Norm Brodky Business Concept Competition - full tuition
University of Wisconsin-Milwaukee
Key Statistics
Grant Amount
Full tuition
Location
Deadline
Varies by year
About this Scholarship
The Norm Brodsky Business Concept Competition is an annual scholarship opportunity offered by the University of Wisconsin-Milwaukee (UWM) that awards full tuition to students demonstrating exceptional entrepreneurial ideas and business concepts. This merit-based competition is designed to encourage innovation and practical business planning among undergraduate students enrolled in business-related disciplines. Named after Norm Brodsky, a notable entrepreneur and business writer, the competition aims to foster a spirit of entrepreneurship and support students who exhibit strong potential to contribute to the business community. Participants are required to submit detailed business plans or concepts, which are then evaluated by a panel of faculty members and business professionals. The scholarship covers full tuition fees for the academic year, providing significant financial support to recipients. The competition is open primarily to students enrolled at UWM, though specific eligibility criteria and application procedures may vary each year. This scholarship is part of UWM’s broader commitment to promoting experiential learning and supporting students in translating innovative ideas into viable business ventures. Applicants are encouraged to prepare comprehensive proposals that include market analysis, financial projections, and implementation strategies. The Norm Brodsky Business Concept Competition not only offers financial assistance but also provides a platform for students to gain recognition and mentorship within the university’s business ecosystem.
Eligibility & Overview
Financial Grant
Full tuition
Scholarship Type
Merit based
What's Covered
Description
The Norm Brodsky Business Concept Competition is a specialized scholarship initiative hosted by the University of Wisconsin-Milwaukee that targets undergraduate students with innovative business ideas. The competition is structured to identify and reward students who demonstrate a strong understanding of business principles, creativity in concept development, and the ability to present a viable plan for a new business venture. Applicants typically submit a comprehensive business plan or concept proposal that outlines the nature of the business, target market, competitive analysis, marketing strategies, operational plans, and financial forecasts. These submissions are reviewed by a panel consisting of university faculty members from the Lubar School of Business and external business professionals. The competition emphasizes originality, feasibility, and the potential impact of the proposed business. Winners receive a scholarship that covers full tuition fees for the academic year, significantly reducing the financial burden associated with higher education. Beyond financial support, recipients often gain opportunities for mentorship, networking, and further development of their business ideas through university-sponsored programs. The competition is held annually, with deadlines and specific application requirements subject to change. Interested students should consult the official University of Wisconsin-Milwaukee Lubar School of Business website or contact the scholarship office for the most current information. The Norm Brodsky Business Concept Competition aligns with UWM’s mission to foster entrepreneurship and practical learning experiences, preparing students for successful careers in business and innovation.
Key Benefits
Full tuition coverage reduces the financial burden of higher education for recipients.
Provides a platform for students to showcase innovative business ideas and gain recognition.
Offers access to mentorship and business development resources within the university.
Encourages practical application of business theory through the development of real-world business plans.
Supports the university’s commitment to fostering entrepreneurship and experiential learning.
Financing Information
Funding and Financial Support Details
The Norm Brodsky Business Concept Competition provides funding in the form of a full tuition scholarship awarded to selected undergraduate students at the University of Wisconsin-Milwaukee. The scholarship covers the tuition fees for the academic year, which can vary depending on the student’s enrollment status and specific program requirements. The funding is merit-based, awarded on the strength of the business concept submitted and the applicant’s demonstrated potential for entrepreneurial success. Recipients are responsible for other educational expenses such as housing, books, and personal costs unless they secure additional financial aid. The scholarship is typically renewable based on continued academic performance and adherence to the competition’s terms and conditions, though renewal policies may vary. The application process generally requires submission of a detailed business plan, and finalists may be invited to present their concepts in person or virtually. The selection committee evaluates submissions based on criteria including originality, feasibility, market potential, and clarity of presentation. Students interested in applying should verify the current application timeline, eligibility requirements, and documentation needed directly with the university, as these details can change annually. This scholarship is one component of the university’s broader financial aid offerings, and students are encouraged to explore other funding sources to support their education comprehensively.
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* Disclaimer: Information provided is subject to change. Prospective applicants should verify all details, including deadlines, eligibility, and award amounts, with the University of Wisconsin-Milwaukee or the official scholarship awarding body before applying.