Questions & Answers

Frequently
Asked
Questions

Everything you need to know before applying to the Rising Founders Challenge.

01

Who can apply?

Any Charlotte-area high schooler with a business idea. You can apply solo or as a team. You do not need a finished product, revenue, or a registered company — just a real idea and the willingness to pitch it.
02

Who is eligible?

  • ✓Students currently enrolled in grades 9–12
  • ✓Attend a Charlotte-area school
  • ✓Apply individually or with a team
  • ✓Business can be idea-stage or already operating
  • ✓No LLC or finished product required
  • ✓No application fee
03

Is there a cost to apply?

No. Applying is completely free.
04

Do I need a fully built product?

No. Early-stage ideas are welcome. Judges care about the problem you're solving, your approach, and your ability to communicate it clearly.
05

Can I apply as a solo founder?

Yes. Teams are encouraged, but solo founders are absolutely allowed to apply and pitch.
06

When are applications due?

Applications close October 1. Selected teams will be notified before pitch day.
07

When and where is pitch day?

Pitch day is planned for mid-late October in Charlotte, NC. Exact location and date will be shared with selected applicants.
08

How are winners chosen?

A panel of local entrepreneurs and investors will score each pitch on clarity, feasibility, market understanding, and presentation. The top three teams split the $10,000 seed pool.
09

What happens after winning?

Winners receive ongoing mentorship and hands-on help registering and launching their business. The goal is to turn the idea into something real, not just hand over a check.
10

How will I know if I'm selected?

If you're selected to pitch, we'll reach out by email and phone using the contact info from your application.

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