Students must be enrolled at FIT as a full time or part time student in an undergraduate (Associates/Bachelor's) or graduate program, and be scheduled to graduate in Fall '24 or Spring '25.
Alumni who graduated in Spring '24, Fall '23, Spring '23 and Fall '22 are eligible to apply.Pursuing an FIT degree in Fall '25, at any level, may not be pursued concurrent with the PETE Prize innovation incubator, which begins in Fall '25. For example, AAS graduates from Fall '24/Spring '25 who will be pursuing a bachelor's degree in Fall '25, are ineligible to apply. Bachelor's graduates from Fall '24/Spring '25 beginning a graduate school program in Fall '25 are ineligible.
Eligible business concept proposals are for-profit only and focus on the creative industries, promoting FIT's core values of innovation, sustainability and diversity. Start-up business entities are eligible to apply as a for-profit venture if the company has historically generated less than $10,000 in funding and/or revenue.
International students are eligible to apply, provided PETE Prize eligibility requirements are satisfied and all visas and applicable international procedural requirements are in compliance.