Online applications are open for the 2023 Shark Tank Student Competition. The last date of application is July 31, 2023.

About Shark Tank of Wellness competition

The “Shark Tank of Wellness” competition is a unique global challenge in which university students submit their most innovative, impactful ideas for the wellness industry. The concepts are judged by a prestigious panel of wellness experts, and the top three finalists are flown, along with their professors, to the annual Global Wellness Summit (GWS). This year the Summit will be held November 6-9 in Doha, Qatar, where the finalists will present their business ideas on stage. International business leaders will act as “Wellness Sharks” and ask questions of the students, who will defend their innovation and make a business case for its feasibility. Students will compete for cash prizes upto US$10,000.

Who Can Participate?

The competition is open to both individual students and teams of students over the age of 18 from anywhere in the world.

Eligibility

  • The competition is open to both individual students and teams of students over the age of 18 from anywhere in the world. There is no entry fee. Note: If participating as a team and the team is chosen as one of the top three finalists, only the team leader will be eligible to attend the Global Wellness Summit with their professor.
  • The participant(s) must be an undergraduate college or university student (working toward a one- or two-year diploma, a four-year Bachelor’s degree, or a Vocational Education and Training (VET) qualification) or a graduate/postgraduate student (working toward a Master’s, MBA, JD, MD or PhD degree) in a university or college of distinction at the time they develop and submit their concept.
  • The participant(s) must be either a full-time or part-time student at the university or college.
  • The participant(s) must have a professor or faculty advisor who serves as a mentor for their project.
  • All contestants must be available to attend the 2023 Global Wellness Summit, November 6-9, in Doha, Qatar, to present their idea in person.

Deadlines

  • July 31, 2023 (11:59 p.m. US Eastern Time): Competition closes. All submissions, both the Concept Submission Form and video, must be completed by this time. Late submissions will not be accepted.
  • August 2023: The top three concept submissions, as decided by the judges, will be announced by email to all registered participants. Arrangements will then be made to fly each of the three student finalists and their professors to the annual Global Wellness Summit (GWS) being held November 6-9 in Doha, Qatar.
  • November 6-9: The Shark Tank of Wellness finalists will present their ideas on stage at the 2023 Global Wellness Summit. Students will pitch their ideas to the judges (a.k.a. “Wellness Sharks”) and the Summit delegates. The first, second and third-place winners will then be announced on stage, at which time, the prizes will be awarded. The winners will be listed on the Global Wellness Summit website and promoted on social media post-Summit.

Prizes

  • First Prize: One (1) first-prize winner will receive US$5,000.
  • Second Prize: One (1) second-prize winner will receive US$3,000.
  • Third Prize: One (1) third-prize winner will receive US$2,000.
  • The Total value of all prizes is US$10,000.

Judging Criteria

Entries will be judged on the following criteria, which will hold equal weight:

  • Project innovation
  • Visual appeal or design
  • Relevance and importance to the wellness industry
  • Viability as a business (customer/market analysis and competitors)
  • Quality of the project presentation

Judges’ decisions are final.

How to Apply?

Location

Doha, Qatar

Click here to view the official notification for the 2023 Shark Tank Student Competition.