Illinois Wesleyan

Entrepreneurship Fellowship

Become the Next IWU Entrepreneurship Fellow

Innovate. Incubate. Celebrate!

If you have a strong business idea, are a passionate innovator, entrepreneurially minded and interested in developing your business idea, then submit your proposal for the IWU Entrepreneurship Fellowship for a chance to receive a $5,000 grant.

The IWU Entrepreneurship Fellowship will provide a student the opportunity to pursue their entrepreneurial passion under the supervision of a faculty member and guidance of a successful entrepreneur. There will be two opportunities to submit your application in the academic year. Round 1 application deadline is October 11, 2022. Round 2 application deadline is March 21, 2023. The selected student for each round will receive a $5,000 grant and the opportunity to work on his or her business idea during the following semester. Students have the option to take an independent course credit in the business department while working on their business idea if they so choose.

This program is designed to support the development of a student's entrepreneurial project, through an extended and focused effort. Potentially, this project will deepen research and creative competencies and help students advance their business idea and prepare them for taking their idea to market.

Who: All current IWU students are eligible to enter.

What: An Entrepreneurship competition where the winning student is awarded the opportunity to pursue his/her business idea supported by a $5,000 grant, a faculty supporter and an entrepreneurial mentor.

When: Round 1 proposals are due October 11, 2022. Round 2 proposals are due March 21, 2023. 

Where: IWU Campus

Why: To promote and encourage entrepreneurship among students.

How: To be considered for this program, students should submit the attached application form along with their narrative essay answers to the required questions. Once applications are reviewed, the top candidates will be asked to present their business idea face to face to the panel of judges.

Apply Now


Application for Round 1: October 11, 2022

Application for Round 2: March 21, 202

All materials should be emailed to  by 4:00pm on the day of the deadline.


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