generating, concept stage, etc.)
Guidelines Example:
2021-2022 YEC Series Requirements & Important Dates
Communities hosting local-level entrepreneurship competitions may apply for a sanction to have their event be part of the “Youth Entrepreneurship Challenge Series” culminating in a statewide youth entrepreneurship competition (KEC). Community entrepreneurship competitions must meet certain guidelines in order to qualify as part of the Series and to be eligible to use E-Community grant funds* (see p. 3) to pay for part or all of the competition.
Important Dates
November 12, 2021 – Deadline for YEC Series online sanction applications due to NetWork Kansas
March 25, 2022 – Cut-off for sanctioned community entrepreneurship competitions to be held
March 31, 2022 – Executive Summaries for KEC State Championship Due to KSU
April 8, 2022 – KEC Finalists announced
April 28, 2022 – KEC State Championship
Requirements for all Events
Local entrepreneurship competitions must meet all of the following requirements in order to qualify as part of the Youth Entrepreneurship Challenge Series.
- The physical location of the competition must be in Kansas. If needed, competitions may go virtual.
- The participating students must reside in Kansas. (Any exceptions must be approved by NetWork Kansas in advance).
- The competition must be open to students enrolled in one or more grades between 9-12 or an equivalent. The competition may be open to others but at least one of these grades must be represented. Ex. 7-12th, 9-12th, 10th grade only, or 6-9th grades are all acceptable competition structures.
- The competition must include a written Executive Summary following the provided “Executive Summary Guidelines” and a 4-minute Presentation, which can be delivered in the tradeshow, or in a separate phase of competition. The competition may also include one or more of the following in-person components: elevator pitch, tradeshow, and/or other event.
- The competition must reserve at least one judging spot for an active member of the Kansas Masons. 6.) The competition should follow the Marketing Guide listed on VentureDash.
- Prizes are not mandatory, but competitions offering prizes must not exceed a total of $3,500 in prizes, and must not exceed $1,500 for first place, $1,250 for second place, and $1,000 for third place. No other prize should exceed $1,000. This cap does not include the $250 prize sponsored by the Kansas Masonic Foundation for the first place business, conditional upon participating in the KEC, and to be awarded after the KEC.
- The competition must apply for a sanction from NetWork Kansas, either by the deadline of November 12, 2021 or before the event is held, if an event occurs prior to November 12. Only events awarded a sanction by NetWork Kansas will be considered part of the YEC Series.
- The competition must take place between August 1, 2021 and March 25, 2022.
- The competition host must agree to pay a fee of $1,500 to NetWork Kansas if the event is awarded a sanction. If an E-Community organizes the event, the fee of $1,500 is waived for the 2021-2022 YEC Series as a benefit of the E-Community Partnership.
- A student may compete in only one local event per 2021-2022 YEC Series. A student may only submit one business concept per competition.
- Communities may only organize or participate in one local event per the 2021-2022 YEC Series, unless compelling reasons for more than one competition exist. Approval must be given by NetWork Kansas in advance.