Have questions? We have answers…
when and where is the 2020 idea tank for kids?
The 2019 IDEA Tank for Kids was such a hit that there will be TWO (2) IDEA Tank for Kids events in 2020!
Winnetka IDEA Tank for Kids is open to any kid age 8-14 from Chicagoland. It will take place on Wednesday, July 15, 2020. Location TBD.
Durham IDEA Tank for Kids is open to any kid age 8-14 from the Raleigh-Durham, NC surrounding area. Date & Location TBD.
How old ARE THE KIDS who compete in idea tank?
Between the ages of 8 and 14.
Does it cost money to register?
No. This is event is free to register.
Can i enter with a friend(s) or sibling(s)?
Yes! Many great companies are started by partners. Great idea!
Do i need a unique idea?
Nope. Maybe you already have a lawn cutting business or a cookie company and you’d like to use the prize money for better equipment or more ingredients. Or maybe you do have a unique idea or product, that’s great, too! We just want to hear from kids with ideas who want to turn them into a business.
Do i need to have a final product with me?
No! You just need to have an idea. Other things to think about: 1.) what problem does your idea solve? 2.) who would be your customers? 3.) where would you sell your product? 4.) how much money does it cost to make your product? 5.) how much money would you sell it for? 6.) how would you use the prize money?
Can I come and just watch this event?
Yes!. Our events are open to the public. Please join us and cheer on these incredible kid entrepreneurs.
how do i register?
Registration opens January 1, 2020 for both events.
can i be added to your email list?
Yes! Please send us an email at WinnetkaIdeaTank@gmail.com.
How many kids win prizes?
One GRAND PRIZE winner wins $1,000! Finalists receive $250. All registrants receive a FREE t-shirt and other neat giveaways.
What should I say in my REGISTRATION summary?
Your summary should include a basic overview of what your idea is. Other things to think about: 1.) what problem does your idea solve? 2.) who would be your customers? 3.) where would you sell your product? 4.) how much money does it cost to make your product? 5.) how much money would you sell it for? 6.) how would you use the prize money?
What if I’m nervous to talk to the judges?
That’s totally normal! We all get nervous when we talk in public. I’ll be even the Sharks are nervous! Take a deep breath and realize that this is a fun event. You’ll do great.
how can i become a sponsor?
To become a sponsor, please email WinnetkaIdeaTank@gmail.com.
I have more questions. who should i email?
Please email WinnetkaIdeaTank@gmail.com.