Solve Big Problems. Win Big Prizes.

APPLY BY OCTOBER 20TH AT 11:59PM FOR YOUR CHANCE TO WIN!

Have an idea that could change the world? The Social Entrepreneurship Challenge is your chance to make it happen. Powered by the Texas Tech Innovation Hub and Graduate School, and fueled by generous donors, this early-stage competition is designed for students who want to create meaningful impact. 

Whether you're tackling challenge in your own backyard or taking on global issues, you'll compete for cash prizes, Innovation Hub memberships, and the opportunity to showcase your vision at the iLaunch Competition Awards Social. All it takes is a bold idea, a 5-minute video, and the drive to make a difference.

APPLY NOW

What is social entrepreneurship?

Social entrepreneurship applies the tools of entrepreneurship, including creativity, resourcefulness, and strategic planning, to launch ventures that create both social value and long-term impact. Unlike traditional businesses that focus solely on profit, social ventures balance financial sustainability with a mission to improve communities and society. This can take the form of nonprofits, for-profits, or hybrid models, but the goal is the same: to design scalable solutions that transform lives and generate positive change.

Who can apply?

The Social Entrepreneurship Challenge is open to all Texas Tech University System students-- undergrad or grad, any major, any college. Early-stage ideas are welcome. Do we have to have a formed business? No official business entity is required to apply.

What are you looking for?

We are looking for ideas that can create change on any scale-- from Lubbock to the world. To be competitive, the ideas should be viable and scalable ventures with solutions that can grow into real impact if pursued.

What are the prizes?

Participation in the Social Entrepreneurship Challenge is fun and rewarding! In addition to the top three place prizes listed below, you will have the chance to win an additional $500 cash prize through a one-minute pitch off at the iLaunch Competition Awards Social.

How do I apply?

Applying is as easy as 1, 2, 3! Start with brainstorming an idea for a social venture then follow the steps below to apply to the Social Entrepreneurship Challenge.

STEP ONE

After developing an outline for a viable social venture, create a video (max 5-minutes) explaining your idea. This is your chance to be creative! Use tools like PowerPoint, Canva, or AI to help turn your original idea into a short, dynamic pitch. Upload the video to YouTube and make it a "public" video. Need help? We got you! Follow these instructions.

STEP TWO

Click the button below to launch the application portal. Submit answers to the application questions and the YouTube link for your video. Applications for the Fall 2025 Social Entrepreneurship Challenge close on October 20th at 11:59PM. Got questions? Reach out to Taysha Williams for help.