World Skill Challenge - IDEA TANK Entrepreneur Challenge
by World Skill Challenge (WSC)
Cash prize of ₹1,00,000
World Skill Challenge - IDEA TANK Entrepreneur Challenge is a competition by World Skill Challenge (WSC) for students in Class 1 to 12, open to students across India.
Mode
Hybrid
Eligibility
Class 1 to 12
Fee
₹665
Duration
The competition runs in phases over several months, from registration to the grand finale.
Format
Individual · Teams of 1
Time needed
Varies based on the complexity of the idea. Participants should allocate time for research, creating a business plan presentation, and optionally, a pitch video.
About this opportunity
The IDEA TANK Entrepreneur Challenge, part of the World Skill Challenge, is a premier international competition for young innovators. It guides students to think like entrepreneurs by identifying a real-world problem, developing a unique solution, and creating a viable business model to present to a global audience.
Participation is open to students worldwide across Junior (Ages 6-10), Middle (Ages 11-14), and Senior (Ages 15-18) divisions, competing individually or in small teams. The challenge fosters invaluable skills in entrepreneurship, strategic thinking, and public speaking, providing a strong foundation for future academic and career pursuits.
Eligibility
- Grade level
- Class 1 to 12
- Age range
- 6 to 18 years
- Location
- Nationwide
Academic requirement
No specific academic requirements are needed. Open to all students with an interest in entrepreneurship.
Prerequisites
- An interest in entrepreneurship and problem-solving.
- Ability to prepare and submit a presentation in English.
Age: 6-18 years (Grades 1-12). Location: Open to students globally as it is an online competition. Team Composition: Students can participate individually or in teams of up to 3. Team members can be from different schools but must be in the same age division (Junior, Middle, or Senior).
Know in seconds if your child qualifies.
The app checks eligibility for you.
Academic details
Difficulty: Advanced
Rewards and recognition
Award
₹1,00,000 Cash Prize
The top winning team or individual will be awarded a cash prize of ₹1,00,000 to recognize their innovative business idea and entrepreneurial potential.
Prizes
Medals for Winners
Top performers are awarded Gold, Silver, or Bronze medals based on their final scores. The top 5% of participants receive Gold, the next 10% receive Silver, and the following 15% receive Bronze.
Certificate
Certificate of Participation
All participants receive an official Certificate of Participation to acknowledge their effort and involvement in the international challenge.
Recognition
International Recognition
Skills your child builds
Exam format
- Language
- English
Rounds & format
The competition consists of a preliminary submission round and a final presentation round.
How entries are judged
Submissions are evaluated based on innovation and originality of the idea, feasibility and viability of the business model, potential for market impact and scalability, and the quality and clarity of the presentation or pitch.
Selection process
The competition consists of a preliminary submission round and a final presentation round. Finalists are selected based on the scores from the initial project evaluation to present their ideas live to the judging panel.
How to apply
- 1Register on the official World Skill Challenge website before the deadline.
- 2Pay the required registration fee to confirm participation.
- 3Develop a business idea and create a presentation deck outlining the problem, solution, business model, and market analysis.
- 4Optionally, record a 3-minute video pitch to supplement the presentation.
- 5Submit all required files through the online portal before the submission deadline.
How to prepare
- Official competition handbook and guidelines
- Webinars on entrepreneurship and pitching
- Examples of past winning projects
- Mentorship sessions with industry experts
Fees & financial support
Fee details
A registration fee is required per individual to participate is INR 665.
Refund policy
Fee policies, including refund information, are typically available on the provider's website during registration.
Frequently asked questions
Is World Skill Challenge - IDEA TANK Entrepreneur Challenge free?
No. The registration fee is ₹665.
Who can participate in World Skill Challenge - IDEA TANK Entrepreneur Challenge?
Students in Class 1 to 12. Children aged 6 to 18.
What will my child gain from World Skill Challenge - IDEA TANK Entrepreneur Challenge?
Receive a Gold, Silver, or Bronze medal for outstanding performance.. Earn an official Certificate of Participation.. Gain international recognition for your innovative business idea.. Develop critical entrepreneurship and problem-solving skills.. Enhance your public speaking and presentation abilities.. Build a strong foundation for future academic and career pursuits in business.. Receive an official Certificate of Participation..
Is this the right fit for your child?
Your child is not a list entry. WiWit matches opportunities to who they already are.
Share with other parents
Categories
WiWit
Don't miss what your child actually qualifies for
WiWit checks 1,191 opportunities like this one. The app shows you only the ones that fit your child.
- Matched to your child's class, age, and interests
- Deadline reminders so you never miss registration
- Every opportunity verified before it's listed
Related opportunities
INFINITY — Inter-School Mathematics Championship
by Aditya Birla Group
Prestigious annual inter-school math competition for grades 9-12 by Aditya Birla World Academy & BITS Pilani, fostering a love for mathematics.
What your child could gain:
National Analytical Brains (NAB) Competition - Mathematics & Logical Reasoning
by Analytical Brains Education Private Limited
The National Analytical Brains (NAB) Competition is an annual online event for students from Kindergarten to Class 12 across India, focusing on mathematics and logical reasoning skills.
What your child could gain:
Navaratri Navrang Music Competition - Instrumental
by Acharyanet
An online Carnatic music competition by Acharyanet, held during Navaratri, is open to instrumentalists across six age categories from 6 years to adults.
What your child could gain: