Eligibility Criteria.

• Open to everyone, from students, professionals, and early-stage entrepreneurs from all backgrounds and industries presenting ideas that address real-world challenges or opportunities

• Company Size - From Angel/Pre-Seed stage to Series A.

• Multiple entries from the same team or individual will not be accepted.

• All submissions must reflect the team’s original work and unique ideas. While teams may consult mentors, advisors and external insights, any third-party content must be properly cited and attributed.

 

Application Process:

You are encouraged to apply as early as possible.

• The deadline for submissions is Oct 1st, 2025.

• Selected finalists will be notified by October 15th, 2025.

• You will receive a confirmation email once your application is submitted.

• You must complete the entire application form; any incomplete applications will not be considered.

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If selected as a finalist, you will present your idea in the Pitch Contest during the Annual Conference.

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The selection team will consider the following criteria in determining the finalists:

1. Innovation & Value Proposition – How unique and impactful is the idea? Does it solve a real problem?

2. Market Potential – Is there a clear target market and demand for the solution?

3. Business Model – The feasibility, scalability, and sustainability of the proposed business approach.

4. Financial Projections – The accuracy, realism, and strategic planning reflected in projected financials.

5. Team & Presentation – Does the team have the skills, vision, and commitment to execute, and did they communicate their idea clearly and persuasively?

 

Disclaimer:

All information provided by the applicant will become the property of OPEN Chicago and may be used as reference for future events. It is the sole responsibility of the applicant to ensure they do not submit any confidential or proprietary material with OPEN. Please note the process will not include any Non-Disclosure Agreements (NDAs) being signed by any party.