Winners of the Zahn Prize 2013 received $20,000 for product development, full access to the Zahn Center’s resources, and assistance to launch their product on a crowdfunding site like Kickstarter.
The Zahn Prize is an annual entrepreneurship competition for students, staff, faculty and alumni of City College that is sponsored by the Zahn Center. The prize aims to encourage participants to develop and implement their entrepreneurial ideas, and to understand how to incorporate lean startup principles as they develop their business idea.
The Zahn Prize will be accepting entries until December 2nd, 2013 and will announce the selection of 4 semi-finalist teams by December 13th, that will compete for the Grand Prize of $20,000. Each semi-finalist team will have a budget of $2,000 and a four months bootcamp to advance their business as much as possible, presenting their progress at a final gala held in April 2014.
This year the Zahn Prize will be closely linked with the Kaylie Prize. If the business idea requires building custom developed hardware, then it should be entered into the Kaylie Prize. If the idea does not involve custom developed hardware, then it is eligible for entry in the Zahn Prize.