Applications call for 2020 Shark Tank of Wellness Global Student Competition

Summary

It is a unique global challenge that rewards students for their most innovative, impactful ideas for the wellness industry. Basically, the competition defines the wellness industry broadly and is looking for innovations in sectors as varied as architecture/design, beauty, education, fitness, hospitality, investment, medicine, nutrition, real estate, spa, technology, travel, tourism and more. Moreover, students must submit a concept submission form detailing their idea and a 1–to 2-minute video presentation of their idea. The current value of the wellness industry is over $4.5 trillion, thus providing ample opportunity for students with great ideas.

Prizes 

• First Prize: the First-prize winner will receive a cash prize of US$5,000.
• Second Prize: Second-prize winner will receive a cash prize of US$3,000.
• Third Prize: Third-prize winner will receive a cash prize of US$2,000.

Eligibilities

• The Shark Tank of Wellness Global Student Competition is open to both individual students and teams of students over the age of 18 from anywhere in the world.
• There is no entry fee. But however, If participating as a team and the team is chosen as one of the top three finalists, only the team leader will be eligible to attend the Global Wellness Summit with their professor.
• The participant(s) must be an undergraduate student (working toward a one- or two-year diploma, a four-year Bachelor’s degree, or a Vocational Education and Training (VET) qualification) or a graduate/postgraduate student (working toward a Master’s, MBA, JD, MD or Ph.D. degree) in a university or college of distinction at the time they develop and submit their concept.
• The contestants must be either a full-time or part-time student at the university or college. Similarly, the contestant must have a professor or faculty advisor who serves as a mentor for their project.
• Furthermore, all contestants must be available to attend the Global Wellness Summit, November 10–13, 2020, in Tel Aviv, Israel, to present their idea in person.

Selection Criteria

Judge panel will evaluate and judge the entries depending on the following criteria

• Project innovation.
• Visual appeal or design.
• Relevance as well as importance to the wellness industry.
• Viability as a business (customer/market analysis and competitors).
• Quality of the project presentation.

Judges’ decisions are final and cannot be altered or changed.

For more information about the application process and rules, visit this link.