Innovate WithIN 2023-2024 Scholarship Offerings with Terms & Conditions

About Innovate WithIN

The Innovate WithIN Pitch Competition is the most elite high school pitch competition in the country, giving Hoosier students the opportunity to create their own business plans and showcase entrepreneurial ideas throughout the state. In addition to the opportunities listed, first place winners of the state competition will receive $25,000 in seed funding towards their business and $10,000 each in a 529 college savings account. All participants are eligible for college scholarships, internship opportunities, mentoring services, and more.  All participants who make it to Regionals are also invited to join the STARTedUP Alumni Association!

Incentive Overview

  • This level is offered to any student who signs up to participate in the Innovate WithIN program. Applications will open in September and will close February, 2024. This is available to all students who submit an application.

  • This level is offered to any student who is selected as one of the top 10 teams in each of the six regions to participate in the regional pitch competition in April.

  • This level is offered to any student who receives 1st place at any of the regional competitions and is selected to move on to pitch at State Finals in June.

  • This level is offered to any student who places during State Finals. The incentives and scholarships can vary based on which place the team receives (ie: first place could have different incentives from third place).

DePauw University

Thank you to DePauw University for offering scholarships to 2024 Innovate WithIN applicants! Please note the following:

  • Scholarships are not cumulative

  • Offerings are dependent on application and acceptance to the university

  • Minimum guaranteed merit scholarship: $10,000. Renewable for up to four years.

  • Minimum guaranteed merit scholarship: $20,000. Renewable for up to four years.

  • Minimum guaranteed merit scholarship: $30,000. Renewable for up to four years.

  • Minimum guaranteed merit scholarship: $40,000

    Students will also have the opportunity fr a virtual mentoring session with DePauw Alumnus, Jon Fortt, CNBC News Anchor.

    Renewable for up to four years.

Franklin College

Thank you to Franklin College for offering scholarships to 2024 Innovate WithIN applicants! Please note the following:

  • Scholarships are not cumulative

  • Offerings are dependent on application and acceptance to the university

  • Three (3) credit hours of transfer credit, replacing BUS 102 Development of the Entrepreneurial Skillset

  • Three (3) credit hours of transfer credit, replacing BUS 102 Development of the Entrepreneurial Skillset

  • Three (3) credit hours of transfer credit, replacing BUS 102 Development of the Entrepreneurial Skillset

Grace College

Thank you to Grace College for offering scholarships to 2024 Innovate WithIN applicants! Please note the following:

  • Scholarships are not cumulative

  • Scholarship amount includes all institutional aid

  • Offerings are dependent on application and acceptance to the university

  • $13,000 per year (renewable for up to four years)

  • $15,000 per year (renewable for up to four years)

  • $16,000 per year (renewable for up to four years)

  • $18,000 per year (renewable for up to four years)

IKORCC (Indiana-Kentucky-Ohio Regional Council of Carpenters)

Thank you to the IKORCC for offering incentives to 2024 Innovate WithIN applicants! Please note the following:

  • Offerings are on a first-come, first-serve basis

  • Offerings are dependent on application into the program

  • All Round One participants are invited to be part of any IKORCC Apprenticeship Program

Indiana Tech

Thank you to Indiana Tech for offering scholarships to 2024 Innovate WithIN applicants! Please note the following:

  • Scholarships are not cumulative

  • Offerings are dependent on application and acceptance to the university

  • $500 scholarship renewable for up to four years.

  • $1,000 scholarship renewable for up to four years.

  • $1,500 scholarship renewable for up to four years.

Indiana University Luddy School of Informatics, Computing, and Engineering (Bloomington and Indianapolis campuses)

Thank you to IU Luddy for offering scholarships to 2024 Innovate WithIN applicants! Please note the following:

  • Scholarships are not cumulative

  • All scholarships are in addition to other IU scholarships

  • Scholarships are only available for students who were a direct admit to IU Luddy School of Informatics, Computing and Engineering on either the Bloomington or Indianapolis campus

  • $1,000 non-renewable scholarship.

  • $1,000 scholarship renewable for up to four years.

  • $1,500 scholarship renewable for up to four years.

  • $2,500 scholarship renewable for up to four years.

Purdue University Fort Wayne

Thank you to PFW for offering scholarships to 2024 Innovate WithIN applicants! Please note the following:

  • Scholarships are not cumulative

  • All scholarships are in addition to other PFW scholarships

  • Offerings are dependent on application and acceptance to the university

  • $30 undergraduate admissions application fee waived for those who have not already paid.

    No refunds for application fees already paid.

  • $1,000 scholarship and a 60-meal plan for their first year.

  • $2,000 scholarship and a 60-meal plan for their first year.

  • $2,500 scholarship renewable for all four years and a 60-meal plan for four years.

Purdue University Northwest

Thank you to PNW and the Society of Innovators for offering scholarships to 2024 Innovate WithIN applicants! Please note the following:

  • Scholarships are not cumulative

  • All scholarships are in addition to other PNW scholarships

  • Offerings are dependent on application and acceptance to the university

  • $299 non-renewable book scholarship for full-time students.

  • One year, non-renewable full tuition scholarship to PNW.

  • First place winners will receive a one year, non-renewable, full tuition AND room and board scholarship.

    Students whose teams place (1st, 2nd, or 3rd) at state competition will have an opportunity to intern with the Society of Innovators or the NWI Small Business Development Center, if they enroll as a degree-seeking student at PNW.

University of Evansville

Thank you to the University of Evansville for offering scholarships to 2024 Innovate WithIN applicants! Please note the following:

  • Scholarships are not cumulative

  • Offerings are dependent on application and acceptance to the university

  • $18,000 renewable scholarship for up to four years.

  • Third Place:

    $21,000 renewable scholarship for up to four years.

    Second Place:

    $23,000 renewable scholarship for up to four years.

    First Place:

    $26,000 scholarship renewable for up to four years.

    Custom ChangeLab course dedicated to your project including a coach and team of students.

    $1,500 travel scholarship awarded while attending Harlaxton College in the United Kingdom.

Continue to check back regularly for additional scholarship offerings and updates!

Terms & Conditions

  • Any partner offering scholarships or incentives makes them only available to you once you are accepted and enrolled into the respective university or school.

  • If you advance to the next round, you will be able to update your preferred offering.

  • Scholarships do not stack year upon year.

  • The scholarship offering that you choose will be available to you and tracked by the universities you select (and by IWI) until you graduate from high school.  If you compete in future competitions you will be able to update your selections.

  • You must be an eligible participant per the Innovate WithIN terms and conditions. If you have not agreed to the competition terms and conditions or are otherwise deemed ineligible to compete, then you are not eligible for any of our partner offerings.

  • You must complete the competition requirements within each Round.  If you are selected to compete in Round 2 or 3 and drop out or are disqualified you may (or may not) still be eligible for the Round 1 scholarship.  Scholarship disbursements are subject to restrictions by Innovate WithIN and any granting partners.

  • Universities determine their scholarship rules.  Any scholarship or incentive offerings are subject to the rules and stipulations of the offering partner, not your interpretation of how it has been communicated to you.

  • Offerings are decided by the regulations of the institution and may be revoked at any time.

  • It is not the responsibility of Innovate WithIN to track any information for you.  It’s not the fault of Innovate WithIN if you do not qualify for a scholarship or are not accepted into a partner school or university (or are otherwise unable to attend). By accepting any scholarship offerings, we are not guaranteeing that you will receive them, you must be accepted by (and enrolled with) the partner and be in compliance with any rules, requirements or restrictions offered as part of accepting (or eligibility for) any offering (such as GPA, student association membership, course enrollment, status, credit hour requirements, deadlines, communication, etc.).

  • If you participate in the competition but fail to select a scholarship and fill out the scholarship form then you will not receive one.  You must fill out the form by the deadline.

  • For many partners, scholarships and other incentives are on a “first come first serve” basis and may not be available as described. All offerings and their quantities are at the discretion of the individual partners, and not Innovate WithIN. 

  • Scholarships, offerings, or any other incentives are only available with officially partnered universities, in the competition year that you have officially entered and competed. If a college or university (or other partner) is not on our official offerings list, then there is no offering from them that you are eligible for. Innovate WithIN does not make you eligible to receive a scholarship from a college that is not an Innovate WithIN partner.

  • Innovate WithIN makes no guarantee that you will receive a scholarship.

  • Innovate WithIN has the right to determine any individual eligible or ineligible for partner offerings, incentives, or scholarships, with or without reason at any time during the competition.