Leading the Charge: Business Competition Lessons from SiNode Systems

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A Year of Learning

In the business world, SiNode Systems is becoming known for its success in recent business competitions as much as for its innovative, high-performance anodes for lithium ion batteries. The startup out of Northwestern University won the 2013 Rice Business Competition, the largest such competition in the world, as well as the 2013 Clean Energy Prize on the back of its cutting edge battery technology and a strong team of founders. Since the competitions, SiNode has gone on to secure private investment, receive a federal research grant, and form industry partnerships as it continues to grow

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Best Practices for Running a Business Competition

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Whether you are planning to run a business plan, a business model, pitch or idea competition there is a couple of things I have noticed from hosting a couple of hundred competitions in the last two years that you may want to consider.

Don’t run a competition just to check a box for your organization. Business competitions are a wonderful way to provide experiential learning for your applicants. If you can’t put in the time and provide a clear benefit to those applicants, education, mentorship or capital, let them know about other competitions and help prepare them. In a recent

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