IDEAcorps MBA Consulting Challenge
Objective
The IDEAcorps MBA Consulting Challenge, hosted by Loyola University New Orleans CECD and in partnership with The Idea Village, gives MBA students the opportunity to work with a real startup to solve a problem the founding entrepreneur is facing. Teams work intensively over four days to scope the problem, validate a solution, and give the entrepreneur a plan that can have real-world results and impact.
Description
The IDEAcorps MBA Consulting Challenge is a nationally unique competition that pairs MBA student teams with New Orleans-based entrepreneurs in order to see how far the teams can develop their entrepreneur's company in four days.
MBA teams from across the region will compete to see how far they can 'move the needle' and produce real-world results for a local entrepreneur.
STEP 1: SCOPE
Teams identify a problem the startup's founding entrepreneur is facing.
STEP 2: VALIDATE
Teams propose a solution, then test it, collect data from actual customer, and iterate on that solution.
STEP 3: IMPLEMENT
Teams create an implementation plan that the entrepreneur can use immediately.
STEP 4: WIN
In a culminating event, the teams will present to a panel of judges from the New Orleans business community. The judges will select the winning team based on how much the team has 'moved the needle' for the local business.
On the final day of the competition, teams will be judged by a panel of investors, business leaders, faculty & civic innovators on their ability to “move the needle” for the company in a limited amount of time.
March 25, 2025
December 15, 2024
Private
Business School
Entrepreneurship
Finance
innovation
Leadership
Management
For more information, please please contact, Kate McCrery at kymccrer@loyno.edu or 504-864-7926.
Loyola University, New Orleans
Undefined