Million Dollar Ideas
December 15, 2020
BY Minyetta Nelson
Detroit, MI -
Intending to inspire and help capitalize future Black entrepreneurs and innovators, the popular soda brand Mountain Dew is launching a $1 million ideas pitch competition. Mountain Dew just announced it is teaming with Howard University, Hampton University and other Historically Black Colleges and Universities (HBCUs) linked with its parent company PepsiCo.
The contest comes after PepsiCo announced, in June, its plans to invest over $400 million in the next five years to uplift Black communities across America. The contest is separate from that pledge.
The Real Change Ideas Pitch Competition will offer students and recent alumni of Howard, Hampton and other HBCUs a chance to win cash. The Top 10 finalists will compete for a piece of the $1 million prize pool, with their respective schools also getting an award fund. The competition will provide resources, programming and funding to future Black Entrepreneurs. A panel will pick the top 50 applicants. Those applicants will be invited to a round of virtual pitches with an all-star panel beginning January 18, 2021. Ten finalists will emerge and can pitch their ideas in front of a Real Change panel. The 10 finalists will compete during a virtually streamed finale in February 2021. For more information click this link - https://www.mountaindew.com/