Application Deadline: May 15, 2019 (12:00 p.m. Eastern Time)
The “Shark Tank of Wellness” student competition is a unique global challenge that rewards students for their most innovative, impactful ideas for the wellness industry.
We define the wellness industry broadly and are 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.
Students are to submit a concept submission form detailing their idea and a one- to two-minute video presentation of their idea. The wellness industry is currently valued at over $4.2 trillion, thus providing ample opportunity for students with great ideas!
Three finalists will be flown, along with their professors, to the annual Global Wellness Summit (GWS) being held October 15–17, 2019, at the Grand Hyatt Hong Kong. Here, they will pitch their business idea to the attending Summit delegates—a “who’s who” in the global wellness world. Several business leaders will act as “Wellness Sharks” and ask questions of the students, who will defend their innovation and make a business case for its feasibility. The first, second and third place winners will then be announced on stage during the Global Wellness Summit.
Eligibility
The 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. Note: 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 contestant(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 PhD degree) in a university or college of distinction at the time they develop and submit their concept.
The contestant(s) must be either a full-time or part-time student at the university or college.
The contestant(s) must have a professor or faculty advisor who serves as a mentor for their project.
All contestants must be available to attend the Global Wellness Summit, October 15–17, 2019, in Hong Kong, in order to present their idea in person.
Prizes
First Prize: One (1) first-prize winner will receive USD $5,000.
Second Prize: One (1) second-prize winner will receive USD $3,000.
Third Prize: One (1) third-prize winner will receive USD $2,000.
Total value of all prizes is USD $10,000.
Additional noncash prizes include airfare and hotel accommodations in Hong Kong for the top three student finalists (individual or team leader) and their professors. Also included is access to the three-day Summit (a $3,630 value), including all general sessions, breakout discussions and industry forums, featuring global industry leaders. A myriad of social events and a final evening gala is included. This is a priceless opportunity to meet and learn from global visionaries
Timeline:
May 15, 2019 (12:00 p.m. Eastern Time): Competition closes. All submissions, both the Concept Submission Form and video, must be submitted by this time. Late submissions will not be accepted.
August 15, 2019: The top three concept submissions, as decided by the judges, will be announced by email to all registered participants. Arrangements will then be made to fly each of the three student finalists and their professors to Hong Kong for the Global Wellness Summit, October 15–17, at the Grand Hyatt Hong Kong.
October 15-17, 2019: The “Shark Tank of Wellness” finalists’ presentations will take place on stage at the 2019 Global Wellness Summit. Students will pitch their ideas to the judges (a.k.a. “Wellness Sharks”) and the Summit delegates. The first, second and third place winners will then be announced on stage, at which time, the prizes will be awarded. The winners will be listed on the Global Wellness Summit website and promoted on social media post-Summit.
For More Information:
Visit the Official Webpage of the Shark Tank of Wellness Student Global Competition 2019