There is no financial cost to enter the PETE Prize competition, only the investment of your time and unwavering commitment.
Yes, the PETE Prize is open to all students from all majors, campus-wide who satisfy the eligibility requirements.
Applicants 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.
Unfortunately, it sounds like you are unable to apply this year, as Wednesday attendance from 4:30-6:30 is mandatory and non-negotiable. (See Terms & Conditions)
Yes! We want to experience your elevator pitch live. The video must be shared on an MP4 file, less than 10 MB and one (1) minute long.
You will be able to save your entries for 15 days, as long as you use the same device and browser for application updates.
As long as you meet the eligibility requirements, you are welcome to reapply to the 2025 event. (You may re-apply if you competed in the PETE Prize, too.)
Yes! International students are eligible to apply, provided PETE Prize eligibility requirements are satisfied and all visas and applicable international procedural requirements are in compliance.
Please submit your application through the PETE Prize website. Digital submissions only, no hard copies.
All submissions require that 1-3 people apply. One person qualifies as a team!
The format of the PETE Prize is a jury picked merit award competition.
Yes. The confirmation email advises you that the application is successfully uploaded, not whether the application entry is accurately completed.
The 10 teams selected to compete in the first round will be announced on November 1, 2024.
No. Please choose one idea that you are most passionate about and believe has the greatest business viability at application time.
Final pitches are May 7, 2025 and the winning team is announced at the Grand Prize Award Ceremony on May 15.
